Wikstrom Foundation 40-585500b
- Assets
- $1.7m
- Revenue
- $60.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1961
- Data as of
- 12/2023
- EIN
- 14-6014286
Organization Overview
Wikstrom Foundation 40-585500b is located in Dallas, TX. The organization was established in 1961. 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. Wikstrom Foundation 40-585500b 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, Wikstrom Foundation 40-585500b generated $60.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $141.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wikstrom Foundation 40-585500b has awarded 31 individual grants totaling $404,820. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,359 |
| Capital Gain Net Income | $9,359 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,765 |
| Total Revenue | $60,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,109 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,381 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,224 |
| Total operating and administrative expenses | $5,364 |
| Contributions, gifts, grants paid | $135,620 |
| Total expenses and disbursements | $140,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,879 |
| 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 | $1,736,254 |
| 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, Wikstrom Foundation 40-585500b has awarded $135,620 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE PALM BEACH OPERA PURPOSE: UNRESTRICTED GENERAL | $5,000 |
ST EDWARDS CATHOLIC CHURCH PURPOSE: UNRESTRICTED GENERAL | $5,000 |
LE MOYNE COLLEGE PURPOSE: UNRESTRICTED GENERAL | $10,000 |
ST MARY'S OF THE LAKE CHURCH PURPOSE: UNRESTRICTED GENERAL | $5,000 |
SKANEATELES FESTIVAL INC PURPOSE: UNRESTRICTED GENERAL | $15,000 |
FRANCIS HOUSE PURPOSE: UNRESTRICTED GENERAL | $10,000 |