Wolter Family Foundation
Wolter Family Foundation is a private foundation, based in Cornelius, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $531K in total assets. In 2025, it awarded 5 grants totaling $65K.
Wolter Family Foundation at a glance
In short: Wolter Family Foundation gave $65K across 5 grants in 2025 (avg $13K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $64,500
- +29.0% vs 2024
- Grants made (2025)
- 5
- +66.7% vs 2024
- Average grant
- $12,900
- -22.6% vs 2024
- Median grant
- $10,000
- Total assets
- $531,449
- -5.6% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Wolter Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Davidson Day School ($35K across 2 grants). Together the top 4 received $65K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Wolter Family Foundation gives
- Giving grew 215% from 2022 to 2025. Method
- In 2025 it paid out 243% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $21K (2022) to $65K (2025). In 2025 it made 5 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Davidson Day School Davidson, NC | Student and Staff Awards | $25,000 |
| American Foreign Academic Research Davidson, NC | Educational Outreach | $25,000 |
| Davidson Day School Davidson, NC | Student Scholarships | $10,000 |
| Safe Alliance Charlotte, NC | Support for Domestic Violence Victim | $2,500 |
| Team NC Charlotte, NC | Athletes in Need | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $531,449 | $36,356 | $67,978 | $64,500 | 5 | $65,750 | $27,076 |
| 2024 | $563,071 | $84,996 | $52,460 | $50,000 | 3 | $26,180 | $26,365 |
| 2023 | $530,535 | $61,024 | $43,525 | $42,500 | 3 | $43,525 | $25,862 |
| 2022 | $513,036 | $288,964 | $27,397 | $20,500 | 2 | $27,397 | $23,221 |
| 2021 | $251,469 | $251,469 | — | — | — | — | $339 |
Under IRS private-foundation payout rules, Wolter Family Foundation reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Wolter Family Foundation is led by Karen Wolter, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Karen Wolter
President
On filings since 2021
0.6 hrs/week
No compensation reported
Charles Wolter
Vice President
On filings since 2021
0.6 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Wolter Family Foundation
How much does Wolter Family Foundation give each year?
Wolter Family Foundation gave $65K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 3 grants.
What is Wolter Family Foundation's typical grant size?
Wolter Family Foundation's median grant in 2025 was $10,000, and its average grant was $12,900, across 5 grants on its 2025 IRS Form 990-PF.
Where does Wolter Family Foundation give grants?
Wolter Family Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Davidson, NC (3 grants) and Charlotte, NC (2 grants).
Does Wolter Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Wolter Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Wolter Family Foundation's largest grantees?
Wolter Family Foundation's largest 2025 grantees include Davidson Day School ($35,000 across 2 grants), American Foreign Academic Research ($25,000) and Safe Alliance ($2,500), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
How large is Wolter Family Foundation?
Wolter Family Foundation reported $531K in total assets on its 2025 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
What is Wolter Family Foundation's EIN?
Wolter Family Foundation's EIN (Employer Identification Number) is 87-3518647. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Wolter Family Foundation funds
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