Paul D Wasserott Foundation
- Assets
- $3.8m
- Revenue
- $280.7k
- Investments
- $2.8m
- Employees
- 0
- Location
- Dallas, PA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 04-3729982
Organization Overview
Paul D Wasserott Foundation is located in Dallas, PA. The organization was established in 2003. 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. Paul D Wasserott 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 12/2022, Paul D Wasserott Foundation generated $280.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $215.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Paul D Wasserott Foundation has awarded 129 individual grants totaling $1,487,670. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan L Jorda President | 0 | $0 | |
June A Wasserott Treasurer | 0 | $0 | |
Lynne E Pyskoty Secretary | 0 | $0 | |
Paul D Wasserott III Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $175,743 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,975 |
| Capital Gain Net Income | $104,975 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $280,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,042 |
| Total operating and administrative expenses | $59,295 |
| Contributions, gifts, grants paid | $156,000 |
| Total expenses and disbursements | $215,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $924,727 |
| 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 | $2,839,419 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,764,146 |
| 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, Paul D Wasserott Foundation has awarded $156,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHANS HOME HEALTH AND HOSPICE PURPOSE: TO SUPPORT DONEE'S ACTIVITIES | $13,000 |
DOMESTIC VIOLENCE SERVICE CENTER INC PURPOSE: TO SUPPORT DONEE'S ACTIVITIES | $13,000 |
FOUNDATIONS CHRISTIAN COUNSELING PURPOSE: TO SUPPORT DONEE'S ACTIVITIES | $13,000 |
GREATER WILKES-BARRE FAMILY YMCA PURPOSE: TO SUPPORT DONEE'S ACTIVITIES | $13,000 |
LUZERNE COUNTY CHILD ADVOCACY CENTER PURPOSE: TO SUPPORT | $13,000 |
MISSIONARY RETREAT FELLOWSHIP PURPOSE: TO SUPPORT DONEE'S ACTIVITIES | $13,000 |