The Funwale Foundation Inc
The Funwale Foundation Inc is a private foundation, based in Upper Marlboro, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $700 in total assets.
Key facts about The Funwale Foundation Inc
- EIN
- 87-2592558
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $700
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$700
-56.3% YoY
Revenue
$70K
-58.8% YoY
Expenses
$70K
-58.8% YoY
How The Funwale Foundation Inc gives
- Giving grew 21% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $1 (2022) to $169K (2024). In 2024 it made 1 grant totaling $169K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $700 | $1,600 | $1,800 |
| Revenue | $70,250 | $170,450 | $185,250 |
| Expenses | $69,550 | $168,850 | $183,450 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 15, 2023)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Funwale Foundation Inc is led by Akinwale Fasuru, President on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Akinwale Fasuru
President
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 The Funwale Foundation Inc
How large is The Funwale Foundation Inc?
The Funwale Foundation Inc reported $700 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $70K.
What is The Funwale Foundation Inc's EIN?
The Funwale Foundation Inc's EIN (Employer Identification Number) is 87-2592558. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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Explore Open Grants
Browse active grant opportunities in The Funwale Foundation Inc's focus areas in our free grants database
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