West Family Foundation
- Assets
- $0.0
- Revenue
- $519.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 06/2004
- Data as of
- 12/2020
- EIN
- 20-0901141
Organization Overview
West Family Foundation is located in Memphis, TN. The organization was established in 2004. 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.
For the year ending 12/2020, West Family Foundation generated $519.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $2.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Lee West Morris President | 0 | $0 | |
Margaret Hoath West Secretary | 0 | $0 | |
Carole Wilson West Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69 |
| Dividends & Interest | $32,516 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $487,051 |
| Capital Gain Net Income | $487,051 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $519,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,045 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,882 |
| Total operating and administrative expenses | $11,927 |
| Contributions, gifts, grants paid | $2,320,927 |
| Total expenses and disbursements | $2,332,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, West Family Foundation has awarded $93,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GOLDEN CROSS SENIOR MINISTRIES PURPOSE: GENERAL OPERATING FUND | $15,000 |
THE UNIVERSITY OF TENNESSEE WEST INSTITUTE FOR CANCER RESEARCH PURPOSE: GENERAL OPERATING FUND | $20,000 |
SHELBY COUNTY LAW ENFORCEMENT FOUNDATION PURPOSE: GENERAL OPERATING FUND | $30,000 |
CHRIST UNITED METHODIST CHURCH PURPOSE: GENERAL OPERATING FUND | $28,000 |