The Way Charitable Foundation
The Way Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $169K in total assets. In 2024, it awarded 6 grants totaling $90K. Net investment income was $111K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$169K
+2.7% YoY
Annual Giving
$90K
-16.5% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$15K
-16.5% YoY
Under IRS private-foundation payout rules, The Way Charitable Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About The Way Charitable Foundation
Based on IRS filings
The Way Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $169K in total assets. In 2024, it awarded 6 grants totaling $90K. Net investment income was $111K.
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 | $168,972 | $164,524 | $181,255 |
| Revenue | $100,858 | $96,640 | $14,993 |
| Expenses | $96,410 | $113,371 | $5,211 |
| Qualifying Distributions | $95,214 | $112,863 | $5,025 |
| Net Investment Income | $110,941 | $107,632 | $14,993 |
| Distributable Amount | $56,837 | $54,860 | $55,770 |
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
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mce Social Capital ($20,000), Whitman College Board of Trustees ($20,000), Phoenix Art Museum ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARIZONA CITIZENS FOR THE ARTS PHOENIX, AZ | General & Unrestricted | $5,000 |
| MCE SOCIAL CAPITAL SAN FRANCISCO, CA | General & Unrestricted | $20,000 |
| PHOENIX ART MUSEUM PHOENIX, AZ | In support of the Film Festival | $15,000 |
| SOUTHWEST SHAKESPEARE COMPANY INC MESA, AZ | General & Unrestricted | $15,000 |
| THE NATURE CONVSERVANCY PHOENIX, AZ | General & Unrestricted | $15,000 |
| WHITMAN COLLEGE BOARD OF TRUSTEES WALLA WALLA, WA | In support of Harvey Hall | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Alexander Way | VP | 1 | — |
| Mary Alexander Coleman Way | VP, Dir | 1 | — |
| John Griffith Way | VP | 2 | — |
| Patricia Shields Way | VP | 1 | — |
| William G Way | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Way Charitable Foundation?
The Way Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $169K in total assets as of 2024.
How large is The Way Charitable Foundation?
As of 2024, The Way Charitable Foundation holds $169K in total assets with $101K in annual revenue. It awarded 6 grants totaling $90K in 2024.
Where does The Way Charitable Foundation operate?
The Way Charitable Foundation has awarded grants in Arizona, California, Washington.
What size grants does The Way Charitable Foundation award?
In 2024, The Way Charitable Foundation awarded 6 grants totaling $90K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Way Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Way Charitable Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Way Charitable Foundation's EIN?
The Way Charitable Foundation's EIN (Employer Identification Number) is 27-1961526. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Way Charitable 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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