Toni A Wisne Foundation
- Assets
- $31.4m
- Revenue
- $1.9m
- Investments
- $31.3m
- Employees
- 0
- Location
- Novi, MI
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-4120018
Organization Overview
Toni A Wisne Foundation is located in Novi, MI. The organization was established in 2006. 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. Toni A Wisne 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, Toni A Wisne Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 53.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Toni A Wisne Foundation has awarded 129 individual grants totaling $8,290,934. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph L Wisne President, Secretary, Director | 30 | $101,000 | |
Steven E Davis Treasurer, Director | 30 | $107,250 | |
Steven J Lebowski Secretary, Director | 20 | $18,250 | |
Madelyn J Wisne Director | 40 | $87,050 | |
Joseph L Wisne Jr Director | 3 | $20,000 | |
Samuel Lebowski Director | 5 | $13,333 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust Company | 12/30/23 | $142,133 |
Greenleaf Trust | 12/30/23 | $91,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $870,347 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,059,797 |
| Capital Gain Net Income | $1,059,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,930,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $346,883 |
| Other employee salaries and wages | $31,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,950 |
| Depreciation | $0 |
| Occupancy | $8,880 |
| Travel, conferences, and meetings | $2,797 |
| Printing and publications | $0 |
| Other expenses | $25,659 |
| Total operating and administrative expenses | $681,033 |
| Contributions, gifts, grants paid | $1,649,300 |
| Total expenses and disbursements | $2,330,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,395 |
| 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 | $4,252,335 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,435,259 |
| 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, Toni A Wisne Foundation has awarded $1,649,300 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION OF MICHIGAN PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $100,000 |
BEAUMONT HEALTH FOUNDATION PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $125,500 |
BUILDING BEDS 4 KIDS PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $25,000 |
CAMP KESEM NATIONAL PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $40,000 |
CAPUCHIN SOUP KITCHEN PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $50,000 |
CARLS FAMILY YMCA PURPOSE: USE CONSISTENT WITH 501(C)(3) STATUS | $25,000 |