Tim and Karla Feltes Family Foundation

WHEATON, IL EIN: 26-1115240

Tim and Karla Feltes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEATON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 3 grants totaling $110K. Net investment income was $203K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+4.6% YoY

Annual Giving

$110K

-4.3% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$37K

-4.3% YoY

About Tim and Karla Feltes Family Foundation

Based on IRS filings

Tim and Karla Feltes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHEATON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 3 grants totaling $110K. Net investment income was $203K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Carol StreamGlen EllynLouisvilleLoves ParkRockford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$62K$124K$185K$247K20202021202220232024
Metric202420232022
Total Assets$2,077,289$1,985,105$2,056,603
Revenue$224,631$70,453$141,382
Expenses$132,447$141,951$117,439
Qualifying Distributions$111,020$115,970$98,900
Net Investment Income$203,204$46,027$124,600
Distributable Amount$109,660$118,966$114,767

Giving Over Time

Total grant dollars and number of grants per year

$0$35K$69K$104K$138K4 grants20204 grants20214 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

OUTREACH COMMUNITY MINIS…$75KGO MINISTRIES$25KFIRST LOVE INTERNATIONAL…$10K

Grant Size Distribution

18 grants across all recorded years

13<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIMOTHY FELTESDIRECTOR/PRESIDENT/SECRETA2
KARLA FELTESDIRECTOR/TREASURER2
BARBARA WISDOMDIRECTOR2
KEVIN J COOPERDIRECTOR2
ANNA-KATHRYN M COOPERDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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