Frank C Wagenknecht

Private foundation · Grantmaker Lasalle, IL EIN: 93-6122496

Frank C Wagenknecht is a private foundation based in LaSalle, Illinois. Its filings report grants described as school grants, and state that awards are based on grades at L-P High School.

Frank C Wagenknecht at a glance

In short: Frank C Wagenknecht gave $73K across 28 grants in 2026 (avg $3K), mostly in Illinois. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$72,500
+0.0% vs 2025
Grants made (2026)
28
-3.4% vs 2025
Average grant
$2,589
+3.6% vs 2025
Median grant
$2,500
Total assets
$1,310,644
-0.8% vs 2025
Primary geography
Illinois (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

How to apply to Frank C Wagenknecht

How to Apply

The filing states that no applications are submitted and that awards are based on grades only. It lists recipients as the contact and restricts awards to the top two or more GPA students at L-P High School.

Contact

Application contact: The Recipients
Mailing address: 260 Bucklin St, La Salle, IL 61301
Phone: (815) 223-7300

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Frank C Wagenknecht funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Sophia Woods: $5KSophia Woods$5KMatthew Beard: $3KMatthew Beard$3KElia Becker: $3KElia Becker$3KAddison Ernat: $3KAddison Ernat$3KIsabella Lambert: $3KIsabella Lambert$3KShea Rathburn: $3KShea Rathburn$3KSebastian Serratos: $3KSebastian Serratos$3KCaden Valenzuela: $3KCaden Valenzuela$3KAutumn Bunzell: $3KAutumn Bunzell$3KKaden Dellinger: $3KKaden Dellinger$3K

The largest 2026 recipient was Sophia Woods ($5K). Together the top 10 received $28K.

Grant Size Distribution

143 grants across all recorded years

143<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 143 grants of 143 (100%).

Geographic Focus

Where this funder awards grants

All reported grant dollars in filing year 2026 went to recipients in Illinois.

Grant Distribution by State

1state

Share of 2026 grant dollars across all 28 itemized grants.

States

Cities

OglesbyPeruUticaTonicaLa Salle

How Frank C Wagenknecht gives

  • Giving held roughly steady from 2023 to 2026 (−6%). Method
  • In 2026 it paid out 119% 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

$0$25K$50K$75K$100K31 grants2021 27 grants2022 30 grants2023 29 grants2024 29 grants2025 28 grants2026

From 2021 to 2026, annual grant giving ranged from $68K (2022) to $83K (2021). In 2026 it made 28 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sophia Woods Oglesby, ILSchool Grant$5,000
Matthew Beard Utica, ILSchool Grant$2,500
Elia Becker Peru, ILSchool Grant$2,500
Addison Ernat Peru, ILSchool Grant$2,500
Isabella Lambert Tonica, ILSchool Grant$2,500
Shea Rathburn Peru, ILSchool Grant$2,500
Sebastian Serratos Oglesby, ILSchool Grant$2,500
Caden Valenzuela Utica, ILSchool Grant$2,500
Autumn Bunzell Utica, ILSchool Grant$2,500
Kaden Dellinger Peru, ILSchool Grant$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$1,310,644$80,955$91,207$72,50028$84,420$74,255$71,089
2025$1,320,893$126,770$87,222$72,50029$80,670$120,305$74,677
2024$1,281,345$51,087$92,733$75,00029$83,717$44,819$63,491
2023$1,322,991$149,542$94,064$77,20030$85,951$143,190$63,027
2022$1,267,513$101,736$85,012$67,80027$77,096$94,839$75,685
2021$1,250,789$99,514$100,345$82,50031—$92,663$74,992

Under IRS private-foundation payout rules, Frank C Wagenknecht reported a distributable amount of $71K for 2026 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

No mission statement is provided. The 2025 filing states that awards are restricted to the top two or more GPA students at L-P High School.

Grantmaking

In filing year 2026, the foundation reported 28 grants totaling $72,500. Grants ranged from $2,500 to $5,000, with a median of $2,500. The largest reported grant was $5,000; the other listed grants were $2,500 each. The recipients were individuals, and the grants were described as “School Grant.”

Leadership & Key People

Leadership team and compensation from IRS filings

Hometown National Bank is listed as trustee on the 2026 filing.

Frank C Wagenknecht's only listed officer is Hometown National Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2026 filing

  • Hometown National Bank

    Trustee

    On filings since 2021

    $13K (2024) → $13K (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Hometown National Bank — Trustee: $13KHometown National BankTrustee$13K

The highest reported compensation on the 2026 filing was $13K, to Hometown National Bank (Trustee).

Frequently asked questions about Frank C Wagenknecht

How much does Frank C Wagenknecht give each year?

Frank C Wagenknecht gave $73K across 28 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $73K across 29 grants.

What is Frank C Wagenknecht's typical grant size?

Frank C Wagenknecht's median grant in 2026 was $2,500, and its average grant was $2,589, across 28 grants on its 2026 IRS Form 990-PF.

Where does Frank C Wagenknecht give grants?

Frank C Wagenknecht gives mostly in Illinois: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Oglesby, IL (11 grants), Peru, IL (11 grants) and Utica, IL (5 grants).

Does Frank C Wagenknecht give general operating support?

Not in 2026: none of the 28 grants with a stated purpose on Frank C Wagenknecht's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "School Grant" (28 grants).

Who are Frank C Wagenknecht's largest grantees?

Frank C Wagenknecht's largest 2026 grantees include Sophia Woods ($5,000), Matthew Beard ($2,500) and Elia Becker ($2,500), according to its 2026 IRS Form 990-PF. Together they received 14% of its itemized 2026 grant dollars.

How large is Frank C Wagenknecht?

Frank C Wagenknecht reported $1.3M in total assets on its 2026 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets).

What does Frank C Wagenknecht fund?

No mission statement is provided. The 2025 filing states that awards are restricted to the top two or more GPA students at L-P High School. See mission & focus areas ↑

How do I apply for a grant from Frank C Wagenknecht?

The filing states that no applications are submitted and that awards are based on grades only. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Frank C Wagenknecht's EIN?

Frank C Wagenknecht's EIN (Employer Identification Number) is 93-6122496. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 7, 2026)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Frank C Wagenknecht'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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