The Worby Charitable Foundation
- Assets
- $3.4m
- Revenue
- $56.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 08/1995
- Data as of
- 12/2023
- EIN
- 13-7031450
Organization Overview
The Worby Charitable Foundation is located in White Plains, NY. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worby Charitable 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 12/2023, Worby Charitable Foundation generated $56.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $77.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Worby Charitable Foundation has awarded 212 individual grants totaling $1,098,370. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF FUNDS TO VARIOUS AND SUNDRY UNRELATED CHARITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Worby Executive Di | 0 | $0 | |
Gary M Reing Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,923 |
| Dividends & Interest | $24,713 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,385 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,210 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,789 |
| Total operating and administrative expenses | $10,749 |
| Contributions, gifts, grants paid | $66,750 |
| Total expenses and disbursements | $77,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,628 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,438,170 |
| 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, The Worby Charitable Foundation has awarded $66,750 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH COMMITTEE PURPOSE: COMMUNITY SERVICE | $2,000 |
AVON FILM CENTER PURPOSE: EDUCATIONAL | $1,000 |
BEDFORD HILLS FREE LIBRARY PURPOSE: COMMUNITY SERVICE | $10,000 |
BEDFORD HILLS FIRE DEPT PURPOSE: COMMUNITY SERVICE | $500 |
BEDFORD HILLS VOLUNTEER AMBULANCE PURPOSE: COMMUNITY SERVICE | $500 |
BEDFORD HISTORICAL SOCIETY PURPOSE: EDUCATIONAL | $1,000 |