The Wedge Foundation
The Wedge Foundation is a private foundation focused on Education, based in Houston, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $315 in total assets.
The Wedge Foundation at a glance
- Total assets
- $315
- -23.2% vs 2024
- Expenses (2025)
- $95
- +0.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Wedge Foundation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Wedge Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Middle East Institute Washington, DC | Contribution | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $315 | — | $95 | — | — | — | $19 |
| 2024 | $410 | — | $95 | — | — | — | $24 |
| 2023 | $505 | $25,000 | $25,095 | $25,000 | 1 | $25,000 | $9 |
| 2022 | $100 | — | $95 | — | — | — | $111 |
| 2021 | $195 | — | $90 | — | — | — | $13 |
| 2020 | $285 | — | $90 | — | — | — | $17 |
Under IRS private-foundation payout rules, The Wedge Foundation reported a distributable amount of $19 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Wedge Foundation is led by Fi Fares, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Fi Fares
President
On filings since 2020
No compensation reported
Brett Scholz
Vice President
On filings since 2021
No compensation reported
Former officers (1)
- Former: Aline Magee-Blohm (2020) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 Wedge Foundation
How large is The Wedge Foundation?
The Wedge Foundation reported $315 in total assets on its 2025 IRS Form 990-PF.
What is The Wedge Foundation?
The Wedge Foundation is a private foundation focused on Education, based in Houston, TX. It holds $315 in total assets as of 2025.
Where does The Wedge Foundation operate?
The Wedge Foundation has awarded grants in District of Columbia.
How much is The Wedge Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Wedge Foundation reported a distributable amount of $19 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wedge Foundation's EIN?
The Wedge Foundation's EIN (Employer Identification Number) is 76-0533546. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 21, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Wedge Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Wedge Foundation's focus areas in our free grants database
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