Wolfe Foundation

Foundation · Grantmaker Long Beach, CA EIN: 20-8664298

Wolfe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $77K in total assets. In 2025, it awarded 3 grants totaling $18K.

Key facts about Wolfe Foundation

In short: Wolfe Foundation gave $18K across 3 grants in 2025 (avg $6K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
20-8664298
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$18,370
Grants made (2025)
3
Average grant
$6,123
Median grant
$6,370
Total assets
$77,371
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$77K

+80.6% YoY

Annual Giving

$18K

+42.7% YoY

Grant Count

3

-40.0% YoY

Avg Grant Size

$6K

+137.8% YoY

How Wolfe Foundation gives

  • Giving grew 197% from 2022 to 2025. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

Long BeachPasadenaGlendaleLa CrescentaLos AngelesMontrose

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K3 grants20194 grants20203 grants20214 grants20223 grants20235 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

The Music Center: $10KThe Music Center$10KPasadena Symphony Association: $6KPasadena Symphony Association$6KMarguerite Kiefer Education Center: $2KMarguerite Kiefer EducationCenter$2K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
THE MUSIC CENTER Los Angeles, CATO SUPPORT CHURCH FUNCTIONS AND ACTIVITIES.$10,000
PASADENA SYMPHONY ASSOCIATION Pasadena, CADONATION SO ASSOCIATION MAY CONTINUE TO BE A SOURCE OF CULTURAL RESOURCES FOR THE COMMUNITY.$6,370
MARGUERITE KIEFER EDUCATION CENTER Long Beach, CAFUNDS USED FOR TIDE EDUCATION AND DEVELOPMENT PROGRAM FOR URBAN YOUTH WHICH UPLIFTS AND EMPOWERS AT-RISK YOUNG PEOPLE.$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019202020212022202320242025
Metric202520242023
Total Assets$77,371$42,850$36,422
Revenue$53,846$19,924$11,530
Expenses$19,325$13,496$4,439
Qualifying Distributions$18,370$12,874$3,750
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 21, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 14, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 20, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 20, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 28, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Wolfe Foundation is led by Carol Lynn Clark, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carol Lynn Clark

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Jenny Wolfe Schwing

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Wolfe Foundation

How much does Wolfe Foundation give each year?

Wolfe Foundation gave $18K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 5 grants.

What is Wolfe Foundation's typical grant size?

Wolfe Foundation's median grant in 2025 was $6,370, and its average grant was $6,123, across 3 grants on its 2025 IRS Form 990-PF.

Where does Wolfe Foundation give grants?

Wolfe Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Wolfe Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Wolfe Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Wolfe Foundation?

Wolfe Foundation reported $77K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $54K.

What is Wolfe Foundation?

Wolfe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. It holds $77K in total assets as of 2025.

What is Wolfe Foundation's EIN?

Wolfe Foundation's EIN (Employer Identification Number) is 20-8664298. IRS Form 990 filing data is available on this page for 2019–2025.

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

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