Wear Family Foundation

EIN 450896704 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2016–2023
$1.1M
19 grants · $140K avg/year
based on 8 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$10K
typical small grants · $2K–$50K
grant size
17%
balanced · 2/12 multi-year
repeat
$574K
Assets (2022)
12
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $286,400. This amount represents 25% or more of the Foundation's net assets of $931,455 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Youth Development Religion

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $58K $726K $-41K 4
2018 $26K $720K $90K 5
2019 N/A $893K $105K N/A
2020 $90K $901K $16K 1
2021 $60K $931K $132K 2
2022 $286K $574K $47K 5
2023 $596K $0 $41K 2

Grant Size Distribution

Based on 19 grants on record

Minimum
$100
25th Pctl
$2K
Median
$10K
Average
$59K
75th Pctl
$50K
Maximum
$512K

Geographic Distribution

Officers & Directors

Grants Awarded (19 total)

Purpose
Schwab Charitable Fund Lone Tree, CO $511,987 General & Unrestricted (IN-KIND GRANTS - SEE GENERAL EXPLANATION) 2023
Flatirons Community Church Lafayette, CO $200,000 Next Gen Ministry fund 2022
Flatirons Community Church Lafayette, CO $90,000 General & Unrestricted 2020
Schwab Charitable Fund Lone Tree, CO $83,819 General & Unrestricted 2023
Flatirons Community Church Lafayette, CO $50,000 General & Unrestricted 2021
Flatirons Community Church Lafayette, CO $50,000 General & Unrestricted 2016
Flatirons Community Church Lafayette, CO $45,000 Tithe program 2022
Cornerstone Christian Academy Inc Westminster, CO $30,000 Annuity's for scholarship Fund 2022
Flatirons Community Church Lafayette, CO $15,000 General & Unrestricted 2018
Sloyd Experience Louisville, CO $10,000 General & Unrestricted 2021
Sloyd Experience Louisville, CO $10,000 General & Unrestricted 2022
Hope Lives Aloi Inc Cheyenne, WY $8,500 General & Unrestricted 2018
Homes of Living Hope Inc Louisville, CO $5,000 General & Unrestricted 2016
Crucible Project Wheaton, IL $2,500 General & Unrestricted 2016
The Multiple Myeloma Research Foundation Inc Norwalk, CT $2,000 General & Unrestricted 2018
Camp Id-Ra-Ha-Je Association Bailey, CO $1,400 Camper ship program 2022
Hilltop Baptist Church Green River, WY $500 MOPS Program 2018
University of Colorado Hospital Foundation Aurora, CO $500 General & Unrestricted 2018
Amazima Ministries International Education and Emp Brentwood, TN $100 General & Unrestricted 2016

Looking for more funders like Wear Family Foundation? Open the free Texas funder database and search 178,000+ foundations by state, type, and giving size.

Want to compare open opportunities instead? Open the free Texas grant database for active grants from federal, state, foundation, and corporate funders.