The Duane and Kathleen Foulkes Foundation Inc. is a private foundation based in Beaver Dam, Wisconsin. The foundation was established by Duane and Kathleen Foulkes to support area nonprofits and advance causes important to the founders, including breast cancer research.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.4M
+7.3% YoY
Annual Giving
$555K
+13.8% YoY
Grant Count
61
+19.6% YoY
Avg Grant Size
$9K
-4.8% YoY
Under IRS private-foundation payout rules, Duane and Kathleen Foulkes reported a distributable amount of $547K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Breast cancer research
Grantmaking
In November 2024, the foundation awarded a $250,000 grant to the Beaver Dam Community Library toward the Library's Next Chapter renovation project. This grant was designated to improve building accessibility and create spaces for community members to meet, study, and access library resources.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Wisconsin, Minnesota, and Colorado.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $11,362,946
- Total Annual Giving: $554,604
- EIN: 20-5592397
- Most Recent Filing: 2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,362,946 | $10,586,946 | $9,397,219 |
| Revenue | $963,062 | $760,892 | $1,465,291 |
| Expenses | $655,162 | $569,263 | $572,064 |
| Qualifying Distributions | $558,134 | $490,191 | $491,048 |
| Net Investment Income | $880,020 | $687,089 | $462,507 |
| Distributable Amount | $547,120 | $492,258 | $478,575 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
247 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fond Du Lac Area Fdnbeaver Dam Area Community Fdn (non-cash Msft 115 Sh) ($52,029), Howard Young Foundation Inc ($49,500), St Stephen's Lutheran Church - Beaver Dam (non-cash Msft 110 Sh) ($46,757).
| Recipient | Purpose | Amount |
|---|---|---|
| ARC-WISCONSIN DISABILITY ASSOCIATION (ARC OF DODGE COUNTY) BEAVER DAM, WI | SOCIAL SERVICES SUPPORT | $500 |
| BEAVER DAM AREA COMMUNITY THEATRE INC BEAVER DAM, WI | ARTS SUPPORT | $4,000 |
| BEAVER DAM AREA COMMUNITY THEATRE INC BEAVER DAM, WI | ARTS SUPPORT | $1,188 |
| BEAVER DAM AREA COMMUNITY THEATRE INC BEAVER DAM, WI | ARTS SUPPORT | $20,000 |
| BEAVER DAM COMMUNITY HOSPITALS FOUNDATION INC BEAVER DAM, WI | HEALTHCARE SUPPORT | $1,000 |
| BEAVER DAM FLATTAIL INC BEAVER DAM, WI | YOUTH DEVELOPMENT - FOOTBALL | $500 |
| BEAVER DAM HOCKEY ASSOCIATION (BEAVER DAM FAMILY CENTER ICE ARENA) BEAVER DAM, WI | YOUTH DEVELOPMENT | $1,000 |
| BEAVER DAM LAKE IMPROVEMENT ASSOCIATION INC BEAVER DAM, WI | COMMUNITY SUPPORT | $1,000 |
| BEAVER DAM SCHOLARSHIP FDN INC (SCHOLARSHIP AMERICA) BEAVER DAM, WI | EDUCATIONAL SUPPORT | $1,529 |
| BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA (BEAVER DAM) BEAVER DAM, WI | CHRISTMAS BASKETS (FOOD) FOR THOSE IN NEED THROUGHOUT DODGE COUNTY | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Duane Foulkes - Founder
- Kathleen Foulkes - Co-founder (1947-2023)
Kathleen Marie Foulkes passed away on January 10, 2023. She was a co-founder and co-chair of the Pink Ribbon Classic, an annual golf outing fundraiser for breast cancer research.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUANE E FOULKES | PRESIDENT/DIRECTOR | 0.1 | — |
| KRISTINE M ECKLES | VP/DIRECTOR | 0.1 | — |
| KIM M HUSS | SECRETARY/DIRECTOR | 0.1 | — |
Recent News & Activity
Recent developments and announcements
In November 2024, the Duane and Kathleen Foulkes Foundation made a significant $250,000 contribution to the Beaver Dam Community Library's Next Chapter renovation initiative. The foundation's support was recognized as instrumental in helping the library achieve its fundraising goals for the project.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Duane and Kathleen Foulkes fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Breast cancer research
How do I apply for a grant from Duane and Kathleen Foulkes?
**Financial Capacity:** • Total assets: $11,362,946 • Total annual giving: $554,604 • Typical grant awards range from $40 to $101,864 **Recent Activity:** In November 2024, the foundation awarded a $250,000 grant to the Beaver Dam Community Library toward the Library's Next Chapter renovation project. This grant was designated to improve building accessibility and create spaces for community members to meet, study, and access library resources.
Where does Duane and Kathleen Foulkes make grants?
The foundation primarily funds organizations in Wisconsin, Minnesota, and Colorado.
What size grants does Duane and Kathleen Foulkes award?
In 2024, Duane and Kathleen Foulkes awarded 61 grants totaling $555K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Duane and Kathleen Foulkes required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Duane and Kathleen Foulkes reported a distributable amount of $547K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Duane and Kathleen Foulkes's EIN?
Duane and Kathleen Foulkes's EIN (Employer Identification Number) is 20-5592397. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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