Wheeler Foundation

SALT LAKE CITY, UT EIN: 87-0503163

Wheeler Foundation is a private grantmaking foundation based in Salt Lake City, Utah, designated as a 501(c)(3) organization. The foundation has been tax-exempt since May 1994 and operates as an independent philanthropic organization focused on distributing grants to nonprofit organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$80.7M

+1.6% YoY

Annual Giving

$4.3M

-11.7% YoY

Grant Count

1

-99.0% YoY

Avg Grant Size

$4.3M

+8645.4% YoY

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

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, based on grant distribution patterns, Wheeler Foundation supports organizations working in the following areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Arts and Creative Writing
  • Historic Preservation
  • Journalism
  • Higher Education

Grantmaking

The foundation accepts applications from new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

$46,500 to $210 (depending on calculation methodology)

Average Grant

$46,500 to $210 (depending on calculation methodology)

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Geographic Focus

Where this funder awards grants

Wheeler Foundation supports organizations across numerous states and cities throughout the United States, including:

  • Arizona, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Maryland, Michigan, Montana, North Carolina, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and additional states
  • Major urban centers including New York, Philadelphia, and Dallas
  • Smaller communities including Bozeman and Waynesville

Grant Distribution by State

21states
+13 more states

Cities

ArlingtonAtlantaAuburnBaltimoreBeavertonBethesdaBoiseBountifulBozemanBrigham CityCottonwd HtsCottonwoodCottonwood HeightsDallasDraperFairfieldFarmingtonHagerstownHighlandHillsboro

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2023:

  • Total Assets: $79.4 million to $102 million
  • Total Revenue: $3.6 million to $4.8 million
  • Total Expenses: $5.5 million
  • Total Liabilities: $0
  • Investment Income and Dividends: $2,035,439
  • Net Gain from Sale of Non-Inventory Assets: $1,635,928

Historical Growth: Over the past four years, the organization has increased revenue by an average of 1.9% annually, demonstrating relatively stable financial performance.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$80,701,360$79,425,595$81,082,373
Revenue$6,157,619$3,634,557$4,781,429
Expenses$5,112,556$5,499,680$5,521,686
Qualifying Distributions$4,527,885$5,025,526$5,034,228
Net Investment Income$5,608,832$3,054,843$4,371,405
Distributable Amount$5,322,178$4,630,388$4,616,888

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M1 grants20201 grants2021105 grants202299 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED$4.3M

Grant Size Distribution

103 grants across all recorded years

50<$50K31$50–100K16$100–250K3$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership team consists of five directors, each serving with minimal compensated hours (3 hours per week at $7,500 annually):

  • Rebecca Davis - President/Director
  • Connie Wheeler - Secretary/Director
  • Susan Holt - Vice President/Director
  • Alison W. Jensen - Vice President/Director
  • Mary Katherine Younker - Treasurer/Director

Compensation Overview

From 2024 IRS filing

SUSAN HOLTV.P./DIRECTOR$8KALISON W JENSENV.P./DIRECTOR$8KREBECCA DAVISPRES. / DIRECTOR$8KMary Katherine YounkerTREAS. / DIRECTOR$8KCONNIE WHEELERSEC. / DIRECTOR$8K

From 2024 filing

NameTitleHoursCompensation
SUSAN HOLTV.P./DIRECTOR3$7,500
ALISON W JENSENV.P./DIRECTOR3$7,500
REBECCA DAVISPRES. / DIRECTOR3$7,500
Mary Katherine YounkerTREAS. / DIRECTOR3$7,500
CONNIE WHEELERSEC. / DIRECTOR3$7,500

Recent News & Activity

Recent developments and announcements

Wheeler Foundation has supported various initiatives across the country, with grants distributed to organizations addressing disaster relief, international humanitarian work, higher education, and special education programs. The foundation maintains active grantmaking operations and continues to accept applications from eligible nonprofit organizations.

Wheeler Foundation Study Abroad Scholarship - BigFuture

Related Funders

Similar funders by location and focus area

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

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