Wake Family Charitable Foundation

Foundation · Grantmaker Pennington, NJ EIN: 81-1684715

The Wake Family Charitable Foundation is a private foundation located in Pennington, New Jersey. Established in 2016, it operates as a 501(c)(3) exempt private foundation with no employees.

Key facts about Wake Family Charitable Foundation

EIN: 81-1684715
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $622,000
Grants made (2024): 24
Average grant: $25,917
Median grant: $15,000
New grantees (estimate): 29% first-time grantees (7 of 24, 2024)
Total assets: $1,690,475
Primary geography: New York (45% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Wake Family Charitable Foundation funds

By grant dollars, the top recipient states for Wake Family Charitable Foundation's 24 itemized 2024 grants were New York (45%), California (31%) and Texas (12%). The most frequent recipient cities were Sherman, NY (3 grants), Ft Worth, TX (3 grants) and Visalia, CA (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Wake Family Charitable Foundation open to new grantees?

29%

first-time grantees, 2024

In 2024, 7 of 24 grantees (29%) were first-time recipients. First grants averaged $15K; repeat grants $31K. How we count

Medians: $15K first-time, $15K repeat.

67% of 2024 grantees were also funded in 2023. Method
Giving grew 130% from 2021 to 2024. Method
In 2024 it paid out 563% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Wake Family Charitable Foundation

How to evaluate Wake Family Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Wake Family Charitable Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-18.4% YoY

Annual Giving

$622K

-25.9% YoY

Grant Count

+26.3% YoY

Avg Grant Size

$26K

-41.3% YoY

Under IRS private-foundation payout rules, Wake Family Charitable Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds unrestricted general grants and George D Edmunds Memorial grants.

Grantmaking

The foundation made 15 grants in 2024. Recent grants include:

Your AI grants department

Ready to take the next step with Wake Family Charitable Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The foundation is based in Pennington, New Jersey.

Grant Distribution by State

New York $280K (45%)

California $192K (31%)

Texas $75K (12%)

Idaho $30K (5%)

District of Columbia $15K (2%)

All other $30K (5%)

Share of all 24 itemized 2024 grant dollars.

States

California District of Columbia Idaho Illinois Montana New Jersey New York Texas Virginia

Cities

ShermanVisaliaFort WorthJamestownMontereySanta BarbaraAvila BeachMccallMidlandPiedmontWashingtonChinoManhattan BeachMarinaBozemanChicagoConcordDanvilleFranklin LakesMilpitas

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

Total Assets: $1,690,475
Total Revenues: $270,233
Total Expenses: $654,806
Investment Income and Dividends: $48,486
Net Gain from Sale of Non-Inventory Assets: $221,747

Staffing: The foundation operates with no employees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,690,475	$2,072,111	$2,738,983
Revenue	$270,233	$209,496	$290,820
Expenses	$654,806	$880,448	$459,873
Qualifying Distributions	$634,546	$854,115	$430,318
Net Investment Income	$251,032	$185,872	$264,804
Distributable Amount	$112,731	$136,569	$158,189

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

82 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Stanley Hose Company Inc ($175,000), Minerva Free Library ($60,000), Chatauqua Region Community Fdn Inc ($30,000).

Recipient	Purpose	Amount
STANLEY HOSE COMPANY INC Sherman, NY	UNRESTRICTED GENERAL	$175,000
MINERVA FREE LIBRARY Sherman, NY	UNRESTRICTED GENERAL	$60,000
CHATAUQUA REGION COMMUNITY FDN INC Jamestown, NY	UNRESTRICTED GENERAL	$30,000
HARRIS COLLEGE NURSING & HEALTH SCIENCES Ft Worth, TX	UNRESTRICTED GENERAL	$30,000
ALL SAINTS EPISCOPAL SCHOOL OF FT WORTH Fort Worth, TX	UNRESTRICTED GENERAL	$30,000
ST LUKE'S MCCALL FOUNDATION McCall, ID	UNRESTRICTED GENERAL	$30,000
PIEDMONT EDUCATIONAL FOUNDATION (PEF) Piedmont, CA	UNRESTRICTED GENERAL	$30,000
ALZHEIMER'S ASSOCIATION Ft Worth, TX	UNRESTRICTED GENERAL	$15,000
COMMUNITY CHURCH OF SHERMAN NY Sherman, NY	UNRESTRICTED GENERAL	$15,000
HERITAGE FOUNDATION Washington, DC	UNRESTRICTED GENERAL	$15,000

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

Name	Title	Hours	Compensation
George H Wake	Director	4	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Wake Family Charitable Foundation fund?

The foundation primarily funds unrestricted general grants and George D Edmunds Memorial grants.

How do I apply for a grant from Wake Family Charitable Foundation?

The foundation made 15 grants in 2024. Recent grants include: • The Stanley Hose Company: $175,000 (Unrestricted General, December 2024) • Minerva Free Library: $60,000 (Unrestricted General, December 2024) • Piedmont Education Foundation (PEF): $30,000 (Unrestricted General, December 2024)

Where does Wake Family Charitable Foundation make grants?

The foundation is based in Pennington, New Jersey.

What size grants does Wake Family Charitable Foundation award?

In 2024, Wake Family Charitable Foundation awarded 24 grants totaling $622K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Wake Family Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wake Family Charitable Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wake Family Charitable Foundation's EIN?

Wake Family Charitable Foundation's EIN (Employer Identification Number) is 81-1684715. IRS Form 990 filing data is available on this page for 2020–2024.