Wedge Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 4 grants totaling $212K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-9.6% YoY
Annual Giving
$212K
-37.4% YoY
Grant Count
4
-60.0% YoY
Avg Grant Size
$53K
+56.4% YoY
About Wedge Foundation Inc
Based on IRS filings
Wedge Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 4 grants totaling $212K. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,757,948 | $4,158,941 | $5,770,701 |
| Revenue | $365,121 | $552,318 | $429,884 |
| Expenses | $783,616 | $1,074,683 | $842,247 |
| Qualifying Distributions | $211,698 | $338,300 | $269,232 |
| Net Investment Income | $16,375 | $147,933 | $74,725 |
| Distributable Amount | $209,028 | $251,769 | $298,466 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL WEDGE III | PRESIDENT | — | $126,000 |
| JODY WEDGE | DIRECTOR | — | $36,000 |
| PAUL WEDGE | DIRECTOR | — | $40,000 |
| BAYLOR WEDGE | DIRECTOR | — | $2,000 |
| LILLY WEDGE | DIRECTOR | — | $2,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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