Wilf Family Foundation
- Assets
- $74.5m
- Revenue
- $9.6m
- Investments
- $62.9m
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- 05/1966
- Data as of
- 10/2023
- EIN
- 22-6075840
Organization Overview
Wilf Family Foundation is located in Short Hills, NJ. The organization was established in 1966. 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. Wilf Family 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 10/2023, Wilf Family Foundation generated $9.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $12.4m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wilf Family Foundation has awarded 496 individual grants totaling $51,044,325. 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 |
|---|---|---|---|
Leonard Wilf President & Trustee | 1 | $0 | |
Zygmunt Wilf Vice President & Trustee | 1 | $0 | |
Mark Wilf Secretary & Trustee | 1 | $0 | |
Orin Wilf Treasurer & Trustee | 1 | $0 | |
Elizabeth Wilf Trustee | 1 | $0 | |
Elana Wilf Tanzman Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Belin Consulting | 10/30/23 | $400,000 |
Berlinrosen | 10/30/23 | $96,750 |
Apexium Financial Lp | 10/30/23 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $2,891 |
| Dividends & Interest | $3,130,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,610,883 |
| Capital Gain Net Income | $3,610,883 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,902,052 |
| Total Revenue | $9,645,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $181,538 |
| Pension plans, employee benefits | $19,925 |
| Interest | $8,866 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,824 |
| Total operating and administrative expenses | $826,568 |
| Contributions, gifts, grants paid | $11,596,100 |
| Total expenses and disbursements | $12,422,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $915,808 |
| Savings and temporary cash investments | $10,693,691 |
| 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 | $24,628,726 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $74,508,455 |
| 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, Wilf Family Foundation has awarded $11,596,100 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMITTEE FOR SHAARE ZEDEK PURPOSE: PROGRAM SUPPORT | $200,000 |
180 TURNING LIVES AROUND INC PURPOSE: EVENT SPONSORSHIP | $1,500 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: GENERAL SUPPORT | $200,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: PROGRAM SUPPORT | $200,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: PROGRAM SUPPORT | $200,000 |
AMERICAN SOCIETY FOR YAD VASHEM PURPOSE: MEMORIAL DONATION | $500 |