The William and Cathy Kwapil Foundation Inc

WATERTOWN, WI EIN: 88-1952069

The William and Cathy Kwapil Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATERTOWN, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 2 grants totaling $100K. Net investment income was $105K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+0.2% YoY

Annual Giving

$100K

-65.0% YoY

Grant Count

-85.7% YoY

Avg Grant Size

$50K

+145.3% YoY

Under IRS private-foundation payout rules, The William and Cathy Kwapil Foundation Inc reported a distributable amount of $148K for 2024 — the minimum it must pay out in qualifying distributions.

About The William and Cathy Kwapil Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $375K (97%)

Connecticut $10K (3%)

States

Connecticut Wisconsin

Cities

FairfieldHartlandOregonWatertownWauwatosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,765,195	$2,760,175	$3,021,067
Revenue	$126,560	$53,139	$3,033,546
Expenses	$121,540	$314,031	$12,479
Qualifying Distributions	$100,000	$285,400	—
Net Investment Income	$105,020	$62,606	$21,067
Distributable Amount	$148,365	$154,787	$76,618

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Watertown Area Community Foundation ($50,000), Ymca ($50,000).

Recipient	Purpose	Amount
WATERTOWN AREA COMMUNITY FOUNDATION WATERTOWN, WI	CLASSROOM SUPPLIES	$50,000
YMCA WATERTOWN, WI	CAPITAL CAMPAIGN	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Kelly Kwapil	President/Secretary	5	—
Karla Kwapil	Vice President/Treasurer	1	—
Michelle Sirenik	Director	1	—
Greg Graglia	Director	1	—
Jason Schwager	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The William and Cathy Kwapil Foundation Inc?

The William and Cathy Kwapil Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATERTOWN, WI. It holds $2.8M in total assets as of 2024.

How large is The William and Cathy Kwapil Foundation Inc?

As of 2024, The William and Cathy Kwapil Foundation Inc holds $2.8M in total assets with $127K in annual revenue. It awarded 2 grants totaling $100K in 2024.

Where does The William and Cathy Kwapil Foundation Inc operate?

The William and Cathy Kwapil Foundation Inc has awarded grants in Connecticut, Wisconsin.

What size grants does The William and Cathy Kwapil Foundation Inc award?

In 2024, The William and Cathy Kwapil Foundation Inc awarded 2 grants totaling $100K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is The William and Cathy Kwapil Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The William and Cathy Kwapil Foundation Inc reported a distributable amount of $148K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The William and Cathy Kwapil Foundation Inc's EIN?

The William and Cathy Kwapil Foundation Inc's EIN (Employer Identification Number) is 88-1952069. IRS Form 990 filing data is available on this page for 2022–2024.