Wcf Foundation

SANDY, UT EIN: 81-2893553

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.

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.

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

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

10states
+2 more states

Cities

AlamedaAlpineAmerican ForkBlandingBoiseBooneBroomfieldCedar CityCentervilleChicagoCottonwood HeightsDenverDraperEagarFarmingtonFresnoHendersonIdaho FallsKearnsLas Vegas

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
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

$0$833K$2M$2M$3M74 grants202071 grants202164 grants202243 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KEM C GARDNER POLICY INS…$200KUNIVERSITY OF UTAH$200KNEUROWORX$130KSCHOLARSHIPS$115KCOMMUNITY FOUNDATION OF …$100KUNITED WAY OF SALT LAKE$60KJUNIOR ACHIEVEMENT OF UT…$55KSALT LAKE CHAMBER FOUNDA…$50KAMERICAN HEART ASSOCIATION$45KLOVELAND LIVING PLANET A…$35K

Grant Size Distribution

243 grants across all recorded years

201<$50K15$50–100K19$100–250K6$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kem C Gardner Policy Institute ($200,000), University of Utah ($200,000), Neuroworx ($129,560).

RecipientPurposeAmount
UNITED WAY OF SALT LAKE SALT LAKE CITY, UTTO IMPROVE POVERTY, POOR HEALTH AND EDUCATIONAL ACHIEVEMENT$60,000
JDRF INTERNATIONAL NEW YORK, NYFIND A TYPE 1 DIABETES CURE PLUS COMPANY MATCH OF EMPLOYEE CONTRIBUTIONS$15,000
KOSTOPULOS DREAM FOUNDATION SALT LAKE CITY, UTImprove the quality of life for people of all abilities through recreation, education and growth opportunities.$20,000
FAMILY PROMISE OF OGDEN OGDEN, UTSHELTER, SAFETY, AND SUSTENANCE TO FAMILIES SEARCHING FOR WORK AND HOUSING$10,000
SCHOLARSHIPS SANDY, UTLEGACY OF LEARNING SCHOLARSHIPS AWARDED TO FAMILY MEMBERS OF DECEASED WORKERS'. PAID DIRECTLY TO INSTITUTIONS OF HIGHER LEARNING.$114,705
CHABAD LUBAVITCH OF UTAH SALT LAKE CITY, UTASSIST WITH SECURITY INSTALLATION$25,000
ROCKY MOUNTAIN CENTER FOR OCCUPATIONAL HEALTH SALT LAKE CITY, UTOne-time contribution to support the high school pathways program at the University of Utah and Weber State University.$10,000
WESTMINSTER COLLEGE SALT LAKE CITY, UTHONORS COLLEGE STATEWIDE ESSAY CONTEST$5,000
THE SANDY CLUB SANDY, UTTO PROVIDE HEALTHY AFTER SCHOOL SNACKS, ACTIVITY SUPPLIES, AND YOUTH INCENTIVES$10,000
AMERICAN HEART ASSOCIATION BOONE, IATO BE A FORCE FOR WORLD OF LONGER, HEALTHIER LIVES$45,000

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

NameTitleHoursCompensation
RAY PICKUPDIRECTOR
DALLAS BRADFORDDIRECTOR
LANE SUMMERHAYSDIRECTOR
MATT LYONCEO 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.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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