Witzel Family Foundation
- Assets
- $2.8m
- Revenue
- $205.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 26-3239496
Organization Overview
Witzel Family Foundation is located in Sheridan, WY. 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. Witzel 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 12/2021, Witzel Family Foundation generated $205.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $214.5k during the year ending 12/2021. While expenses have increased by 3.6% 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 2015, Witzel Family Foundation has awarded 53 individual grants totaling $1,206,718. 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 |
|---|---|---|---|
David J Nicolarsen Treasurer | 5 | $5,874 | |
Frederick E Kehrwald Vice Preside | 1 | $0 | |
Karen E Nicolarsen Secretary | 1 | $0 | |
Michael J Evers Director | 1 | $0 | |
Mary Beth Evers President | 1 | $0 | |
Elizabeth Craft Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $65,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $140,599 |
| Capital Gain Net Income | $140,599 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $205,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,874 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,844 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,384 |
| Printing and publications | $0 |
| Other expenses | $1,000 |
| Total operating and administrative expenses | $19,954 |
| Contributions, gifts, grants paid | $194,551 |
| Total expenses and disbursements | $214,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,326 |
| Savings and temporary cash investments | $288,309 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,813,112 |
| Accounts payable and accrued expenses | $352 |
| 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 | $352 |
Grants Awarded
Over the last fiscal year, Witzel Family Foundation has awarded $194,551 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MUSIC SCHOLARSHIPS TO PURPOSE: MUSIC SCHOLARSHIPS | $89,012 |
ST PETER'S EPISCOPAL CHURCH PURPOSE: MUSIC PROGRAMS | $60,000 |
SHERIDAN COLLEGE FOUNDATION PURPOSE: PERFORMANCES & BAND INSTRUMENTS | $19,095 |
Sheridan, WY PURPOSE: EDUCATIONAL PROGRAMS | $9,000 |
WYO THEATER INC PURPOSE: MUSIC PROGRAMS | $7,683 |
SHERIDAN COUNTY YMCA PURPOSE: UNIFORMS & MUSIC FOR 70 STUDENTS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |