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Wolter Family Foundation is a private corporation based in CORNELIUS, NC. The foundation received its IRS ruling in 2022. It holds total assets of $563K. Annual income is reported at $85K. Total assets have grown from $251K in 2021 to $531K in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, Wolter Family Foundation has made 5 grants totaling $63K, with a median grant of $20K. Annual giving has grown from $21K in 2022 to $43K in 2023. Individual grants have ranged from $500 to $20K, with an average award of $13K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in North Carolina. 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.
Wolter Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NC.
Wolter Family Foundation has distributed a total of $63K across 5 grants. The median grant size is $20K, with an average of $13K. Individual grants have ranged from $500 to $20K.
Wolter Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wolter Family Foundation is headquartered in CORNELIUS, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Wolter | VP | $0 | $0 | N/A |
| Karen Wolter | PRESIDENT | $0 | $0 | N/A |
Total Giving
$44K
Total Assets
$531K
Fair Market Value
$531K
Net Worth
$531K
Grants Paid
$43K
Contributions
$26K
Net Investment Income
N/A
Distribution Amount
$26K
Total: N/A
Total Grants
5
Total Giving
$63K
Average Grant
$13K
Median Grant
$20K
Unique Recipients
3
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Davidson Day SchoolSCHOLARSHIP SUPPORT GRANT | Davidson, NC | $20K | 2023 |
| Safe AllianceVICTIM SUPPORT GRANT | Charlotte, NC | $3K | 2023 |
| Baltimore Village SchoolHISTORICAL PRESERVATION OF SCHOOL | Cramerton, NC | $500 | 2022 |