Joseph and Sharon Darcey Foundation Inc

Private foundation · Grantmaker Watertown, WI EIN: 39-1715481

The Joseph and Sharon Darcey Foundation is a private foundation based in Watertown, Wisconsin. Its 2024 filing reports grants to charitable organizations, including support for programs and scholarships, with most grant dollars going to Wisconsin recipients.

Key facts about Joseph and Sharon Darcey Foundation Inc

In short: Joseph and Sharon Darcey Foundation Inc gave $325K across 20 grants in 2024 (avg $16K), mostly in Wisconsin. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
39-1715481
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$324,500
Grants made (2024)
20
Average grant
$16,225
Median grant
$5,000
New grantees (estimate)
16% first-time grantees (3 of 19, 2024)
Total assets
$5,914,506
Primary geography
Wisconsin (92% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.9M

+3.1% YoY

Annual Giving

$325K

-1.5% YoY

Grant Count

20

-16.7% YoY

Avg Grant Size

$16K

+18.2% YoY

Under IRS private-foundation payout rules, Joseph and Sharon Darcey Foundation Inc reported a distributable amount of $341K for 2024 — the minimum it must pay out in qualifying distributions.

Is Joseph and Sharon Darcey Foundation Inc open to new grantees?

16%

first-time grantees, 2024

In 2024, 3 of 19 grantees (16%) were first-time recipients. First grants averaged $7K; repeat grants $19K. How we count

Medians: $10K first-time, $5K repeat.

  • 84% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+15%). Method
  • In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. Its reported 2024 grants show support for programs, scholarships, and a fundraiser. Among its grantees, Cornerstone of Grace says its mission is to provide a safe residential environment and resources for women and their children. Watertown Humane Society says it provides for lost, homeless, neglected, and abused animals and educates the public about animal welfare. Watertown Historical Society says it operates a museum in an 1854 octagon house.

Grantmaking

In 2024, the foundation awarded 20 grants totaling $324,500. Grant amounts ranged from $1,500 to $100,000, with a median of $5,000. Its largest reported grants included $100,000 to YMCA of Watertown for program support, $64,000 to Watertown Community Foundation for scholarships, and $40,000 to St Jude Academy for program support. Other notable awards were $20,000 each to Haus of Peace and Cornerstone of Grace for program support.

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Geographic Focus

Where this funder awards grants

In 2024, 92% of grant dollars went to recipients in Wisconsin, 5% to Iowa, and 3% to Texas. Watertown, Wisconsin, organizations received several of the largest grants.

Grant Distribution by State

4states

Share of 2024 grant dollars across all 20 itemized grants.

Cities

WatertownCedar RapidsMadisonMilwaukeeChicagoJeffersonTemple

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K20 grants2020 17 grants2021 13 grants2022 24 grants2023 20 grants2024

From 2020 to 2024, annual grant giving ranged from $126K (2020) to $329K (2023). In 2024 it made 20 grants totaling $325K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YMCA of Watertown: $100KYMCA of Watertown$100KWatertown Community Foundation: $68K across 2 grantsWatertown Community Foundation$68K · 2 grantsSt Jude Academy: $40KSt Jude Academy$40KHaus of Peace: $20KHaus of Peace$20KCornerstone of Grace: $20KCornerstone of Grace$20KMount Mercy University: $10KMount Mercy University$10KMcLane Company Folds of Honor: $10KMcLane Company Folds of Honor$10KWatertown Humane Society: $10KWatertown Humane Society$10KFeeding America: $5KFeeding America$5KUw Madison Foundation: $5KUw Madison Foundation$5K

The largest 2024 recipient was YMCA of Watertown ($100K). Together the top 10 received $288K.

Organizations only. It also paid 1 grant to individuals ($10,000), which are not listed by name.

Grant Size Distribution

94 grants across all recorded years

87<$50K4$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 87 grants of 94 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
YMCA of Watertown Watertown, WIProgram Support$100,000
Watertown Community Foundation Watertown, WIScholarships$64,000
St Jude Academy Watertown, WIProgram Support$40,000
Haus of Peace Watertown, WIProgram Support$20,000
Cornerstone of Grace Watertown, WIProgram Support$20,000
Mount Mercy University Cedar Rapids, IAProgram Support$10,000
McLane Company Folds of Honor Temple, TXProgram Support$10,000
Watertown Humane Society Watertown, WIProgram Support$10,000
1 grant to individuals Recipients not named —$10,000
Feeding America Milwaukee, WIProgram Support$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Grant count
2024 $324,500 20
2023 $329,379 24
2022 $261,500 13
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,914,506$5,736,367$5,984,013
Revenue$574,905$163,859$373,204
Expenses$396,766$397,246$310,258
Qualifying Distributions$324,500$329,379$261,500
Net Investment Income$510,691$109,461$102,485
Distributable Amount$340,881$309,953$303,293

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Sharon Darcey, Jon Holthaus, Daniel P Shea, Charles Corbett, Lloyd Holterman, Tim Schuler, Michael Kraemer, and Kevin Kuckkan as directors.

Joseph and Sharon Darcey Foundation Inc's 2024 filing lists 8 officers; none of the 8 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles Corbett

    Director

    On filings since 2020

    No compensation reported

  • Daniel P. Shea

    Director

    On filings since 2020

    No compensation reported

  • Jon Holthaus

    Director

    On filings since 2020

    No compensation reported

  • Lloyd Holterman

    Director

    On filings since 2020

    No compensation reported

  • Sharon Darcey

    Director

    On filings since 2020

    No compensation reported

  • Tim Schuler

    Director

    On filings since 2020

    No compensation reported

  • Michael Kraemer

    Director

    On filings since 2023

    No compensation reported

  • Kevin Kuckkan

    Director

    New on the 2024 filing

    No compensation reported

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.

Contact

Mailing address: W3298 East Gate Drive, Watertown, WI 53094
Phone: (330) 321-1474

Frequently asked questions about Joseph and Sharon Darcey Foundation Inc

How much does Joseph and Sharon Darcey Foundation Inc give each year?

Joseph and Sharon Darcey Foundation Inc gave $325K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $329K across 24 grants.

What is Joseph and Sharon Darcey Foundation Inc's typical grant size?

Joseph and Sharon Darcey Foundation Inc's median grant in 2024 was $5,000, and its average grant was $16,225, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Joseph and Sharon Darcey Foundation Inc that year got $7K on average.

Where does Joseph and Sharon Darcey Foundation Inc give grants?

Joseph and Sharon Darcey Foundation Inc gives mostly in Wisconsin: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Watertown, WI (13 grants), Cedar Rapids, IA (2 grants) and Milwaukee, WI (2 grants).

Does Joseph and Sharon Darcey Foundation Inc give general operating support?

Not in 2024: none of the 20 grants with a stated purpose on Joseph and Sharon Darcey Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (17 grants).

Who are Joseph and Sharon Darcey Foundation Inc's largest grantees?

Joseph and Sharon Darcey Foundation Inc's largest 2024 grantees include YMCA of Watertown ($100,000), Watertown Community Foundation ($68,000 across 2 grants) and St Jude Academy ($40,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($10,000), which are not listed by name. Together they received 64% of its itemized 2024 grant dollars.

How large is Joseph and Sharon Darcey Foundation Inc?

Joseph and Sharon Darcey Foundation Inc reported $5.9M in total assets on its 2024 IRS Form 990-PF. It paid out $325K in qualifying distributions that year, against a required minimum of $341K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Joseph and Sharon Darcey Foundation Inc fund?

No foundation mission statement is provided. Its reported 2024 grants show support for programs, scholarships, and a fundraiser. Among its grantees, Cornerstone of Grace says its mission is to provide a safe residential environment and resources for women and their children. See mission & focus areas ↑

How do I apply for a grant from Joseph and Sharon Darcey Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Joseph and Sharon Darcey Foundation Inc's EIN?

Joseph and Sharon Darcey Foundation Inc's EIN (Employer Identification Number) is 39-1715481. IRS Form 990 filing data is available on this page for 2020–2024.

Does Joseph and Sharon Darcey Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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