F Thomas & Patricia D Westcott Foundation
- Assets
- $841.1k
- Revenue
- $69.6k
- Investments
- $818.1k
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 04-3254505
Organization Overview
F Thomas & Patricia D Westcott Foundation is located in St Petersburg, FL. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F Thomas & Patricia D Westcott Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, F Thomas & Patricia D Westcott Foundation generated $69.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $73.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, F Thomas & Patricia D Westcott Foundation has awarded 38 individual grants totaling $166,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,837 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,754 |
| Capital Gain Net Income | $46,754 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,792 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,827 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $73,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,007 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $841,108 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, F Thomas & Patricia D Westcott Foundation has awarded $60,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
STURDY MEMORIAL FOUNDATION INC PURPOSE: GENERAL SUPPORT | $6,000 |
HOCKOMOCK AREA YMCA PURPOSE: GENERAL SUPPORT | $6,000 |
NEW HOPE INC PURPOSE: CHARITABLE | $7,500 |
YMCA OF ATTLEBORO PURPOSE: GENERAL SUPPORT | $8,500 |
ARNOLD L ANDERSON HOUSE INC PURPOSE: CHAIRTABLE | $5,000 |
FRIENDS OF MOUNT HOPE CEMETARY PURPOSE: GENERAL SUPPORT | $500 |