The Wilbakes Fund
The Wilbakes Fund is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 4 grants totaling $208K. Net investment income was $298K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
Annual Giving
$208K
Grant Count
4
Avg Grant Size
$52K
Under IRS private-foundation payout rules, The Wilbakes Fund reported a distributable amount of $248K for 2024 — the minimum it must pay out in qualifying distributions.
About The Wilbakes Fund
Based on IRS filings
The Wilbakes Fund is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 4 grants totaling $208K. Net investment income was $298K.
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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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $5,690,382 | $5,185,509 | $5,010,527 |
| Revenue | $497,650 | $200,822 | $5,010,527 |
| Expenses | $233,760 | $25,840 | — |
| Qualifying Distributions | $229,160 | $23,340 | — |
| Net Investment Income | $297,650 | $200,822 | $527 |
| Distributable Amount | $248,063 | $232,022 | $8,951 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Duke University ($110,000), Nature Conservancy ($48,000), Natureserve ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DUKE UNIVERSITY DURHAM, NC | FUNDS FOR unrestricted support, Environmental Education Training Camp; Marojejy field trips; TO PURCHASE Stoves; Educational Vids, Research Exchange, FOR 2 Interns, Intern transportation, Nocturnal housing, Animal enrichment AND ATS Receiver-Datalogger | $110,000 |
| NATURE CONSERVANCY DURHAM, NC | FUNDS FOR North Carolina, Belize, Colombia and Ecuador | $48,000 |
| NATURESERVE ARLINGTON, VA | General & Unrestricted | $40,000 |
| NEW RIVER CONSERVANCY W JEFFERSON, NC | For restoration of the Trash Trout or as needed for unrestricted use | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barbara Wendell Baker | Dir, Pres, Sec | 1 | — |
| Jonathan Edward Wilfong Jr | Treas | 1 | — |
Frequently Asked Questions
How large is The Wilbakes Fund?
As of 2024, The Wilbakes Fund holds $5.7M in total assets with $498K in annual revenue. It awarded 4 grants totaling $208K in 2024.
Where does The Wilbakes Fund operate?
The Wilbakes Fund has awarded grants in North Carolina, Virginia.
What size grants does The Wilbakes Fund award?
In 2024, The Wilbakes Fund awarded 4 grants totaling $208K — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is The Wilbakes Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wilbakes Fund reported a distributable amount of $248K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wilbakes Fund's EIN?
The Wilbakes Fund's EIN (Employer Identification Number) is 87-3495509. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Wilbakes Fund'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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