Wcf Foundation
WCF Foundation is a corporate foundation based in Sandy, Utah, established in 2016. The organization operates as a 501(c)(3) private grantmaking foundation with a focus on supporting educational institutions and community initiatives across multiple states.
Key facts about Wcf Foundation
- EIN
- 81-2893553
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,389,365
- Grants made (2024)
- 61
- Average grant
- $22,776
- Median grant
- $5,800
- Total assets
- $11,906,859
- Primary geography
- Utah (88% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Wcf Foundation funds
By grant dollars, the top recipient states for Wcf Foundation's 61 itemized 2024 grants were Utah (88%) and California (6%). The most frequent recipient cities were Salt Lake City, UT (24 grants), Sandy, UT (3 grants), San Francisco, CA (2 grants) and Ogden, UT (2 grants). 2% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.9M
+39.7% YoY
Annual Giving
$1.4M
-10.2% YoY
Grant Count
61
+41.9% YoY
Avg Grant Size
$23K
-36.7% YoY
Under IRS private-foundation payout rules, Wcf Foundation reported a distributable amount of $430K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include education, philanthropy, voluntarism, and grantmaking, with particular emphasis on supporting walks to end Alzheimer's disease. The foundation also facilitates donations on behalf of individuals for endowed scholarships at Utah Valley University.
Grantmaking
The foundation operates on an invite-only basis and does not accept unsolicited applications.
Grant Range
$3,000–$250,000
Average Grant
$100,000–$250,000
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states, including Arizona, California, Colorado, Idaho, Illinois, Nevada, New York, and Utah. Notable cities funded include New York, San Francisco, Chicago, and Las Vegas, with significant activity in Utah.
Grant Distribution by State
Share of all 61 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2023):
- Total assets: $8,524,138
- Total revenues: $2,255,906
- Total expenses: $1,616,076
- Expense ratio: 71.6% of total revenue spent on programs
- Giving rate: 16.0% of assets
Staff: The foundation operates with zero employees, relying on volunteer leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,906,859 | $8,524,138 | $7,370,823 |
| Revenue | $4,672,105 | $2,255,906 | $2,045,125 |
| Expenses | $1,462,640 | $1,616,076 | $1,694,387 |
| Qualifying Distributions | $1,397,755 | $1,555,522 | $1,692,247 |
| Net Investment Income | $669,612 | $225,467 | $73,122 |
| Distributable Amount | $430,274 | $295,631 | $1,316,599 |
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
313 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Kem C Gardner Policy Institute ($200,000), University of Utah ($200,000), Neuroworx ($129,560).
| Recipient | Purpose | Amount |
|---|---|---|
| KEM C GARDNER POLICY INSTITUTE SALT LAKE CITY, UT | Develop and share economic, demographic, and public policy research that sheds light and helps people make informed decisions. We also assist the David Eccles School of Business create value for students and the community, offer premier experiences, and provide thought leadership through innovative research and discovery. | $200,000 |
| UNIVERSITY OF UTAH SALT LAKE CITY, UT | DONATION TO ASSIST IN THE DESIGN, CONSTRUCTION, RENOVATION, AND MODERNIZATION OF THE SPENCER FOX ECCLES MEDICAL EDUCATION BUILDING. 2 of 5 PLEDGED PAYMENTS | $200,000 |
| NEUROWORX SANDY, UT | Neuroworx is a nonprofit, outpatient facility providing innovative physical, occupational, and speech therapy for adults and children affected by paralysis from spinal cord injuries, brain injuries, stroke, cerebral palsy, and similar neurological conditions. | $129,560 |
| SCHOLARSHIPS SANDY, UT | LEGACY OF LEARNING SCHOLARSHIPS AWARDED TO FAMILY MEMBERS OF DECEASED WORKERS'. PAID DIRECTLY TO INSTITUTIONS OF HIGHER LEARNING. | $114,705 |
| COMMUNITY FOUNDATION OF UTAH SALT LAKE CITY, UT | UTAH PHILANTHROPIC BOARD HOMELESSNESS PROJECT. | $100,000 |
| UNITED WAY OF SALT LAKE SALT LAKE CITY, UT | TO IMPROVE POVERTY, POOR HEALTH AND EDUCATIONAL ACHIEVEMENT | $60,000 |
| JUNIOR ACHIEVEMENT OF UTAH INC SALT LAKE CITY, UT | STOREFRONT OPERATIONS SPONSORSHIP IN UTAH AND SALT LAKE COUNTIES | $55,000 |
| SALT LAKE CHAMBER FOUNDATION SALT LAKE CITY, UT | To support the Utah Rising campaign: A Free Enterprise Vision for Utah's Economy is a statewide, business-led plan to ensure a prosperous future for all Utahns. It includes a vision, mission, guiding principles, strategic goals, supporting measures, and key performance indicators. Six signature projects complete the plan. | $50,000 |
| AMERICAN HEART ASSOCIATION BOONE, IA | TO BE A FORCE FOR WORLD OF LONGER, HEALTHIER LIVES | $45,000 |
| LOVELAND LIVING PLANET AQUARIUM DRAPER, UT | SPONSORSHIP OF CONNECTIONS PLAY AND CORAL REEF AREA | $35,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Ray Pickup – Director (uncompensated)
- Dallas Bradford – Director (uncompensated)
- Lane Summerhays – Director (uncompensated)
- Matt Lyon – CEO and President (uncompensated)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY PICKUP | DIRECTOR | — | — |
| DALLAS BRADFORD | DIRECTOR | — | — |
| LANE SUMMERHAYS | DIRECTOR | — | — |
| MATT LYON | CEO AND PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Wcf Foundation fund?
The foundation's primary funding areas include education, philanthropy, voluntarism, and grantmaking, with particular emphasis on supporting walks to end Alzheimer's disease. The foundation also facilitates donations on behalf of individuals for endowed scholarships at Utah Valley University.
How do I apply for a grant from Wcf Foundation?
**Grant Activity & Amounts:** • Total annual giving: approximately $1.4–$1.6 million • Number of grants: 39–64 grants annually • Grant range: $3,000–$250,000 • Median grant size: $10,000 • Average grant size: $100,000–$250,000 **Recent Grants (2023):** • Utah Valley University Foundation: $250,000 (establishment of a Minor in Risk Management and Insurance in the Woodbury School of Business) • University of Utah: $200,000 (design, construction, renovation, and modernization of the Spencer Fox Ec…
Where does Wcf Foundation make grants?
The foundation supports projects across multiple states, including Arizona, California, Colorado, Idaho, Illinois, Nevada, New York, and Utah. Notable cities funded include New York, San Francisco, Chicago, and Las Vegas, with significant activity in Utah.
What size grants does Wcf Foundation award?
In 2024, Wcf Foundation awarded 61 grants totaling $1.4M — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Wcf Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wcf Foundation reported a distributable amount of $430K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wcf Foundation's EIN?
Wcf Foundation's EIN (Employer Identification Number) is 81-2893553. IRS Form 990 filing data is available on this page for 2020–2024.
Does Wcf Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines.
Explore Open Grants
Browse active grant opportunities in Wcf Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.