//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Way Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2010. The principal officer is Foundation Source. It holds total assets of $169K. Annual income is reported at $111K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Way Charitable Foundation has made 6 grants totaling $108K, with a median grant of $18K. Individual grants have ranged from $10K to $30K, with an average award of $18K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Arizona and Washington and California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Way Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in AZ, WA, CA.
Way Charitable Foundation has distributed a total of $108K across 6 grants. The median grant size is $18K, with an average of $18K. Individual grants have ranged from $10K to $30K.
Way Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Way Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Alexander Way | VP | $0 | $0 | N/A |
| Mary Alexander Coleman Way | VP, Dir | $0 | $0 | N/A |
| John Griffith Way | VP | $0 | $0 | N/A |
| Patricia Shields Way | VP | $0 | $0 | N/A |
| William G Way | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$113K
Total Assets
$165K
Fair Market Value
$1.2M
Net Worth
$165K
Grants Paid
$108K
Contributions
N/A
Net Investment Income
$108K
Distribution Amount
$55K
Total Grants
6
Total Giving
$108K
Average Grant
$18K
Median Grant
$18K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwest Shakespeare Company IncGeneral & Unrestricted | Mesa, AZ | $30K | 2023 |
| Mce Social Capitalfunds for annual operating expenses and losses incurred from defaulted loans | San Francisco, CA | $23K | 2023 |
| Whitman College Board Of Trusteesin Honor of Peter Harvey and the new dorm fund | Walla Walla, WA | $20K | 2023 |
| Phoenix Art MuseumGeneral & Unrestricted | Phoenix, AZ | $15K | 2023 |
| The Nature ConvservancyGeneral & Unrestricted | Phoenix, AZ | $10K | 2023 |
| Human Library InitiativeGeneral & Unrestricted | Shoreline, WA | $10K | 2023 |