William & Mary Greve Foundation Inc
- Assets
- $17.2m
- Revenue
- $345.6k
- Investments
- $15.6m
- Employees
- 0
- Location
- Norfolk, CT
- Founding
- 04/1965
- Data as of
- 12/2022
- EIN
- 13-6020724
Organization Overview
William & Mary Greve Foundation Inc is located in Norfolk, CT. The organization was established in 1965. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William & Mary Greve Foundation 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, William & Mary Greve Foundation Inc generated $345.6k 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 (19.4%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William & Mary Greve Foundation Inc has awarded 855 individual grants totaling $32,645,561. 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 |
|---|---|---|---|
John W Kiser III Chairman, Director | 30 | $83,500 | |
Anthony Cm Kiser President, Director | 30 | $135,500 | |
Jennifer Franklin Secretary | 1 | $0 | |
James Mott Clark Jr Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Select Equity Group | 12/30/23 | $101,226 |
Marcum Llp | 12/30/23 | $62,968 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30,344 |
| Dividends & Interest | $138,233 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,123 |
| Capital Gain Net Income | $184,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,130 |
| Total Revenue | $345,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $219,000 |
| Other employee salaries and wages | $206,141 |
| Pension plans, employee benefits | $175,278 |
| Interest | $0 |
| Taxes | $1,219 |
| Depreciation | $10,715 |
| Occupancy | $84,555 |
| Travel, conferences, and meetings | $47,954 |
| Printing and publications | $0 |
| Other expenses | $39,868 |
| Total operating and administrative expenses | $1,207,680 |
| Contributions, gifts, grants paid | $3,116,994 |
| Total expenses and disbursements | $4,324,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,875 |
| Savings and temporary cash investments | $1,245,518 |
| 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 | $199 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,360,374 |
| Net Land, buildings, and equipment | $150,548 |
| Other assets | $60,696 |
| Total assets | $17,185,776 |
| Accounts payable and accrued expenses | $66,180 |
| 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 | $92,570 |
| Total liabilities | $158,750 |
Grants Awarded
Over the last fiscal year, William & Mary Greve Foundation Inc has awarded $5,312,935 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT E MARKS CHARITABLE TRUST PURPOSE: IN SUPPORT OF GREVE GRANTEE AND ALLY RETREAT. | $22,000 |
AMERICAN AGORA FOUNDATION FBO LAPHAM'S QUARTERLY PURPOSE: IN SUPPORT OF LAPHAM'S QUARTERLY. | $25,000 |
ARTS IGNITE FBO ARTS INSIDE OUT PURPOSE: IN SUPPORT OF CULTIVATING COMMUNITY CREATIVITY CAPACITY AND COURAGE IN YOUNG PEOPLE THROUGH A RANGE OF ART AND MUSIC. | $15,000 |
BELLE MEADE EDUCATIONAL RESOURCES CENTER PURPOSE: FOR GENERAL OPERATING SUPPORT. | $45,000 |
BROOKLYN INSTITUTE OF ARTS AND SCIENCES AKA BROOKLYN MUSEUM PURPOSE: FOR GENERAL OPERATING SUPPORT. | $25,000 |
CENTER FOR RELIGION AND DIPLOMACY PURPOSE: FOR GENERAL OPERATING SUPPORT. | $50,000 |