The Wally and Jo Strobel Foundation is a private foundation focused on Education, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 7 grants totaling $50K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About The Wally and Jo Strobel Foundation
Based on IRS filings
The Wally and Jo Strobel Foundation is a private foundation focused on Education, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 7 grants totaling $50K. Net investment income was $4K.
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 | $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 .
Leadership & 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 | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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