JOY Foundation Inc
JOY Foundation Inc is a private foundation, based in Menomonie, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grant totaling $52K.
JOY Foundation Inc at a glance
In short: JOY Foundation Inc gave $52K across 1 grant in 2024 (avg $52K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $52,449
- +0.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $52,449
- +0.6% vs 2023
- Median grant
- $52,449
- Total assets
- $1,329,932
- -28.5% vs 2023
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who JOY Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Wyldewood Baptist Church - Omega Ministry ($52K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How JOY Foundation Inc gives
- Giving fell 56% from 2021 to 2024. Method
- In 2024 it paid out 155% 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
From 2020 to 2024, annual grant giving ranged from $52K (2023) to $133K (2020). In 2024 it made 1 grant totaling $52K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wyldewood Baptist Church - Omega Ministry Oshkosh, WI | Missions Support | $52,449 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,329,932 | $-390,414 | $132,060 | $52,449 | 1 | $87,519 | — | $56,356 |
| 2023 | $1,859,833 | $60,207 | $149,976 | $52,126 | 1 | $90,013 | — | $77,698 |
| 2022 | $2,479,245 | $-239,271 | $180,033 | $83,000 | 1 | $118,097 | — | $95,981 |
| 2021 | $3,601,280 | $166,958 | $183,407 | $119,000 | 2 | $146,739 | $120,290 | $111,105 |
| 2020 | $2,401,364 | $-229,499 | $190,775 | $133,200 | 1 | — | — | $101,899 |
Under IRS private-foundation payout rules, JOY Foundation Inc reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
JOY Foundation Inc is led by Francis L. Rost, President since 2022 (on filings since 2020); 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Francis L. Rost
President
President & Treasurer → President, 2022
On filings since 2020
10 hrs/week
$10K (2020) → $3K (2024)
Christopher T. Rost
Vice Presidenttreas
Vice President → Vice Presidenttreas, 2022
On filings since 2020
10 hrs/week
$30K (2020) → $61K (2024)
Pastor Don Strange
Board Member
Director → Board Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Pastor Mitch Nelson
Officer
Director → Officer, 2022
On filings since 2020
1 hr/week
No compensation reported
Pastor Stephen Terpstra
Board Member
Director → Board Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Patricia S. Rost
Secretary
On filings since 2020
1 hr/week
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $61K, to Christopher T Rost (Vice PresidentTreas). 2 officers or directors reported compensation on that filing.
Frequently asked questions about JOY Foundation Inc
How much does JOY Foundation Inc give each year?
JOY Foundation Inc gave $52K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 1 grant.
How large is JOY Foundation Inc?
JOY Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).
Where does JOY Foundation Inc operate?
JOY Foundation Inc has awarded grants in North Carolina, Wisconsin.
What is JOY Foundation Inc's EIN?
JOY Foundation Inc's EIN (Employer Identification Number) is 39-2039495. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work JOY Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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