Wolter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 3 grants totaling $50K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$563K
+6.1% YoY
Annual Giving
$50K
+17.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$17K
+17.6% YoY
Under IRS private-foundation payout rules, Wolter Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Wolter Family Foundation
Based on IRS filings
Wolter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 3 grants totaling $50K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $563,071 | $530,535 | $513,036 |
| Revenue | $84,996 | $61,024 | $288,964 |
| Expenses | $52,460 | $43,525 | $27,397 |
| Qualifying Distributions | $26,180 | $43,525 | $27,397 |
| Net Investment Income | — | — | — |
| Distributable Amount | $26,365 | $25,862 | $23,221 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Davidson Day School ($25,000), Davidson Day School ($15,000), Gulf Coast State College Athletics ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DAVIDSON DAY SCHOOL DAVIDSON, NC | SCHOLARSHIP SUPPORT GRANT | $25,000 |
| GULF COAST STATE COLLEGE ATHLETICS PANAMA CITY, FL | ATHLETICS | $10,000 |
| DAVIDSON DAY SCHOOL DAVIDSON, NC | WOLTER FIELD RENOVATION PROJECT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN WOLTER | PRESIDENT | — | — |
| CHARLES WOLTER | VP | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wolter Family Foundation?
Wolter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. It holds $563K in total assets as of 2024.
How large is Wolter Family Foundation?
As of 2024, Wolter Family Foundation holds $563K in total assets with $85K in annual revenue. It awarded 3 grants totaling $50K in 2024.
Where does Wolter Family Foundation operate?
Wolter Family Foundation has awarded grants in Florida, North Carolina.
What size grants does Wolter Family Foundation award?
In 2024, Wolter Family Foundation awarded 3 grants totaling $50K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Wolter Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wolter Family Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Wolter Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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