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Filing year 2024

MICHAEL AND SUSAN WITT FOUNDATION

Grinnell, Iowa·EIN 42-1524509·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$37k
Total assets
$0
Total expenses
$178k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. MICHAEL AND SUSAN WITT FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$173k

Itemized grants

1

Median grant

$173k

RecipientLocationPurposeAmount
AHRENS FOUNDATIONGRINNELL, IACHARITABLE$173k
Financial trend

Revenue and expenses over time

MICHAEL AND SUSAN WITT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12k
$4k
2023
$37k
$178k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

MICHAEL AND SUSAN WITT FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about MICHAEL AND SUSAN WITT FOUNDATION

What are MICHAEL AND SUSAN WITT FOUNDATION's revenue and expenses?

In 2024, MICHAEL AND SUSAN WITT FOUNDATION reported $37k in total revenue and $178k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.