Elmer Tepe Lone Wolf Foundation

Foundation · Grantmaker Lone Wolf, OK EIN: 20-1393547

Elmer Tepe Lone Wolf Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lone Wolf, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $913K in total assets. In 2024, it awarded 7 grants totaling $58K. Net investment income was $115K.

Key facts about Elmer Tepe Lone Wolf Foundation

In short: Elmer Tepe Lone Wolf Foundation gave $58K across 7 grants in 2024 (avg $8K), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.

EIN
20-1393547
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$57,500
Grants made (2024)
7
Average grant
$8,214
Median grant
$10,000
Total assets
$912,605
Primary geography
Oklahoma (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$913K

+9.9% YoY

Annual Giving

$58K

+42.0% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$8K

+42.0% YoY

Under IRS private-foundation payout rules, Elmer Tepe Lone Wolf Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

How Elmer Tepe Lone Wolf Foundation gives

  • Giving grew 35% from 2021 to 2024. Method
  • In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2024 grant dollars.

States

Cities

Lone WolfStillwaterOklahoma CityBethanyHobart

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants202010 grants202110 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Lone Wolf Senior Citizens: $20KLone Wolf Senior Citizens$20KOSU Foundation: $10KOSU Foundation$10KSt John Lutheran Church: $10KSt John Lutheran Church$10KLone Wolf Public School: $10KLone Wolf Public School$10KTown of Lone Wolf: $4KTown of Lone Wolf$4KLone Wolf Firemans Assoc: $3KLone Wolf Firemans Assoc$3KLone Wolf Cemetary: $1KLone Wolf Cemetary$1K

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lone Wolf Senior Citizens Lone Wolf, OKCharitable$20,000
OSU Foundation Stillwater, OKCharitable$10,000
St John Lutheran Church Lone Wolf, OKCharitable$10,000
Lone Wolf Public School Lone Wolf, OKCharitable$10,000
Town of Lone Wolf Lone Wolf, OKCharitable$3,500
Lone Wolf Firemans Assoc Lone Wolf, OKCharitable$3,000
Lone Wolf Cemetary Lone Wolf, OKCharitable$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets$912,605$830,458$772,513
Revenue$124,737$-16,950$23,071
Expenses$45,500$47,195$49,050
Qualifying Distributions$45,500$46,500$48,500
Net Investment Income$114,551$16,719$23,032
Distributable Amount$42,180$39,598$41,111

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Elmer Tepe Lone Wolf Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Dennis Boelte

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $0 (2024)

  • John Schaufele

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $0 (2024)

  • Jimmy Tepe

    Trustee

    On filings since 2021

    2 hrs/week

    $2K (2021) → $0 (2024)

Former officers (1)
  • Former: Jimmy Tepe Trustee (2020) — Trustee

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.

Compensation Overview

From 2021 IRS filing

Jimmy Tepe — Trustee: $2KJimmy TepeTrustee$2KDennis Boelte — Trustee: $2KDennis BoelteTrustee$2KJohn Schaufele — Trustee: $2KJohn SchaufeleTrustee$2K

Frequently asked questions about Elmer Tepe Lone Wolf Foundation

How much does Elmer Tepe Lone Wolf Foundation give each year?

Elmer Tepe Lone Wolf Foundation gave $58K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $41K across 7 grants.

What is Elmer Tepe Lone Wolf Foundation's typical grant size?

Elmer Tepe Lone Wolf Foundation's median grant in 2024 was $10,000, and its average grant was $8,214, across 7 grants on its 2024 IRS Form 990-PF.

Where does Elmer Tepe Lone Wolf Foundation give grants?

Elmer Tepe Lone Wolf Foundation gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lone Wolf, OK (6 grants).

Does Elmer Tepe Lone Wolf Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Elmer Tepe Lone Wolf Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).

Who are Elmer Tepe Lone Wolf Foundation's largest grantees?

Elmer Tepe Lone Wolf Foundation's largest 2024 grantees include Lone Wolf Senior Citizens ($20,000), OSU Foundation ($10,000) and St John Lutheran Church ($10,000), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.

How large is Elmer Tepe Lone Wolf Foundation?

Elmer Tepe Lone Wolf Foundation reported $913K in total assets on its 2024 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $42K (roughly 5% of its investment assets).

What is Elmer Tepe Lone Wolf Foundation?

Elmer Tepe Lone Wolf Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lone Wolf, OK. It holds $913K in total assets as of 2024.

What is Elmer Tepe Lone Wolf Foundation's EIN?

Elmer Tepe Lone Wolf Foundation's EIN (Employer Identification Number) is 20-1393547. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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