Wrec Educational Foundation Inc logo

Wrec Educational Foundation Inc

Public charity · Grantmaker Dade City, FL EIN: 59-3407203 Website

Accumulate and disburse funds for educational purposes in the service area of withlacoochee river electric cooperative, inc.

Key facts about Wrec Educational Foundation Inc

EIN
59-3407203
Latest 990 filing
Form 990, 2025
Total assets
$11,966,053

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$12.0M

+16.2% YoY

Revenue

$2.6M

+8.0% YoY

Net Investment Income

$444K

-2.4% YoY

Expenses

$894K

+11.3% YoY

About Wrec Educational Foundation Inc

Based on IRS filings

Wrec Educational Foundation Inc is a public charity focused on Education, based in Dade City, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.0M in total assets. Net investment income was $444K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

New Port RicheyBrooksvilleInvernessLand Olakes

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2019 Total only2020 4 grants2021 1 grant2022 1 grant2023 0 grants2024 0 grants2025

From 2020 to 2023, annual grant giving ranged from $3K (2020) to $751K (2021). In 2023 it made 1 grant totaling $152K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

<$50K1$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 6 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$11,966,053$10,300,706$8,734,441
Revenue$2,559,423$2,369,687$1,913,418
Expenses$894,076$803,422$1,098,735
Net Investment Income$444,286$455,208$366,309

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 3, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 1, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  4. Added Form 990 for fiscal year 2019 (received by the IRS June 23, 2020)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS April 12, 2021)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Wrec Educational Foundation Inc is led by Terrence E. Schrader, President on every filing since 2019; none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Terrence E. Schrader

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • David S. Hunnicutt

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Desmond G. Little

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kimberly L. Kinney

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Paul R. Little

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Barthle

    Trustee & Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joseph Marina

    Director - New

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Alan F. Hengesbach

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Patricia P. Bechtelheimer

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert W. Strickland

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • David B. Lambert II

    Executive Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Billy E. Brown (2019–2023) — Executive Vice President Thr
  • Former: Robert Huss (2019–2021) — Director · Filing note: Through 721

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 Wrec Educational Foundation Inc

How large is Wrec Educational Foundation Inc?

Wrec Educational Foundation Inc reported $12.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.

What is Wrec Educational Foundation Inc?

Wrec Educational Foundation Inc is a public charity focused on Education, based in Dade City, FL. It holds $12.0M in total assets as of 2025.

Where does Wrec Educational Foundation Inc operate?

Wrec Educational Foundation Inc has awarded grants in Florida.

What is Wrec Educational Foundation Inc's EIN?

Wrec Educational Foundation Inc's EIN (Employer Identification Number) is 59-3407203. IRS Form 990 filing data is available on this page for 2019–2025.

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

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