Wizard Island Foundation

Foundation · Grantmaker HOUSTON, TX EIN: 35-2470384

Wizard Island Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $362K in total assets. In 2024, it awarded 10 grants totaling $19K. Net investment income was $30K.

Key facts about Wizard Island Foundation

EIN
35-2470384
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,608
Grants made (2024)
10
Average grant
$1,861
Median grant
$1,500
New grantees (estimate)
20% first-time grantees (2 of 10, 2024)
Total assets
$361,678
Primary geography
Oregon (86% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Wizard Island Foundation funds

By grant dollars, the top recipient states for Wizard Island Foundation's 10 itemized 2024 grants were Oregon (86%) and North Carolina (14%). The most frequent recipient cities were Eugene, OR (4 grants) and Bend, OR (3 grants). None of its 10 grants with a stated purpose were described as general or operating support.

Is Wizard Island Foundation open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count

Medians: $2K first-time, $2K repeat.

  • 80% of 2024 grantees were also funded in 2023. Method
  • Giving grew 86% from 2021 to 2024. Method
  • In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$362K

+2.7% YoY

Annual Giving

$19K

+43.1% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$2K

+43.1% YoY

Under IRS private-foundation payout rules, Wizard Island Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Wizard Island Foundation

Based on IRS filings

Wizard Island Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $362K in total assets. In 2024, it awarded 10 grants totaling $19K. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 10 itemized 2024 grant dollars.

Cities

EugeneBendMedfordPortlandSistersBooneMagnolia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$17K$25K$34K20202021202220232024
Metric202420232022
Total Assets$361,678$352,333$341,382
Revenue$30,711$25,119$9,984
Expenses$21,366$14,168$13,664
Qualifying Distributions$20,701$13,546$13,031
Net Investment Income$30,046$24,573$9,351
Distributable Amount$19,814$19,504$18,695

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$9K$14K$19K3 grants20207 grants20219 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Deschutes Land Trust: $5KDeschutes Land Trust$5KSamaritan's Purse: $3KSamaritan's Purse$3KEugene Parks Foundation: $2KEugene Parks Foundation$2KFirst Congregational Church: $2KFirst Congregational Church$2KFriends of Buford Park & Mt Pisgah: $2KFriends of Buford Park & MtPisgah$2KMagdalene Home: $2KMagdalene Home$2KMckenzie River Trust: $2KMckenzie River Trust$2KOregon Health & Sciences University: $2KOregon Health & SciencesUniversity$2KBethlehem Inn: $1KBethlehem Inn$1KCaldera Jr Wolfpack Baseball: $1KCaldera Jr Wolfpack Baseball$1K

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Deschutes Land Trust ($5,000), Samaritan's Purse ($2,608), Eugene Parks Foundation ($1,500).

RecipientPurposeAmount
DESCHUTES LAND TRUST BEND, ORCONSERVE AND PROTECT LANDS AND WATERWAYS IN CENTRAL OREGON$5,000
SAMARITAN'S PURSE BOONE, NCPROVIDE SPIRITUAL AND PHYSICAL AID TO PEOPLE IN NEED AROUND THE WORLD$2,608
EUGENE PARKS FOUNDATION EUGENE, ORENHANCE QUALITY OF PARK SYSTEMS AND ACCESSIBILITY$1,500
FIRST CONGREGATIONAL CHURCH EUGENE, ORRELIGIOUS$1,500
FRIENDS OF BUFORD PARK & MT PISGAH EUGENE, ORENHANCE NATIVE HABITATS$1,500
MAGDALENE HOME MEDFORD, ORASSIST HOMELESS TEENS WHO ARE PREGNANT OR A PARENT$1,500
MCKENZIE RIVER TRUST EUGENE, ORPROTECT CRITICAL HABITATS AND SCENIC LANDS IN THE MACKENZIE BASIN$1,500
OREGON HEALTH & SCIENCES UNIVERSITY PORTLAND, OREDUCATION$1,500
BETHLEHEM INN BEND, OREMERGENCY SHELTER FOR HOMELESS$1,000
CALDERA JR WOLFPACK BASEBALL BEND, ORTEACH BASEBALL FUNDAMENTALS AND LIFE SKILLS TO YOUTHS$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Michele L NaumesPresident & Director1—
Natasha D LovenessVice President & Director——
Kathryn E NaumesVice President & Director——
Edward R NaumesSec/Treas & Director1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Wizard Island Foundation?

Wizard Island Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $362K in total assets as of 2024.

How large is Wizard Island Foundation?

As of 2024, Wizard Island Foundation holds $362K in total assets with $31K in annual revenue. It awarded 10 grants totaling $19K in 2024.

Where does Wizard Island Foundation operate?

Wizard Island Foundation has awarded grants in North Carolina, Oregon, Texas.

What size grants does Wizard Island Foundation award?

In 2024, Wizard Island Foundation awarded 10 grants totaling $19K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Wizard Island Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wizard Island Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wizard Island Foundation's EIN?

Wizard Island Foundation's EIN (Employer Identification Number) is 35-2470384. IRS Form 990 filing data is available on this page for 2020–2024.

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

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