F W Bert And Mae Dean Wheeler Foundation
- Assets
- $49.4m
- Revenue
- $2.0m
- Investments
- $45.1m
- Employees
- 0
- Location
- College Station, TX
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 26-2568303
Organization Overview
F W Bert And Mae Dean Wheeler Foundation is located in College Station, TX. The organization was established in 2008. 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. F W Bert And Mae Dean Wheeler 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 12/2021, F W Bert And Mae Dean Wheeler Foundation generated $2.0m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 56.6% per year over the past 7 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.
Since 2016, F W Bert And Mae Dean Wheeler Foundation has awarded 36 individual grants totaling $5,179,000. 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 |
|---|---|---|---|
Phil Adams Director | 0.05 | $0 | |
Ron Cowe Director | 0.05 | $0 | |
Louis Newman Secretary, Treasurer | 0.05 | $0 | |
Tom Giesenschlag Director | 0.05 | $0 | |
Donald A Adam President & Chairman | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,867 |
| Dividends & Interest | $756,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,187,039 |
| Capital Gain Net Income | $1,187,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,525 |
| Total Revenue | $2,017,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116,282 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $152,785 |
| Total operating and administrative expenses | $343,063 |
| Contributions, gifts, grants paid | $2,300,000 |
| Total expenses and disbursements | $2,643,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,024,944 |
| 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 | $125,581 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,080 |
| Net Investments - land, buildings, equipment | $2,102,500 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,214,479 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $49,353,074 |
| 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, F W Bert And Mae Dean Wheeler Foundation has awarded $2,300,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
MD ANDERSON CANCER CENTER RESEARCH PURPOSE: CANCER RESEARCH | $600,000 |
UNIVERSITY OF HOUSTON COLLEGE OF NURSING PURPOSE: GENERAL FUND | $550,000 |
Brenham, TX PURPOSE: NURSING SCHOLARSHIPS | $400,000 |
BRAZOS VALEY FOOD BANK PURPOSE: GENERAL FUND | $200,000 |
Bryan, TX PURPOSE: GENERAL FUND | $200,000 |
UNLIMITED POTENTIAL PROGRAM PURPOSE: GENERAL FUND | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |