Ames Family Legacy Foundation

Private foundation · Grantmaker Milwaukee, WI EIN: 93-6834808

Ames Family Legacy Foundation is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $45.0M in total assets. In 2024, it awarded 7 grants totaling $100K. Net investment income was $1.0M.

Key facts about Ames Family Legacy Foundation

In short: Ames Family Legacy Foundation gave $100K across 7 grants in 2024 (avg $14K), top state Minnesota. Source: 2024 IRS Form 990-PF.

EIN
93-6834808
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100,000
Grants made (2024)
7
Average grant
$14,286
Median grant
$10,000
Total assets
$44,981,900
Primary geography
Minnesota (45% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$45.0M

+135.9% YoY

Annual Giving

$100K

Grant Count

7

Avg Grant Size

$14K

Under IRS private-foundation payout rules, Ames Family Legacy Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

How Ames Family Legacy Foundation gives

  • In 2024 it paid out 15% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

MinneapolisSt. PaulNew YorkScottsdaleTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2023 7 grants2024

In 2024 it made 7 grants totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Genesys Works: $30KGenesys Works$30KFirst Responders Children's Fdn: $25KFirst Responders Children'sFdn$25KBig Brothers Big Sisters of America: $20KBig Brothers Big Sisters ofAmerica$20KCamelot Therapeutic Horsemanship: $10KCamelot TherapeuticHorsemanship$10KEvery Third Saturday: $5KEvery Third Saturday$5KGuild Inc: $5KGuild Inc$5KBest Buddies International: $5KBest Buddies International$5K

The largest 2024 recipient was Genesys Works ($30K). Together the top 7 received $100K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Genesys Works St. Paul, MNGeneral Operating$30,000
First Responders Children's Fdn New York, NYGeneral Operating$25,000
Big Brothers Big Sisters of America Tampa, FLGeneral Operating$20,000
Camelot Therapeutic Horsemanship Scottsdale, AZGeneral Operating$10,000
Every Third Saturday Minneapolis, MNGeneral Operating$5,000
Guild Inc St. Paul, MNGeneral Operating$5,000
Best Buddies International Minneapolis, MNGeneral Operating$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M2023 2024
Metric20242023
Total Assets$44,981,900$19,064,985
Revenue$26,150,980$19,065,000
Expenses$200,154$15
Qualifying Distributions$157,231$15
Net Investment Income$1,019,070$94,826
Distributable Amount$1,074,431$115,733

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Ames Family Legacy Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Raymond G. Ames

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sonja C. Savage

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ames Family Legacy Foundation

How much does Ames Family Legacy Foundation give each year?

Ames Family Legacy Foundation gave $100K across 7 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Ames Family Legacy Foundation's typical grant size?

Ames Family Legacy Foundation's median grant in 2024 was $10,000, and its average grant was $14,286, across 7 grants on its 2024 IRS Form 990-PF.

Where does Ames Family Legacy Foundation give grants?

Ames Family Legacy Foundation's top state is Minnesota, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (25%) and Florida (20%). The most frequent recipient cities were St. Paul, MN (2 grants) and Minneapolis, MN (2 grants).

Does Ames Family Legacy Foundation give general operating support?

Yes: 100% of Ames Family Legacy Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Ames Family Legacy Foundation's largest grantees?

Ames Family Legacy Foundation's largest 2024 grantees include Genesys Works ($30,000), First Responders Children's Fdn ($25,000) and Big Brothers Big Sisters of America ($20,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is Ames Family Legacy Foundation?

Ames Family Legacy Foundation reported $45.0M in total assets on its 2024 IRS Form 990-PF. It paid out $157K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Ames Family Legacy Foundation's EIN?

Ames Family Legacy Foundation's EIN (Employer Identification Number) is 93-6834808. IRS Form 990 filing data is available on this page for 2023–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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