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Wise Family Foundation is a private trust based in GATESVILLE, TX. The foundation received its IRS ruling in 1993. The principal officer is Fulbright & Jaworski W M Farner. It holds total assets of $472K. Annual income is reported at $285K. Total assets have grown from $378K in 2011 to $517K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Texas. According to available records, Wise Family Foundation has made 21 grants totaling $761K, with a median grant of $36K. The foundation has distributed between $172K and $222K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $222K distributed across 6 grants. Individual grants have ranged from $500 to $110K, with an average award of $36K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$38K
Average Grant
$32K
Largest Grant
$60K
Based on 6 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.
Wise Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in TX.
Wise Family Foundation has distributed a total of $761K across 21 grants. The median grant size is $36K, with an average of $36K. Individual grants have ranged from $500 to $110K.
Wise Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wise Family Foundation is headquartered in GATESVILLE, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary A Wise | Trustee | $0 | $0 | N/A |
| Charles R Wise | Trustee | $0 | $0 | N/A |
| Mary K Wise | Trustee | $0 | $0 | N/A |
Total Giving
$197K
Total Assets
$517K
Fair Market Value
$2M
Net Worth
$517K
Grants Paid
$176K
Contributions
N/A
Net Investment Income
$135K
Distribution Amount
$97K
Total: $495K
Total Grants
21
Total Giving
$761K
Average Grant
$36K
Median Grant
$36K
Unique Recipients
10
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Discipleship UnlimitedCharitable Contribution | Gatesville, TX | $60K | 2023 |
| Mission WacoCharitable Contribution | Waco, TX | $60K | 2023 |
| Central Texas Hospitality HouseCharitable Contribution | Gatesville, TX | $36K | 2023 |
| Trinity Baptist ChurchCharitable Donation | Gatesville, TX | $20K | 2023 |
| FcaCharitable Contribution | Plano, TX | $6K | 2022 |
| BaylorCharitable Donation | Waco, TX | $500 | 2022 |
| Central MissionaryCharitable Contribution | Houston, TX | $10K | 2021 |
| Pidcoke Baptist ChurchCharitable Contribution | Gatesville, TX | $6K | 2021 |
| World Hunger ReliefCharitable Contribution | Waco, TX | $23K | 2020 |
| Gisd Education FoundationCharitable Contribution | Gatesville, TX | $15K | 2020 |