Charles Wackerle Foundation Inc
Charles Wackerle Foundation Inc is a private foundation based in Sarasota, Florida. Its 2024 filing reports 10 grants totaling $50,204, all to recipients in Florida.
Charles Wackerle Foundation Inc at a glance
In short: Charles Wackerle Foundation Inc gave $50K across 10 grants in 2024 (avg $5K), mostly in Florida. 30% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,204
- +10.1% vs 2023
- Grants made (2024)
- 10
- +42.9% vs 2023
- Average grant
- $5,020
- -22.9% vs 2023
- Median grant
- $2,750
- Total assets
- $1,057,769
- +2.3% vs 2023
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2024; small sample)
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charles Wackerle Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 3900 Clark Road Building R, Sarasota, FL 34233
Phone: (941) 587-3056
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Charles Wackerle Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Global Serve Intl ($18K). Together the top 10 received $50K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 40 grants of 40 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Florida. Listed recipients were in communities including Sarasota, Bradenton, Venice, Parrish, and Fort Myers.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is Charles Wackerle Foundation Inc open to new grantees?
30%
first-time grantees, 2024
In 2024, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $1K; repeat grants $7K. How we count
Medians: $2K first-time, $4K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−6%). Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $46K (2023) to $56K (2022). In 2024 it made 10 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Global Serve Intl Bradenton, FL | Operating Expenses | $17,701 |
| Suncoast Community Church Sarasota, FL | Operating Expenses | $11,301 |
| Sarasota Prayer Breakfast Inc Venice, FL | Operating Expenses | $5,000 |
| Church of the Redeemer Sarasota, FL | Operating Expenses | $4,301 |
| Florida Center for Early Childhood Sarasota, FL | Operating Expenses | $3,500 |
| Hope for Communities Bradenton, FL | Operating Expenses | $2,000 |
| Episcopal Diocese of SW Florida Parrish, FL | Operating Expenses | $2,000 |
| SRQ Fellowship of Christian Athlete Venice, FL | Operating Expenses | $2,000 |
| BSA Southwestfl Council Fort Myers, FL | Operating Expenses | $1,500 |
| Sarasota Medical Pregnancy Center Sarasota, FL | Operating Expenses | $901 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,057,769 | $76,599 | $53,285 | $50,204 | 10 | $50,204 | $75,812 | $50,467 |
| 2023 | $1,034,455 | $35,945 | $51,122 | $45,600 | 7 | $45,600 | $35,945 | $46,683 |
| 2022 | $1,049,632 | $58,455 | $58,028 | $55,750 | 10 | $55,750 | $58,455 | $50,107 |
| 2021 | $1,049,205 | $107,127 | $55,989 | $53,224 | 7 | $53,224 | $107,127 | $53,247 |
| 2020 | $994,289 | $98,866 | $64,297 | $52,000 | 6 | — | $88,976 | $47,453 |
Under IRS private-foundation payout rules, Charles Wackerle Foundation Inc reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own mission is not stated. Its 2024 grants went to organizations including churches, community and faith-based organizations, a youth organization, and social-service providers. The Florida Center for Early Childhood, which received $3,500, says it supports the healthy development of young children, especially those with delays, disabilities, or mental health challenges, and aims to help build strong families. Sarasota Medical Pregnancy Center, which received $901, says it offers cost-free medical, behavioral, and social services and resources for parents from pregnancy through a baby’s first birthday.
Grantmaking
In 2024, the foundation gave 10 grants totaling $50,204. Grants ranged from $901 to $17,701, with a median of $2,750. The largest grants were $17,701 to Global Serve Intl and $11,301 to Suncoast Community Church, both for operating expenses. Other notable grants included $5,000 to Sarasota Prayer Breakfast Inc and $4,301 to Church of the Redeemer, also for operating expenses.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Peter Magnuson as president, Kraig Koach as secretary/treasurer, and Christopher Magnuson as director.
Charles Wackerle Foundation Inc is led by Peter Magnuson, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Magnuson
President
On filings since 2020
No compensation reported
Christopher Magnuson
Director
On filings since 2020
No compensation reported
Kraig Koach
Secretary
Secretary & Treasurer → Secretary, 2021
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Charles Wackerle Foundation Inc
How much does Charles Wackerle Foundation Inc give each year?
Charles Wackerle Foundation Inc gave $50K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $46K across 7 grants.
What is Charles Wackerle Foundation Inc's typical grant size?
Charles Wackerle Foundation Inc's median grant in 2024 was $2,750, and its average grant was $5,020, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Charles Wackerle Foundation Inc that year got $1K on average.
Where does Charles Wackerle Foundation Inc give grants?
Charles Wackerle Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sarasota, FL (4 grants), Bradenton, FL (2 grants) and Venice, FL (2 grants).
Does Charles Wackerle Foundation Inc give general operating support?
Yes: 100% of Charles Wackerle Foundation Inc's 2024 grants with a stated purpose (10 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Charles Wackerle Foundation Inc's largest grantees?
Charles Wackerle Foundation Inc's largest 2024 grantees include Global Serve Intl ($17,701), Suncoast Community Church ($11,301) and Sarasota Prayer Breakfast Inc ($5,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Charles Wackerle Foundation Inc?
Charles Wackerle Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $50K (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 does Charles Wackerle Foundation Inc fund?
The foundation’s own mission is not stated. Its 2024 grants went to organizations including churches, community and faith-based organizations, a youth organization, and social-service providers. See mission & focus areas ↑
How do I apply for a grant from Charles Wackerle Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charles Wackerle Foundation Inc's EIN?
Charles Wackerle Foundation Inc's EIN (Employer Identification Number) is 65-0807329. IRS Form 990 filing data is available on this page for 2020–2024.
Does Charles Wackerle Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Charles Wackerle Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/charles-wackerle-foundation-inc-morg_1410cae0416543319c4a47af523bf5eb
BibTeX
@misc{grantable_650807329_2026,
author = {{Grantable}},
title = {{Charles Wackerle Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charles-wackerle-foundation-inc-morg_1410cae0416543319c4a47af523bf5eb},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charles Wackerle Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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