Widgeon Point Charitable Foundation

The information for Widgeon Point Charitable Foundation is as of the organization's most recent filing in December '21. This organization is located in Stamford, CT. It has been in existence for 55 years, following its founding in 1966.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Widgeon Point Charitable Foundation's NTEE code is T20, indicating that it falls under the category of Philanthropy, Voluntarism & Grantmaking Foundations. As a Private Grantmaking Foundation, the organization is a nongovernmental, nonprofit entity that manages funds and programs through its own trustees or directors. Its primary purpose is to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the organization is classified under section 3 of the Internal Revenue Code, which encompasses Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations.

Grant History

The Widgeon Point Charitable Foundation has an extensive grant history spanning seven years. Over this period, they have awarded a total of 1,062 grants, with an average check size of $17,387. On average, they award approximately 152 grants each year. The foundation has made significant contributions to various sectors, with the majority of their grants going towards Arts, Culture & Humanities (206), followed by Education (82), and Environment (62). In terms of geographical distribution, the foundation has awarded the highest number of grants in New York (507), followed by Maine (240) and Massachusetts (80). Other states that have received grants include Virginia, Connecticut, Rhode Island, and Washington, among others.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Patterson Belknap Webb & Tyler Llp
$79,958
Goulston And Storrs Llp
$700,000
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,291,226
Net Rental Income$0
Net Gain on Sale of Assets $4,657,151
Capital Gain Net Income $4,657,151
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,948,377

Grants Awarded

Over the last fiscal year, Widgeon Point Charitable Foundation has awarded $2,727,800 in support to 95 organizations.

Grant RecipientAmount

MAYO CLINIC RESEARCH

PURPOSE: GENERAL PURPOSE

$250,000

BEINECKE RARE BOOK & MANUSCRIPT LIBRARY

PURPOSE: GENERAL PURPOSE

$250,000

NY BOTANTICAL GARDENS

PURPOSE: GENERAL PURPOSE

$250,000

Portland, ME

PURPOSE: GENERAL PURPOSE

$250,000

PORTLAND COMMUNITY SQUASH

PURPOSE: GENERAL PURPOSE

$250,000

MAINE COAST HERITAGE TRUST

Org PageRecipient Profile

Topsham, ME

PURPOSE: GENERAL PURPOSE

$200,000
View Grant Profile

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