Austin Family Foundation Inc

Foundation · Grantmaker Walworth, WI EIN: 81-4606886

Austin Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Walworth, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $65K. Net investment income was $91K.

Key facts about Austin Family Foundation Inc

EIN: 81-4606886
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $65,000
Grants made (2024): 4
Average grant: $16,250
Median grant: $12,500
Total assets: $1,016,883
Primary geography: Wisconsin (62% of itemized 2024 grant dollars)

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

Who Austin Family Foundation Inc funds

By grant dollars, the top recipient states for Austin Family Foundation Inc's 4 itemized 2024 grants were Wisconsin (62%), Illinois (31%) and Texas (8%). None of its 4 grants with a stated purpose were described as general or operating support.

How Austin Family Foundation Inc gives

Giving fell 22% from 2021 to 2024. Method
In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+2.5% YoY

Annual Giving

$65K

+44.4% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$16K

-27.8% YoY

Under IRS private-foundation payout rules, Austin Family Foundation Inc reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

About Austin Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $40K (62%)

Illinois $20K (31%)

Texas $5K (8%)

Share of all 4 itemized 2024 grant dollars.

States

Iowa Illinois Michigan Texas Wisconsin

Cities

WalworthElkhornBooneDelavanLake GenevaMilwaukeeWheatonWilliams BayCarol StreamDallasEl PasoFish CreekGrand RapidsMadison

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,016,883	$992,289	$1,010,732
Revenue	$101,572	$43,721	$116,660
Expenses	$78,243	$62,164	$14,798
Qualifying Distributions	$65,000	$49,046	$2,255
Net Investment Income	$90,732	$33,503	$106,317
Distributable Amount	$59,495	$54,644	$53,047

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Safe Families for Children ($35,000), Outreach Community Ministries ($20,000), Inspiration Ministries ($5,000).

Recipient	Purpose	Amount
SAFE FAMILIES FOR CHILDREN Elkhorn, WI	SUPPORTS FAMILIES IN CRISIS	$35,000
OUTREACH COMMUNITY MINISTRIES Carol Stream, IL	SUPPORTS VULNERABLE WOMEN & CHILDREN	$20,000
INSPIRATION MINISTRIES Walworth, WI	SUPPORT FOR PEOPLE WITH DISABILITIES	$5,000
ABARA INC El Paso, TX	SUPPORTS REFUGEES AND FOREIGNERS	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Jacob Austin	Chair/Presid	2	—
Linda Austin	Director	0.5	—
Malinda Rynbrandt	Vice Chair	0.5	—
Katie Stankovitz	Director	0.5	—
Tim Dennison	Treasurer	0.5	—
Mia Rynbrandt	Secretary	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Austin Family Foundation Inc?

Austin Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Walworth, WI. It holds $1.0M in total assets as of 2024.

How large is Austin Family Foundation Inc?

As of 2024, Austin Family Foundation Inc holds $1.0M in total assets with $102K in annual revenue. It awarded 4 grants totaling $65K in 2024.

Where does Austin Family Foundation Inc operate?

Austin Family Foundation Inc has awarded grants in Iowa, Illinois, Michigan, Texas, Wisconsin.

What size grants does Austin Family Foundation Inc award?

In 2024, Austin Family Foundation Inc awarded 4 grants totaling $65K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Austin Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Austin Family Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.