Socrates Foundation
Socrates Foundation is a private foundation, based in WHEATLAND, WY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $102K. Net investment income was $71K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-1.3% YoY
Annual Giving
$102K
+578.3% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$17K
+13.1% YoY
Under IRS private-foundation payout rules, Socrates Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Socrates Foundation
Based on IRS filings
Socrates Foundation is a private foundation, based in WHEATLAND, WY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $102K. Net investment income was $71K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,075,383 | $1,089,902 | $1,094,298 |
| Revenue | $100,974 | $58,731 | $107,155 |
| Expenses | $115,493 | $37,276 | $33,601 |
| Qualifying Distributions | $112,183 | $25,675 | $29,815 |
| Net Investment Income | $71,368 | $33,130 | $72,169 |
| Distributable Amount | $52,328 | $63,248 | $65,665 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include K9s 4 Mobility ($50,000), Helping Hands Ministries Inc ($17,000), Valley Village Childcare ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LEADERSHIP WYOMING CASPER, WY | TECHNICAL ASSISTANCE | $2,000 |
| CHEYENNE CHILDREN'S MUSEUM CHEYENNE, WY | CAPITAL | $5,000 |
| CATHEDRAL HOME FOR CHILDREN LARAMIE, WY | PROGRAM PROJECT SUPPORT | $12,750 |
| VALLEY VILLAGE CHILDCARE SARATOGA, WY | PROGRAM PROJECT SUPPORT | $15,000 |
| HELPING HANDS MINISTRIES INC DOUGLAS, WY | CAPITAL | $17,000 |
| K9S 4 MOBILITY CHEYENNE, WY | CAPITAL | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN WHITNEY | DIRECTOR | 5 | $2,000 |
| PAULA SKROTZKI | DIRECTOR | 5 | $2,000 |
| LYNNE WHITNEY | DIRECTOR | 5 | $2,000 |
| JANE BAKER | SECRETARY | 5 | $2,000 |
| RALPH R WHITNEY JR | DIRECTOR | 5 | $2,000 |
Frequently Asked Questions
How large is Socrates Foundation?
As of 2024, Socrates Foundation holds $1.1M in total assets with $101K in annual revenue. It awarded 6 grants totaling $102K in 2024.
Where does Socrates Foundation operate?
Socrates Foundation has awarded grants in Colorado, Nebraska, South Dakota, Wyoming.
What size grants does Socrates Foundation award?
In 2024, Socrates Foundation awarded 6 grants totaling $102K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Socrates Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Socrates Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Socrates Foundation's EIN?
Socrates Foundation's EIN (Employer Identification Number) is 22-2620092. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Socrates Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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