The Wally and Jo Strobel Foundation
ANN ARBOR, MI EIN: 20-1570905
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$340K
-7.8% YoY
Annual Giving
$50K
+203.0% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$7K
+29.9% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $340,103 | $368,747 | $393,406 |
| Revenue | $31,144 | $-4,417 | $8,602 |
| Expenses | $59,788 | $20,242 | $17,153 |
| Qualifying Distributions | $50,000 | $20,242 | $17,075 |
| Net Investment Income | $3,927 | $7,218 | $11,205 |
| Distributable Amount | $19,762 | $19,474 | $20,165 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Wally and Jo Strobel Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRI DRENTH | MANAGER | — | — |
| SUSAN WATERS | PRESIDENT | — | — |
| JOHN STROBEL | TRUSTEE | — | — |
| SARAH KING | TRUSTEE | — | — |
| KATHRYN ROMLEY | TRUSTEE | — | — |
| ALEXANDRA LA FLAMME | TRUSTEE | — | — |
| ROBERT WATERS | TRUSTEE | — | — |
| HARRISON STROBEL | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $34K (29%)
Colorado $22K (18%)
New York $16K (14%)
Virginia $14K (12%)
Michigan $14K (12%)
Florida $7K (5%)
California $6K (5%)
Tennessee $4K (3%)
+3 more states
States
Cities
Ann ArborArlingtonBoulderBradentonFlushingLouisvilleMaryvilleNew YorkOaklandPasadenaPigeon ForgeProvidenceRogersSalineSan FranciscoSeattleTampaWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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