Benjamin & Fredora K Wolf Memorial Foundation
- Assets
- $3.6m
- Revenue
- $922.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1956
- Data as of
- 05/2024
- EIN
- 23-6207344
Organization Overview
Benjamin & Fredora K Wolf Memorial Foundation is located in New York, NY. The organization was established in 1956. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benjamin & Fredora K Wolf Memorial 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 05/2024, Benjamin & Fredora K Wolf Memorial Foundation generated $922.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $216.1k during the year ending 05/2024. While expenses have increased by 0.7% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marya Flanagan Treasurer | 2 | $0 | |
Sarah Hollister Trustee | 0 | $0 | |
Tyler Clauson-Wolf Secretary | 2 | $0 | |
Eavan Flanagan Trustee | 0 | $0 | |
Ned Weiss Trustee | 0 | $0 | |
Isabel Ginsberg Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $93,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $828,774 |
| Capital Gain Net Income | $828,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $922,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$2,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,749 |
| Total operating and administrative expenses | $38,843 |
| Contributions, gifts, grants paid | $177,250 |
| Total expenses and disbursements | $216,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,306 |
| Savings and temporary cash investments | $111,258 |
| 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 | $3,423,261 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,551,825 |
| 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 | $321 |
| Total liabilities | $321 |
Grants Awarded
Over the last fiscal year, Benjamin & Fredora K Wolf Memorial Foundation has awarded $174,390 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED STATEMENT OF PURPOSE: FUNDS ARE TO ASSIST MERIT STUDENTS IN OBTAINING HIGHER EDUCATION | $162,390 |
GRADUATE NETWORK- SEE ATTACHED PURPOSE: SEE LETTER ATTACHED | $12,000 |