Wheeler Family Charitable Foundation
- Assets
- $3.7m
- Revenue
- $538.0k
- Investments
- $3.6m
- Employees
- 0
- Location
- Somerset, PA
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 23-2938580
Organization Overview
Wheeler Family Charitable Foundation is located in Somerset, PA. The organization was established in 1998. 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. Wheeler Family Charitable 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 12/2022, Wheeler Family Charitable Foundation generated $538.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $268.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wheeler Family Charitable Foundation has awarded 154 individual grants totaling $2,474,100. 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 |
|---|---|---|---|
Joan M Wheeler Chairman-Bod & Foundation | 0.5 | $0 | |
David L Wheeler Director | 0 | $0 | |
Harold W Wheeler III Director | 0 | $0 | |
Barbara Davies Director | 1 | $0 | |
Paul J Wheeler Director | 0 | $0 | |
Somerset Trust Company Trustee | 5 | $27,251 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $279,594 |
| Interest on Savings | $27,649 |
| Dividends & Interest | $98,382 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $132,250 |
| Capital Gain Net Income | $132,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $111 |
| Total Revenue | $537,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,251 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $108 |
| Total operating and administrative expenses | $40,881 |
| Contributions, gifts, grants paid | $227,500 |
| Total expenses and disbursements | $268,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,028 |
| 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 | $20,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,706,280 |
| 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, Wheeler Family Charitable Foundation has awarded $227,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DISEASE RESEARCH CENTER (UPMC) PURPOSE: UNRESTRICTED CONTRIBUTION | $10,000 |
BAKERSVILLE VOLUNTEER FIRE DEPARTMENT OF JEFFERSON TWP PURPOSE: UNRESTRICTED CONTRIBUTION | $1,000 |
CAMP PARC PURPOSE: UNRESTRICTED CONTRIBUTION | $10,000 |
COMMUNITY FOUNDATION FOR THE ALLEGHENIES PURPOSE: RESTRICTED DONATION BEYOUTIFUL FUND | $1,000 |
COMMUNITY FOUNDATION FOR THE ALLEGHENIES PURPOSE: RESTRICTED CONTRIBUTION CHILDCARE WORKS, SOMERSET | $1,000 |
HISTORICAL & GENEALOGICAL SOCIETY PURPOSE: UNRESTRICTED CONTRIBUTION | $1,500 |