Sandy Oaks Foundation Douglas W Caves

Private foundation · Grantmaker Middleton, WI EIN: 39-2043437

Sandy Oaks Foundation Douglas W Caves is a private foundation, based in Middleton, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 5 grants totaling $2K. Net investment income was $516K.

Key facts about Sandy Oaks Foundation Douglas W Caves

In short: Sandy Oaks Foundation Douglas W Caves gave $2K across 5 grants in 2024 (avg $356.6), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.

EIN
39-2043437
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,783
Grants made (2024)
5
Average grant
$357
Median grant
$258
Total assets
$3,425,695
Primary geography
Wisconsin (65% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-4.3% YoY

Annual Giving

$2K

-95.3% YoY

Grant Count

5

-58.3% YoY

Avg Grant Size

$356.6

-88.6% YoY

Under IRS private-foundation payout rules, Sandy Oaks Foundation Douglas W Caves reported a distributable amount of $280K for 2024 — the minimum it must pay out in qualifying distributions.

How Sandy Oaks Foundation Douglas W Caves gives

  • Giving fell 94% from 2021 to 2024. Method
  • In 2024 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

BostonChicagoDodgevilleGainesvilleGardinerGrand CanyonIthacaLittle RockMadisonMiddletonMilwaukeeMinneapolisNew YorkOrlandoPortlandRexvilleRichmondSan DiegoSewaneeStillwater

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K16 grants2019 8 grants2020 11 grants2021 10 grants2022 12 grants2023 5 grants2024

From 2019 to 2024, annual grant giving ranged from $2K (2024) to $402K (2022). In 2024 it made 5 grants totaling $2K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

46 grants across all recorded years

42<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 46 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
5 grants to individuals Recipients not named —$1,783

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,425,695$3,581,235$3,153,950
Revenue$523,830$475,069$133,528
Expenses$10,686$43,039$411,751
Qualifying Distributions$1,783$37,590$402,425
Net Investment Income$516,227$470,820$125,322
Distributable Amount$280,365$239,817$253,327

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 7, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 7, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 3, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Sandy Oaks Foundation Douglas W Caves is led by Douglas W. Caves, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Douglas W. Caves

    President

    On filings since 2019

    No compensation reported

  • Kevin Caves

    Director

    On filings since 2019

    No compensation reported

  • Sherry Caves

    Vice President

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Sandy Oaks Foundation Douglas W Caves

How much does Sandy Oaks Foundation Douglas W Caves give each year?

Sandy Oaks Foundation Douglas W Caves gave $2K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $38K across 12 grants.

What is Sandy Oaks Foundation Douglas W Caves's typical grant size?

Sandy Oaks Foundation Douglas W Caves's median grant in 2024 was $258, and its average grant was $357, across 5 grants on its 2024 IRS Form 990-PF.

Where does Sandy Oaks Foundation Douglas W Caves give grants?

Sandy Oaks Foundation Douglas W Caves gives mostly in Wisconsin: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (35%).

Does Sandy Oaks Foundation Douglas W Caves give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Sandy Oaks Foundation Douglas W Caves's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (5 grants).

How large is Sandy Oaks Foundation Douglas W Caves?

Sandy Oaks Foundation Douglas W Caves reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $280K (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 is Sandy Oaks Foundation Douglas W Caves's EIN?

Sandy Oaks Foundation Douglas W Caves's EIN (Employer Identification Number) is 39-2043437. IRS Form 990 filing data is available on this page for 2019–2024.

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

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