Botwinick-Wolfensohn Foundation Inc
- Assets
- $20.1m
- Revenue
- $1.0m
- Investments
- $20.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1953
- Data as of
- 12/2023
- EIN
- 13-6111833
Organization Overview
Botwinick-Wolfensohn Foundation Inc is located in New York, NY. The organization was established in 1953. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Botwinick-Wolfensohn 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 12/2023, Botwinick-Wolfensohn Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 5.6% 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, Botwinick-Wolfensohn Foundation Inc has awarded 466 individual grants totaling $8,085,318. 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 |
|---|---|---|---|
Sara R Wolfensohn President | 1 | $0 | |
Adam R Wolfensohn Vice President | 1 | $0 | |
Naomi R Wolfensohn Treasurer | 1 | $0 | |
Andrew Botwinick Secretary | 1 | $0 | |
Edward Botwinick Director | 1 | $0 | |
Victoria Brown Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $620,000 |
| Interest on Savings | $8,147 |
| Dividends & Interest | $386,205 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $236 |
| Capital Gain Net Income | $236 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,014,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,413 |
| Total operating and administrative expenses | $40,209 |
| Contributions, gifts, grants paid | $1,080,500 |
| Total expenses and disbursements | $1,120,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,692 |
| Savings and temporary cash investments | $100,320 |
| 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 | $8,287,962 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $35,778 |
| Total assets | $20,128,215 |
| 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 | $13,466 |
| Total liabilities | $13,466 |
Grants Awarded
Over the last fiscal year, Botwinick-Wolfensohn Foundation Inc has awarded $1,080,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY PURPOSE: CONTRIBUTION TO LAMONT-DOHERTY EARTH OBSERVATORY | $500,000 |
COLUMBIA UNIVERSITY PURPOSE: CONTRIBUTION TO SCHOOL OF ENGINEERING | $500,000 |
GRAND TETON MUSIC FESTIVAL PURPOSE: CONTRIBUTION IN SUPPORT OF FESTIVAL'S ENGAGEMENT AND EDUCATION PROGRAM HONORING MEMORY OF ELAINE AND JAMES WOLFENSOHN | $25,000 |
STORYCORPS PURPOSE: GENERAL CONTRIBUTION | $2,500 |
YALE UNIVERSITY PURPOSE: CONTRIBUTION TO SCHOOL OF ENVIRONMENT ANNUAL FUND | $10,000 |
PRINCETON UNIVERSITY PURPOSE: CONTRIBUTION TO THE ANNUAL GIVING CLASS OF 1992 | $15,000 |