Cegway Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAPTIVA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 1 grants totaling $261K. Net investment income was $241K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
-0.4% YoY
Annual Giving
$261K
Grant Count
1
Avg Grant Size
$261K
Under IRS private-foundation payout rules, Cegway Foundation Inc reported a distributable amount of $351K for 2024 — the minimum it must pay out in qualifying distributions.
About Cegway Foundation Inc
Based on IRS filings
Cegway Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAPTIVA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 1 grants totaling $261K. Net investment income was $241K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,172,248 | $5,192,557 | $4,726,182 |
| Revenue | $261,704 | $480,981 | $132,840 |
| Expenses | $282,013 | $14,608 | $251,184 |
| Qualifying Distributions | $261,045 | — | $233,236 |
| Net Investment Income | $240,736 | $161,381 | $116,512 |
| Distributable Amount | $351,264 | $266,494 | $256,975 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Teresa High School ($261,045).
| Recipient | Purpose | Amount |
|---|---|---|
| ST TERESA HIGH SCHOOL DECATUR, IL | TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $261,045 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT O WIESEMANN II | PRESIDENT | — | — |
| KATHY WIESEMANN | SECRETARY | — | — |
| CAROLYN HYDE | DIRECTOR | — | — |
| ELLEN HAYON | DIRECTOR | — | — |
| GRETCHEN OLWIG | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cegway Foundation Inc?
Cegway Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAPTIVA, FL. It holds $5.2M in total assets as of 2024.
How large is Cegway Foundation Inc?
As of 2024, Cegway Foundation Inc holds $5.2M in total assets with $262K in annual revenue. It awarded 1 grants totaling $261K in 2024.
Where does Cegway Foundation Inc operate?
Cegway Foundation Inc has awarded grants in Illinois.
What size grants does Cegway Foundation Inc award?
In 2024, Cegway Foundation Inc awarded 1 grants totaling $261K — an average of about $261K per grant, based on its IRS Form 990 filings.
How much is Cegway Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cegway Foundation Inc reported a distributable amount of $351K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cegway Foundation Inc's EIN?
Cegway Foundation Inc's EIN (Employer Identification Number) is 82-5092591. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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