The WFG Foundation Inc

Foundation · Grantmaker Cedar Rapids, IA EIN: 82-0557271

ESTABLISHING NEIGHBORHOOD ENHANCEMENT PROGRAMS, PROMOTING EDUCATIONAL AND SCHOLARSHIP OPPORTUNITIES, AND FOSTERING COMMUNITY TOGETHERNESS, AWARENESS, AND INTERCOMMUNICATION.

Key facts about The WFG Foundation Inc

EIN
82-0557271
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$128,822
Grants made (2024)
7
Average grant
$18,403
Median grant
$12,577
Total assets
$1,356,869
Primary geography
Texas (40% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The WFG Foundation Inc funds

By grant dollars, the top recipient states for The WFG Foundation Inc's 7 itemized 2024 grants were Texas (40%), Nevada (17%) and Tennessee (13%). None of its 7 grants with a stated purpose were described as general or operating support.

How The WFG Foundation Inc gives

  • Giving fell 85% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+7.9% YoY

Annual Giving

$129K

-62.3% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$18K

-51.5% YoY

About The WFG Foundation Inc

Based on IRS filings

The WFG Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Cedar Rapids, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 7 grants totaling $129K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states

Share of all 7 itemized 2024 grant dollars.

Cities

ParkerBooneLas VegasBufordChicagoColorado SpringsHoustonJamaica PlainMilpitasNew YorkSan JoseAtlantaAuroraBellevueBrentwoodCampbellConyersLong Island CityLos AngelesMurrieta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$304K$608K$912K$1M20202021202220232024
Metric202420232022
Total Assets$1,356,869$1,257,123$1,313,179
Revenue$262,506$286,968$667,712
Expenses$217,819$440,050$344,742
Qualifying Distributions———
Net Investment Income$33,693$26,285$24,458
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$210K$420K$630K$840K8 grants20209 grants20219 grants20229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Sewa International Inc: $52KSewa International Inc$52KMake-a-Wish Foundation of Southern Nevada: $22KMake-a-Wish Foundation ofSouthern Nevada$22KThe Lantern Network: $16KThe Lantern Network$16KOperation Underground Railroad: $13KOperation Underground Railroad$13KChinese Cultural School of Atlanta: $10KChinese Cultural School ofAtlanta$10KCompassion International: $10KCompassion International$10KAmerican Red Cross: $6KAmerican Red Cross$6K

Grant Size Distribution

42 grants across all recorded years

34<$50K5$50–100K$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sewa International Inc ($52,000), Make-a-Wish Foundation of Southern Nevada ($22,480), The Lantern Network ($16,142).

RecipientPurposeAmount
SEWA INTERNATIONAL INC Houston, TXHUMAN SERVICE ORGANIZATION$52,000
MAKE-A-WISH FOUNDATION OF SOUTHERN NEVADA Las Vegas, NVCHILDREN'S AND YOUTH SERVICES$22,480
THE LANTERN NETWORK Brentwood, TNYOUNG BLACK AMERICANS MENTORSHIP NETWORK$16,142
OPERATION UNDERGROUND RAILROAD Salt Lake City, UTARTS, CULTURE AND HUMANITIES$12,577
CHINESE CULTURAL SCHOOL OF ATLANTA Buford, GAMANDARIN LANGUAGE AND CULTURAL EDUCATION$9,600
COMPASSION INTERNATIONAL Colorado Springs, COSUPPORT FOR UNDERPRIVILEGED FAMILIES$9,597
AMERICAN RED CROSS Boone, IADISASTER RELIEF$6,426

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Jun Dela CruzDirector0.3—
Sunny HuangDirector0.3—
Juan JaimeDirector (Until 07/24)0.3—
Kimme LeDirector0.3—
Brian LoiseauDirector0.3—
Penney N OoiDirector0.3—
Susan E DaviesPresident6—
Brian BeitzelVice President0.5—
Leesa EasleySecretary0.5—
Caryl P ShepherdTreasurer0.5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The WFG Foundation Inc?

The WFG Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Cedar Rapids, IA. It holds $1.4M in total assets as of 2024.

How large is The WFG Foundation Inc?

As of 2024, The WFG Foundation Inc holds $1.4M in total assets with $263K in annual revenue. It awarded 7 grants totaling $129K in 2024.

Where does The WFG Foundation Inc operate?

The WFG Foundation Inc has awarded grants in California, Colorado, Florida, Georgia, Hawaii, Iowa, Illinois, Massachusetts, Maryland, Nevada, New York, Oklahoma, Tennessee, Texas, Utah, Virginia, Washington.

What size grants does The WFG Foundation Inc award?

In 2024, The WFG Foundation Inc awarded 7 grants totaling $129K — an average of about $18K per grant, based on its IRS Form 990 filings.

What is The WFG Foundation Inc's EIN?

The WFG Foundation Inc's EIN (Employer Identification Number) is 82-0557271. IRS Form 990 filing data is available on this page for 2020–2024.

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

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