Wolter Family Foundation

Private foundation · Grantmaker Cornelius, NC EIN: 87-3518647

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.

Key facts about Wolter Family Foundation

In short: Wolter Family Foundation gave $65K across 5 grants in 2025 (avg $13K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
87-3518647
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$64,500
Grants made (2025)
5
Average grant
$12,900
Median grant
$10,000
Total assets
$531,449
Primary geography
North Carolina (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

$531K

-5.6% YoY

Annual Giving

$65K

+29.0% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$13K

-22.6% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

DavidsonCharlotteCramertonPanama City

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2021 2 grants2022 3 grants2023 3 grants2024 5 grants2025

From 2022 to 2025, annual grant giving ranged from $21K (2022) to $65K (2025). In 2025 it made 5 grants totaling $65K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Davidson Day School: $35K across 2 grantsDavidson Day School$35K · 2 grantsAmerican Foreign Academic Research: $25KAmerican Foreign AcademicResearch$25KSafe Alliance: $3KSafe Alliance$3KTeam NC: $2KTeam NC$2K

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

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Davidson Day School Davidson, NCStudent and Staff Awards$25,000
American Foreign Academic Research Davidson, NCEducational Outreach$25,000
Davidson Day School Davidson, NCStudent Scholarships$10,000
Safe Alliance Charlotte, NCSupport for Domestic Violence Victim$2,500
Team NC Charlotte, NCAthletes in Need$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$100K$200K$300K$400K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$531,449$563,071$530,535
Revenue$36,356$84,996$61,024
Expenses$67,978$52,460$43,525
Qualifying Distributions$65,750$26,180$43,525
Distributable Amount$27,076$26,365$25,862

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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.

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