Wrage Foundation

Private foundation · Grantmaker Dallas, TX EIN: 74-1157469

Wrage Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $22K in total assets. In 2026, it made $617 in qualifying distributions. Net investment income was $41.

Key facts about Wrage Foundation

EIN
74-1157469
Latest 990 filing
Form 990-PF, 2026
Total assets
$21,743

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$22K

-2.8% YoY

Revenue

$41

-14.6% YoY

Qualifying Distributions

$617

+16.4% YoY

Expenses

$658

+24.2% YoY

Under IRS private-foundation payout rules, Wrage Foundation reported a distributable amount of $1K for 2026 — the minimum it must pay out in qualifying distributions.

How Wrage Foundation gives

  • In 2026 it paid out 57% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

Cities

Santa FeAlbequerqueDenver

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K3 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025 0 grants2026

From 2021 to 2022, annual grant giving ranged from $20K (2022) to $720K (2021). In 2022 it made 1 grant totaling $20K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2026.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$21,743$22,360$22,842
Revenue$41$48$2
Expenses$658$530$500
Qualifying Distributions$617$530$500
Net Investment Income$41$48$2
Distributable Amount$1,081$1,107$1,136

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 18, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 29, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 7, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 25, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS July 15, 2025)
  6. Added Form 990-PF for fiscal year 2026 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Wrage Foundation is led by John B. Gunn Jr., Trustee on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2026 filing

  • John B. Gunn Jr.

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2026. "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 Wrage Foundation

How large is Wrage Foundation?

Wrage Foundation reported $22K in total assets on its 2026 IRS Form 990-PF. It paid out $617 in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Wrage Foundation operate?

Wrage Foundation has awarded grants in Colorado, New Mexico.

What is Wrage Foundation's EIN?

Wrage Foundation's EIN (Employer Identification Number) is 74-1157469. IRS Form 990 filing data is available on this page for 2021–2026.

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

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