Wormald Family Foundation Inc

Organization Overview

Wormald Family Foundation Inc is located in Potomac, MD. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Wormald Family 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 05/2022, Wormald Family Foundation Inc generated $120.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $110.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Wormald Family Foundation Inc has awarded 71 individual grants totaling $465,500. 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 $120,000
Interest on Savings $92
Dividends & Interest $118
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $40
Total Revenue $120,250

Grants Awarded

Over the last fiscal year, Wormald Family Foundation Inc has awarded $100,000 in support to 31 organizations.

Grant RecipientAmount

YOUNG LIFE

PURPOSE: GENERAL SUPPORT

$11,000

LEADING THE WAY

PURPOSE: GENERAL SUPPORT

$10,000

GOOD NEWS BIBLE CHURCH

Org PageRecipient Profile

Chicago, IL

PURPOSE: GENERAL SUPPORT

$10,000

FAMILY RESEARCH COUNCIL

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$10,000

ICM

PURPOSE: GENERAL SUPPORT

$10,000

CHI ALPHA CAMPUS MINISTRIES

PURPOSE: GENERAL SUPPORT

$6,000
View Grant Profile

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