The F1 Key Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEANSIDE, CA. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$378K
+3.1% YoY
Annual Giving
$25K
-30.6% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$2K
-24.2% YoY
Under IRS private-foundation payout rules, The F1 Key Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About The F1 Key Foundation
Based on IRS filings
The F1 Key Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEANSIDE, CA. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $378,082 | $366,557 | $383,276 |
| Revenue | $40,024 | $22,815 | $42,430 |
| Expenses | $27,254 | $38,056 | $33,880 |
| Qualifying Distributions | $25,000 | $36,000 | $33,880 |
| Net Investment Income | $39,937 | $22,774 | $17,281 |
| Distributable Amount | $29,353 | $26,945 | $26,726 |
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
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Advocates for the West ($5,000), Southern Utah Wilderness Alliance ($5,000), Western Watersheds Project ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Advocates for the West Boise, ID | Program Support | $5,000 |
| Anza-Borrego Foundation Borrego Springs, CA | Program Support | $3,000 |
| Camp Pendleton Armed Forces YMCA Camp Pendleton, CA | Program Support | $1,000 |
| Heifer International Little Rock, AR | Program Support | $1,000 |
| Southern Utah Wilderness Alliance Salt Lake City, UT | Program Support | $5,000 |
| Western Museum of Flight Torrance, CA | Program Support | $500 |
| Western Watersheds Project Hailey, ID | Program Support | $5,000 |
| Yosemite Conservancy San Francisco, CA | Program Support | $500 |
| Polar Bear International Bogman, MT | Program Support | $2,000 |
| Semper Fi America's Fund Camp Pendleton, CA | Program Support | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JoAnna Wendel | Pres/Director | — | — |
| Dale R Wendel | Sec/Treas/Dir | — | — |
| Donna M Wendel | Director | — | — |
| Christopher D Wendel | Vice President | — | — |
| Beth Wendel Ferguson | Director | — | — |
| Randall H Ferguson IV | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The F1 Key Foundation?
The F1 Key Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEANSIDE, CA. It holds $378K in total assets as of 2024.
How large is The F1 Key Foundation?
As of 2024, The F1 Key Foundation holds $378K in total assets with $40K in annual revenue. It awarded 11 grants totaling $25K in 2024.
Where does The F1 Key Foundation operate?
The F1 Key Foundation has awarded grants in Arkansas, California, Colorado, District of Columbia, Georgia, Iowa, Idaho, Montana, New Mexico, New York, Utah, Virginia.
What size grants does The F1 Key Foundation award?
In 2024, The F1 Key Foundation awarded 11 grants totaling $25K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The F1 Key Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The F1 Key Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The F1 Key Foundation's EIN?
The F1 Key Foundation's EIN (Employer Identification Number) is 33-0804187. IRS Form 990 filing data is available on this page for 2018–2024.
Explore Open Grants
Browse active grant opportunities in The F1 Key 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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