Angels Wings Foundation International Inc
- Assets
- $10.5m
- Revenue
- $1.6m
- Investments
- $10.0m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 04-3730022
Organization Overview
Angels Wings Foundation International Inc is located in Indianapolis, IN. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Angels Wings Foundation International Inc 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, Angels Wings Foundation International Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $835.6k during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Angels Wings Foundation International Inc has awarded 241 individual grants totaling $3,519,360. 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 |
|---|---|---|---|
Porntip Bui Simon President / Director | 0.5 | $0 | |
Herbert Simon Secretary / Director | 0.25 | $0 | |
Mark N Bernstein Treasurer / Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,001,531 |
| Interest on Savings | $237 |
| Dividends & Interest | $531,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,214 |
| Capital Gain Net Income | $48,921 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,470 |
| Total Revenue | $1,639,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $54,180 |
| Pension plans, employee benefits | $0 |
| Interest | $2,332 |
| Taxes | $30,830 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,531 |
| Total operating and administrative expenses | $311,186 |
| Contributions, gifts, grants paid | $524,425 |
| Total expenses and disbursements | $835,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $474,851 |
| Net Accounts receivable | $2,462 |
| 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 | $5,637,085 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,522,574 |
| 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, Angels Wings Foundation International Inc has awarded $524,425 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIP FOR TATY'ANA MELCHOR | $10,000 |
BRIGHAM YOUNG UNIVERSITY-PROVO PURPOSE: SCHOLARSHIPS, $10,000 FOR NADIA CHANTHAPHUANG, $10,000 FOR CYDNEY LEE, $10,000 FOR DESIREE KONGAO | $30,000 |
BROWN UNIVERISTY PURPOSE: SCHOLARSHIP FOR BENJAMIN DUONG STUDENT | $3,000 |
CALIFORNIA STATE UNIVERSITY FULLERT PURPOSE: SCHOLARSHIPS, $10,000 FOR KENNETH TOR SRIWONG, $10,000 FOR ISAAC RITTIKAIDACHAR | $20,000 |
CALIFORNIA STATE UNIVERSITY SAN BER PURPOSE: SCHOLARSHIP FOR ANANDA CHANATANGCHAROEN | $10,000 |
CITY COLLEGE OF SAN FRANCISCO PURPOSE: SCHOLARSHIP FOR JASMIN POOWAHIRUNTHORN | $5,000 |