Discoverers Fund Inc
Discoverers Fund Inc is a private foundation focused on Health, based in Eau Claire, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 7 grants totaling $136K. Net investment income was $73K.
Discoverers Fund Inc at a glance
In short: Discoverers Fund Inc gave $136K across 7 grants in 2025 (avg $19K), top state Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $136,000
- +94.3% vs 2024
- Grants made (2025)
- 7
- +75.0% vs 2024
- Average grant
- $19,429
- +11.0% vs 2024
- Median grant
- $25,000
- Total assets
- $1,147,953
- -2.0% vs 2024
- Primary geography
- Wisconsin (37% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Discoverers Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was The Independence Fund Inc ($26K). Together the top 7 received $136K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Discoverers Fund Inc gives
- Giving grew 70% from 2022 to 2025. Method
- In 2025 it paid out 242% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $57K (2019) to $136K (2025). In 2025 it made 7 grants totaling $136K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Independence Fund Inc Charlotte, NC | General Support | $26,000 |
| Grace Baptist Church Chippewa Falls, WI | General Support | $25,000 |
| Stephen Siller Tunnel to Towers Foundation Staten Island, NY | General Support | $25,000 |
| Wounded Warrior Project Inc Topeka, KS | General Support | $25,000 |
| Hope Gospel Mission Eau Claire, WI | General Support | $20,000 |
| International Fellowship of Christians and Jews Chicago, IL | General Support | $10,000 |
| Chetek Baptist Assembly (DBA Camp Chetek) Chetek, WI | General Support | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,147,953 | $86,838 | $151,800 | $136,000 | 7 | $137,640 | $72,678 | $56,923 |
| 2024 | $1,171,564 | $66,667 | $84,882 | $70,000 | 4 | $71,775 | $53,826 | $1,335 |
| 2023 | $1,021,154 | $17,505 | $81,241 | $65,000 | 4 | $66,750 | $18,566 | $52,161 |
| 2022 | $965,203 | $50,596 | $94,821 | $80,000 | 5 | $81,482 | $37,257 | $56,834 |
| 2021 | $1,193,867 | $120,394 | $90,082 | $75,000 | 5 | — | $99,592 | $58,850 |
| 2020 | $1,180,336 | $16,599 | $88,976 | $74,500 | 8 | — | $10,507 | $58,231 |
| 2019 | $1,165,590 | $10,251 | $70,905 | $56,500 | 7 | — | $15,443 | $58,856 |
Under IRS private-foundation payout rules, Discoverers Fund Inc reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Discoverers Fund Inc is led by Scott Firari, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Scott Firari
President & Director
On filings since 2019
0.5 hrs/week
No compensation reported
Charles Firari
Secretary & Director
On filings since 2019
0.5 hrs/week
No compensation reported
David Bergstedt
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Discoverers Fund Inc
How much does Discoverers Fund Inc give each year?
Discoverers Fund Inc gave $136K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $70K across 4 grants.
What is Discoverers Fund Inc's typical grant size?
Discoverers Fund Inc's median grant in 2025 was $25,000, and its average grant was $19,429, across 7 grants on its 2025 IRS Form 990-PF.
Where does Discoverers Fund Inc give grants?
Discoverers Fund Inc's top state is Wisconsin, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were North Carolina (19%) and New York (18%).
Does Discoverers Fund Inc give general operating support?
Yes: 100% of Discoverers Fund Inc's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Discoverers Fund Inc's largest grantees?
Discoverers Fund Inc's largest 2025 grantees include The Independence Fund Inc ($26,000), Grace Baptist Church ($25,000) and Stephen Siller Tunnel to Towers Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.
How large is Discoverers Fund Inc?
Discoverers Fund Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $138K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What is Discoverers Fund Inc?
Discoverers Fund Inc is a private foundation focused on Health, based in Eau Claire, WI. It holds $1.1M in total assets as of 2025.
What is Discoverers Fund Inc's EIN?
Discoverers Fund Inc's EIN (Employer Identification Number) is 39-6048588. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 31, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 13, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Discoverers Fund Inc funds
Health Open opportunities, soonest deadline first.
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Browse active grant opportunities in Discoverers Fund Inc's focus areas in our free grants database
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