Wisdom Family Foundation

Foundation · Grantmaker Alva, OK EIN: 26-2151892

Wisdom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Alva, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 8 grants totaling $606K. Net investment income was $804K.

Key facts about Wisdom Family Foundation

EIN: 26-2151892
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $605,514
Grants made (2024): 8
Average grant: $75,689
Median grant: $37,500
Total assets: $15,566,660
Primary geography: Oklahoma (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Wisdom Family Foundation funds

By grant dollars, the top recipient states for Wisdom Family Foundation's 8 itemized 2024 grants were Oklahoma (100%). The most frequent recipient cities were Alva, OK (2 grants) and Enid, OK (2 grants). 25% of grants with a stated purpose were for general or operating support.

How Wisdom Family Foundation gives

Giving grew 355% from 2021 to 2024. Method
In 2024 it paid out 70% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Wisdom Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.6M

+1.1% YoY

Annual Giving

$606K

+47.2% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$76K

+10.4% YoY

Under IRS private-foundation payout rules, Wisdom Family Foundation reported a distributable amount of $866K for 2024 — the minimum it must pay out in qualifying distributions.

About Wisdom Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $606K (100%)

Share of all 8 itemized 2024 grant dollars.

States

Oklahoma

Cities

AlvaFreedomNormanEnidOkcOkeeneDrummondLaverne

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$15,566,660	$15,397,686	$15,131,344
Revenue	$933,979	$823,515	$912,852
Expenses	$759,124	$552,377	$1,797,252
Qualifying Distributions	$605,514	$411,366	$1,582,738
Net Investment Income	$803,872	$693,625	$914,061
Distributable Amount	$865,814	$813,976	$802,925

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 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 8 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Nwosu Foundation ($363,900), Freedom West ($75,996), Alva Independent School District ($75,000).

Recipient	Purpose	Amount
NWOSU FOUNDATION Alva, OK	GENERAL FUND	$363,900
FREEDOM WEST Freedom, OK	MAINTAINING USABLE SPACE FOR ART AND ART CLASSES	$75,996
ALVA INDEPENDENT SCHOOL DISTRICT Alva, OK	SHEEP/GOAT FACILITY	$75,000
CHISHOLM HIGH SCHOOL Enid, OK	STOCK TRAILER	$50,000
ENID SCHOOL DISTRICT Enid, OK	FFA TRAILER	$25,000
DRUMMOND PUBLIC SCHOOL Drummond, OK	CAFETERIA TABLE	$7,500
OU FOUNDATION Norman, OK	LUMBAR PUNCTURE MODELS	$6,118
OKLAHOMA FOUNDATION FOR EXCELLENCE Okc, OK	GENERAL FUND	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

Name	Title	Hours	Compensation
Peggy Wisdom	Director	1	$600
Lee Brandt	Director	1	$600
Ken Schultz	Director	1	$600
Douglas Voth	Director	1	$600
Jeanne Anne King	Director	1	$600
Nancy Hall	Director	1	$600
Brad Boeckman	Director	1	$600
Jim Pfeiffer	Executive Director	—	$5,320

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Wisdom Family Foundation?

Wisdom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Alva, OK. It holds $15.6M in total assets as of 2024.

How large is Wisdom Family Foundation?

As of 2024, Wisdom Family Foundation holds $15.6M in total assets with $934K in annual revenue. It awarded 8 grants totaling $606K in 2024.

Where does Wisdom Family Foundation operate?

Wisdom Family Foundation has awarded grants in Oklahoma.

What size grants does Wisdom Family Foundation award?

In 2024, Wisdom Family Foundation awarded 8 grants totaling $606K — an average of about $76K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wisdom Family Foundation reported a distributable amount of $866K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.