Wff Inc is located in Miami Beach, FL. 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. Wff 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 12/2022, Wff Inc generated $64.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $44.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wff Inc has awarded 97 individual grants totaling $330,431. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura G Wernick President | 1 | $0 | |
Kenneth A Wernick Treasurer | 1 | $0 | |
Laura G Wernick Secretary | 1 | $0 | |
Laura G Wernick Director | 1 | $0 | |
Kenneth A Wernick Director | 1 | $0 | |
Andrew Wernick Vice-President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,150 |
| Dividends & Interest | $8,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,282 |
| Capital Gain Net Income | $44,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,376 |
| Contributions, gifts, grants paid | $36,411 |
| Total expenses and disbursements | $44,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,754 |
| 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 | $668,599 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $739,353 |
| 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, Wff Inc has awarded $36,411 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UVA HEALTH PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $250 |
BRICKELL AVENUE LITERARY SOCIETY PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $275 |
MIAMI JEWISH FILM FESTIVAL PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $1,200 |
FUNDING ARTS NETWORK PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $1,236 |
TEMPLE SHIR TIKVA PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $500 |
MOUNT SINAI MEDICAL CENTER PURPOSE: TO FURTHER CHARITABLE PURPOSES OF PUBLIC CHARITY | $10,000 |