Wisdom Family Foundation
- Assets
- $211.9k
- Revenue
- -$5.4k
- Investments
- $193.0k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 26-1298966
Organization Overview
Wisdom Family Foundation is located in Sarasota, 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. Wisdom 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.
Since 2020, Wisdom Family Foundation has awarded 27 individual grants totaling $173,695. 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.
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 |
|---|---|---|---|
Kristi Wisdom President | 1 | $0 | |
Jeffry Wisdom Treasurer | 1 | $0 | |
Mckenzie Wisdom Director | 1 | $0 | |
Hannah Wisdom Director | 1 | $0 | |
Lily Wisdom Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,574 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$5,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,981 |
| Total operating and administrative expenses | $3,842 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $18,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,561 |
| Savings and temporary cash investments | $12,989 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $1,308 |
| 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 | $78,159 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $211,897 |
| 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, Wisdom Family Foundation has awarded $15,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DEPAUL UNIVERSITY--XIXTALLEY CHAVEZ PURPOSE: GENERAL SUPPORT | $1,500 |
DOMINICAN UNIVERSITY--DIEGO VALDIVIA PURPOSE: GENERAL SUPPORT | $1,500 |
FOSTERING SUCCESS PURPOSE: GENERAL SUPPORT | $4,500 |
BRAINPOWER IN A BACKPACK--BURNSVILLE HIGH SCHOOL PURPOSE: GENERAL SUPPORT | $1,000 |
TRILOGY INC PURPOSE: GENERAL SUPPORT | $5,000 |
WELL CHILD CENTER PURPOSE: GENERAL SUPPORT | $1,500 |