Wolf & Company Charitable Foundation Inc is located in Boston, MA. The organization was established in 2007. 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. Wolf & Company Charitable 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 12/2023, Wolf & Company Charitable Foundation Inc generated $109.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $75.7k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 5 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 2020, Wolf & Company Charitable Foundation Inc has awarded 304 individual grants totaling $280,790. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald R Gagne President/director | 1 | $0 | |
Teresa Prezioso Treasurer/director | 1 | $0 | |
Hillary Burr Director | 1 | $0 | |
Thomas Vocatura Director | 1 | $0 | |
Scott Goodwin Secretary/director | 1 | $0 | |
Mark O'connell Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $109,641 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $109,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $35 |
| Contributions, gifts, grants paid | $75,712 |
| Total expenses and disbursements | $75,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,225 |
| 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 | $65,225 |
| 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 |
Over the last fiscal year, Wolf & Company Charitable Foundation Inc has awarded $75,712 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
THE DAVID SHELDRICK WILDLIFE TRUST PURPOSE: EXEMPT PURPOSE | $250 |
NFG CAMBRIDGE COMMUNITY FOUNDATION PURPOSE: EXEMPT PURPOSE | $500 |
FIRST UNITED METHODIST CHURCH PURPOSE: EXEMPT PURPOSE | $2,750 |
MUTT RESCUE INC PURPOSE: EXEMPT PURPOSE | $258 |
NEIGHBORHOOD FUNDERS GROUP PURPOSE: EXEMPT PURPOSE | $1,258 |
BOSTON CHILDRE'S HOSPITAL TRUST PURPOSE: EXEMPT PURPOSE | $2,500 |