WSDC Foundation is a private family foundation established in 2006, based in Minneapolis, Minnesota. The foundation is designated as a 501(c)(3) organization and operates as a grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55.8M
+17.4% YoY
Annual Giving
$2.0M
-34.0% YoY
Grant Count
25
-24.2% YoY
Avg Grant Size
$82K
-12.9% YoY
Under IRS private-foundation payout rules, Wsdc Foundation reported a distributable amount of $3.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is a family foundation of the Keinath family in Minneapolis that primarily funds unrestricted grants. Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Animal Welfare
- Homeless Services and Housing Assistance
Grantmaking
The foundation awarded 23 grants in 2024, with total giving of $2,040,000. Recent grantees include:
Grant Range
$5,000–$600,000
Average Grant
amount: $90,865 (for unrestricted grants)
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Missouri, Colorado, and Montana.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $55,772,437
- Total Revenues: $11,836,014
- Total Expenses: $3,584,672
- Total Giving: $2,040,000
- Giving Rate: 7.0%
Revenue Breakdown (2024):
- Total grants and contributions: $8,100,000
- Investment income and dividends: $2,734,853
- Net gain from sale of non-inventory assets: $522,594
As of 2023:
- Total Assets: $47,521,095
- Total Revenues: $9,946,707
- Total Expenses: $4,397,461
The foundation has no employees and carries no liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,772,437 | $47,521,095 | $41,971,849 |
| Revenue | $11,836,014 | $9,946,707 | $8,597,853 |
| Expenses | $3,584,672 | $4,397,461 | $2,940,267 |
| Qualifying Distributions | $2,053,625 | $3,110,088 | $2,246,380 |
| Net Investment Income | $2,124,020 | $999,480 | $392,584 |
| Distributable Amount | $3,101,941 | $2,367,119 | $2,009,389 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Deaf Empowerment Awareness Foundation Inc ($600,000), Aspen Camp of the Deaf and Hard of Hearing ($250,000), Duo Dogs Inc ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CODE 3 RESPONSE BRENTWOOD, MO | UNRESTRICTED | $50,000 |
| DEAF EMPOWERMENT AWARENESS FOUNDATION INC WEBSTER GROVES, MO | UNRESTRICTED | $600,000 |
| DUO DOGS INC ST LOUIS, MO | UNRESTRICTED | $200,000 |
| HEARTLAND YOUTH FOUNDATION VILLA RIDGE, MO | UNRESTRICTED | $50,000 |
| HUMANE SOCIETY OF MISSOURI ST LOUIS, MO | UNRESTRICTED | $50,000 |
| INTERNATIONAL GAME FISH ASSOCIATION DANIA BEACH, FL | UNRESTRICTED | $10,000 |
| JOVIAL CONCEPTS DENVER, CO | UNRESTRICTED | $135,000 |
| LONGMEADOW RESCUE RANCH SAINT LOUIS, MO | UNRESTRICTED | $100,000 |
| MARINE TOYS FOR TOTS FOUNDATION TRIANGLE, VA | UNRESTRICTED | $10,000 |
| MONTANA COMMUNITY FOUNDATION HELENA, MT | MONTANA WILDFIRE RELIEF FUND | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Sarah Schaeffer – President/Treasurer
- Warren C Keinath – Director
- David S Keinath – Director
- Steven W Keinath – Director
- Carolyn K Rayner – Director
- Marlo Turcotte – Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH SCHAEFFER | PRESIDENT/TREASURER | 0.25 | — |
| WARREN C KEINATH | DIRECTOR | 0.25 | — |
| DAVID S KEINATH | DIRECTOR | 0.25 | — |
| STEVEN W KEINATH | DIRECTOR | 0.25 | — |
| CAROLYN K RAYNER | DIRECTOR | 0.25 | — |
| MARLO TURCOTTE | SECRETARY | 0.25 | — |
Contact Information
- Address: PO Box 5628, Minneapolis, MN 55440
- Phone: (952) 674-2800
- EIN: 20-5444923
- Tax-exempt since: December 2007
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Wsdc Foundation fund?
The foundation is a family foundation of the Keinath family in Minneapolis that primarily funds unrestricted grants. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Animal Welfare • Homeless Services and Housing Assistance
How do I apply for a grant from Wsdc Foundation?
**Grant Characteristics:** • Typical grant range: $5,000–$600,000 • Median grant amount: $50,000 • Average grant amount: $90,865 (for unrestricted grants) **Recent Activity:** The foundation awarded 23 grants in 2024, with total giving of $2,040,000. Recent grantees include: • Deaf Empowerment Awareness Foundation ($600,000) • Aspen Camp of the Deaf and Hard of Hearing ($250,000) • Duo Dogs ($200,000) **Grant Programs:** • Unrestricted grants (general purpose) • Operation Snip (animal welfare/s…
Where does Wsdc Foundation make grants?
The foundation's grantmaking focuses primarily on Missouri, Colorado, and Montana.
What size grants does Wsdc Foundation award?
In 2024, Wsdc Foundation awarded 25 grants totaling $2.0M — an average of about $82K per grant, based on its IRS Form 990 filings.
How much is Wsdc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wsdc Foundation reported a distributable amount of $3.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wsdc Foundation's EIN?
Wsdc Foundation's EIN (Employer Identification Number) is 20-5444923. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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