The Wayland E Noland Foundation

WILMINGTON, DE EIN: 26-0638552

The Wayland E Noland 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 $24.8M in total assets. In 2024, it awarded 4 grants totaling $236K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.8M

+4.5% YoY

Annual Giving

$236K

Grant Count

4

Avg Grant Size

$59K

Under IRS private-foundation payout rules, The Wayland E Noland Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

About The Wayland E Noland Foundation

Based on IRS filings

The Wayland E Noland 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 $24.8M in total assets. In 2024, it awarded 4 grants totaling $236K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CambridgeExeterMilwaukeeMinneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M20202021202220232024
Metric202420232022
Total Assets$24,819,293$23,750,956$1,991,246
Revenue$1,507,612$12,826,439$1,366,278
Expenses$439,275$81,382$8,945
Qualifying Distributions$244,290$6,747$6,722
Net Investment Income$1,075,803$1,131,649$17,726
Distributable Amount$1,261,366$581,307$26,239

Giving Over Time

Total grant dollars and number of grants per year

$0$106K$213K$319K$425K1 grants20201 grants20210 grants20220 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

UNIVERSITY OF WISCONSIN …$118KPRESIDENT & FELLOWS OF H…$39KPHILLIPS EXETER ACADEMY$39KUNIVERSITY OF MINNESOTA …$39K

Grant Size Distribution

6 grants across all recorded years

4<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Wisconsin Foundation ($118,002), President & Fellows of Harvard College ($39,344), Phillips Exeter Academy ($39,334).

RecipientPurposeAmount
PHILLIPS EXETER ACADEMY EXETER, NHGeneral & Unrestricted$39,334
PRESIDENT & FELLOWS OF HARVARD COLLEGE CAMBRIDGE, MAWayland E. Noland Fund in Chemistry and Chemical Biology Scholarship Fund$39,344
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MNFund 9901$39,334
UNIVERSITY OF WISCONSIN FOUNDATION MILWAUKEE, WIGeneral & Unrestricted$118,002

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Leo ArmsDir, Pres, Sec1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Wayland E Noland Foundation?

The Wayland E Noland Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $24.8M in total assets as of 2024.

How large is The Wayland E Noland Foundation?

As of 2024, The Wayland E Noland Foundation holds $24.8M in total assets with $1.5M in annual revenue. It awarded 4 grants totaling $236K in 2024.

Where does The Wayland E Noland Foundation operate?

The Wayland E Noland Foundation has awarded grants in Massachusetts, Minnesota, New Hampshire, Wisconsin.

What size grants does The Wayland E Noland Foundation award?

In 2024, The Wayland E Noland Foundation awarded 4 grants totaling $236K — an average of about $59K per grant, based on its IRS Form 990 filings.

How much is The Wayland E Noland Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wayland E Noland Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Wayland E Noland Foundation's EIN?

The Wayland E Noland Foundation's EIN (Employer Identification Number) is 26-0638552. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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