Harlene & Marvin Wool Foundation
The Harlene and Marvin Wool Foundation is an independent foundation established in 2013 by Marvin and Harlene Wool, prominent St. Louis philanthropists and business leaders. The foundation distributes funds to nonprofit organizations that enrich lives through health, education, social services, and the arts, with a particular commitment to supporting the economically disadvantaged and those in need within the St. Louis community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.9M
-2.6% YoY
Annual Giving
$1.6M
-1.1% YoY
Grant Count
60
+11.1% YoY
Avg Grant Size
$26K
-11.0% YoY
Mission & Focus Areas
Mission Statement: The Harlene and Marvin Wool Foundation distributes funds to non-profit organizations that enrich lives through health, education, social services and the arts. The Foundation supports St. Louis area organizations that empower and assist people to help themselves.
Primary Focus Areas:
Education: Cultivating learning opportunities to inspire lifelong learning, leaders, and problem solvers. The foundation believes all students have the ability to learn given proper support and educational tools. Focus includes equipping underserved individuals and families with services and skills needed to promote lifelong learning and achievement, with approaches that encompass emotional, social, and physical growth.
Health & Wellness: Improving health outcomes by expanding access to better healthcare and piloting new solutions to address gaps in care for the underserved St. Louis community. Emphasis includes basic needs such as food and shelter, prenatal care, education, mental health, child welfare, youth services, and access to primary healthcare. The foundation supports awareness, education, prevention, and treatment initiatives.
Family & Child Empowerment: Funding organizations that support family and child empowerment efforts throughout the St. Louis community. The foundation believes children will thrive and reach their full potential when supported through family-centered initiatives.
Community & Cultural Engagement: Supporting and encouraging the achievements of local cultural and community nonprofits while enriching the lives of residents and visitors through civic collaboration.
Grantmaking
Grants may be considered for:
Grant Range
$10,000 - $50,000
Average Grant
$29,028
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation has a preference for organizations focusing on the Greater St. Louis Area, though it supports programs throughout the United States.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: Over $30 million
- Annual Giving: Approximately $1.7 million (2022)
- EIN: 46-4519154
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,870,179 | $23,472,069 | $24,585,547 |
| Revenue | $1,022,052 | $442,927 | $1,081,926 |
| Expenses | $1,693,836 | $1,680,725 | $1,736,634 |
| Qualifying Distributions | $1,558,213 | $1,577,291 | $1,603,206 |
| Net Investment Income | $899,343 | $654,133 | $969,498 |
| Distributable Amount | $1,572,540 | $1,428,377 | $1,456,833 |
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
219 grants across all recorded years
Open Grants
1 open opportunity from Harlene & Marvin Wool Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founders:
Marvin Wool (1928-2014): Chemist and founder of Dash MultiCorp, a national holding company with 15 subsidiary corporations. He earned a bachelor of science degree from Saint Louis University in 1948 and an MBA in 1956. He founded M-R Plastics and Coatings in 1964 and Dash Multi-Corp in 1973, serving as president and CEO. He also served as chairman of Allegiant Bancorp.
Harlene Shucart Wool (died 2018): Active partner in M-R Plastics and Coatings alongside her husband.
Current Trustees:
- Sandy Wool
- Deni Wool
- Amye Wool Carrigan
The three adult children of Marvin and Harlene Wool serve as trustees and continue their parents' mission.
Administrative Contact:
- Kori Hemmann (listed as contact at Plancorp, LLC)
- Jacob Malina (also listed at Plancorp, LLC)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMYE CARRIGAN | TRUSTEE | 0.5 | — |
| DENISE WOOL | TRUSTEE | 0.5 | — |
| SANDON WOOL | TRUSTEE | 0.5 | — |
Recent Grant Recipients (2025)
Recent developments and announcements
**Education:**
Holocaust Museum & Learning Center
Care to Learn
Miriam Foundation
Little Bit Foundation
The Next Step
St. Louis University Athletics
**Health & Wellness:**
Mercy Hospital St. Louis
Healing Action
Friends of Kids with Cancer
Foundation for Sarcoidosis Research
Equine Assisted Therapy
Safe Connections
Ronald McDonald House Charities of STL
Ranken Jordan
NCJW (Wife, Widow)
SSM Cardinal Glennon Children's Hospital
Shriner's Hospital for Children - St. Louis
St. Luke's Hospital
St. Louis Children's Hospital
Contact Information
Mailing Address: The Harlene and Marvin Wool Foundation c/o Plancorp, LLC Kori Hemmann 540 Maryville Centre Drive, Suite 105 St. Louis, MO 63141
Phone: (636) 532-7824
Email: woolfoundation@plancorp.com
Website: https://thewoolfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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