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Wessel Family Foundation Inc. is a private corporation based in PO BOX CHICA, IL. The foundation received its IRS ruling in 2003. It holds total assets of $3.2M. Annual income is reported at $966K. Total assets have grown from $1.7M in 2010 to $3.1M in 2022. The foundation is governed by 4 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 2020 to 2023. Funding is distributed across 4 states, including Illinois, Florida, California. According to available records, Wessel Family Foundation Inc. has made 22 grants totaling $283K, with a median grant of $2K. Individual grants have ranged from $500 to $120K, with an average award of $13K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Florida, Illinois, Virginia, which account for 73% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$24K
Largest Grant
$174K
Based on 9 grants from the most recent 990-PF filing.
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.
Wessel Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in FL, IL, VA.
Wessel Family Foundation Inc. has distributed a total of $283K across 22 grants. The median grant size is $2K, with an average of $13K. Individual grants have ranged from $500 to $120K.
Wessel Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wessel Family Foundation Inc. is headquartered in PO BOX CHICA, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brandon Wessel | TREAS DIR | $0 | $0 | N/A |
| Elizabeth K Wessel | CHAR DIR | $0 | $0 | N/A |
| Jefffrey H Wessel | PRES DIR | $0 | $0 | N/A |
| Katherine W Mitchell | SEC DIR | $0 | $0 | N/A |
Total Giving
$177K
Total Assets
$3.1M
Fair Market Value
$3.6M
Net Worth
$3.1M
Grants Paid
$142K
Contributions
N/A
Net Investment Income
$139K
Distribution Amount
$172K
Total: $2.5M
Total Grants
22
Total Giving
$283K
Average Grant
$13K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MinnesotaGENERAL | Minneapolis, MN | $2K | 2023 |
| Naples Children &GENERAL | Naples, FL | $120K | 2023 |
| Naples Botanical GardenGENERAL | Naples, FL | $5K | 2023 |
| Prison Fellowship MinistriesGENERAL | Merrifield, VA | $5K | 2023 |
| Kenilworth UnionGENERAL | Kenilworth, IL | $5K | 2023 |
| Artis NaplesGENERAL | Naples, FL | $2K | 2023 |
| Lurie Children'S HospitalGENERAL | Chicago, IL | $1K | 2023 |
| Christ Chapel Bible ChurchGENERAL | Fort Worth, TX | $500 | 2023 |
| National Ms SocietyGENERAL | Chicago, IL | $500 | 2023 |
| Gargiulo Education CenterGENERAL | Naples, FL | $500 | 2023 |
| Mayo ClinicGENERAL | Rochester, MN | $500 | 2023 |