Hendricks Family Foundation Inc
Hendricks Family Foundation Inc is a private independent foundation established in 2004 and based in Beloit, Wisconsin. The foundation is designated as a 501(c)(3) organization and operates as a grantmaking foundation focused on strengthening its hometown community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$73.7M
+23.3% YoY
Annual Giving
$4.2M
+13.7% YoY
Grant Count
35
+9.4% YoY
Avg Grant Size
$120K
+4.0% YoY
Mission & Focus Areas
The foundation's mission is to "invest in local solutions that shape, strengthen and sustain a thriving community." The foundation operates with the motto "Cultivating Opportunity. Building Community. Honoring Country."
Primary funding priorities include:
- Education
- Career Pathways and Workforce Development
- Veterans
- Public Safety
- Strong and Vibrant Communities
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
The foundation offers three primary grant programs:
Grant Range
Under $30,000 (typical) to $1+ million (major initiatives)
How to Apply
- Decision timeline: 8-12 weeks for Capital and Operating Grants; 8 weeks for Impact Grants
Ready to take the next step with Hendricks Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation's geographic focus is exclusively Beloit, Wisconsin and the surrounding area. The foundation supports non-profit organizations working to shape, strengthen and sustain Beloit as their hometown.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $59.8 million
- Total Revenue: $11.6 million
- Total Expenses: $4.02 million
- Total Liabilities: $3.21 million
Annual Giving:
- Annual giving ranges from $3.7 to $4.2 million
- Most recent total giving: $4.2 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $73,723,506 | $59,771,625 | $46,055,616 |
| Revenue | $13,735,515 | $11,596,175 | $5,870,111 |
| Expenses | $6,061,524 | $4,015,948 | $2,483,903 |
| Qualifying Distributions | $4,482,492 | $3,942,060 | $2,571,578 |
| Net Investment Income | $2,349,769 | $1,214,852 | $1,078,168 |
| Distributable Amount | $3,170,287 | $2,489,538 | $2,247,999 |
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
124 grants across all recorded years
Open Grants
3 open opportunities from Hendricks Family Foundation Inc
Hendricks Family Foundation - Capital Grant
HENDRICKS FAMILY FOUNDATION INC
Amount
More than US $100,000
Deadline
Rolling / Open
Hendricks Family Foundation - Impact Grant
HENDRICKS FAMILY FOUNDATION INC
Amount
Up to US $100,000
Deadline
Rolling / Open
Hendricks Family Foundation - Operating Grant
HENDRICKS FAMILY FOUNDATION INC
Amount
More than US $100,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Gary G Grabowski is listed as associated with the foundation in Beloit, Wisconsin.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANE HENDRICKS | PRESIDENT | 3 | — |
| KARA STECKER | DIRECTOR | 0.25 | — |
| BRENT FOX | DIRECTOR | 0.25 | — |
| KEVIN HENDRICKS | DIRECTOR | 0.25 | — |
| KONYA SCHUH | SECRETARY/TREASURER | 0.25 | — |
| KENDRA STORY | VICE PRESIDENT | 0.25 | — |
| KATHY HENDRICKS | DIRECTOR | 0.25 | — |
| KIMBERLEE HENDRICKS | DIRECTOR | 0.25 | — |
| LISA FURSETH | EXECUTIVE DIRECTOR | 39 | $302,119 |
Contact Information
Address: 690 Third Street, Suite 300 Beloit, WI 53511
Phone: 608-473-0238
Email: contactHFF@hendricksholding.com
Website: hendricksfamilyfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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