World Wide Technology Foundation
- Assets
- $7.9m
- Revenue
- $5.0m
- Investments
- $4.2m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 02/2009
- Data as of
- 12/2019
- EIN
- 26-3571211
Organization Overview
World Wide Technology Foundation is located in St Louis, MO. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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.
For the year ending 12/2019, World Wide Technology Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $7.3m during the year ending 12/2019. While expenses have increased by 18.6% per year over the past 5 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, World Wide Technology Foundation has awarded 993 individual grants totaling $25,146,801. 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 |
|---|---|---|---|
Ann Marr Director / Secretary | 2 | $0 | |
Joseph G Koenig President | 0.1 | $0 | |
James P Kavanaugh Director | 0.1 | $0 | |
Thomas W Strunk Treasurer | 0.1 | $0 | |
David L Steward Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,735,346 |
| Interest on Savings | $4,460 |
| Dividends & Interest | $155,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $145,365 |
| Capital Gain Net Income | $145,330 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,040,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,490 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $259,714 |
| Total operating and administrative expenses | $285,204 |
| Contributions, gifts, grants paid | $6,990,572 |
| Total expenses and disbursements | $7,275,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,719,065 |
| 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 | $4,182,885 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $16 |
| Total assets | $7,901,966 |
| 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, World Wide Technology Foundation has awarded $6,990,572 in support to 236 organizations.
| Grant Recipient | Amount |
|---|---|
Fenton, MO PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $600,000 |
St Louis, MO PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $552,787 |
St Louis, MO PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $500,000 |
VARIETY - THE CHILDREN'S CHARITY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $427,554 |
St Louis, MO PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $333,333 |
St Louis, MO PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $325,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pritzker Traubert Foundation Chicago, IL | $257,797,168 | $12,933,174 |
Roy J Carver Charitable Tr Muscatine, IA | $233,424,982 | $13,201,596 |
Builders Initiative Bentonville, AR | $484,566,138 | $46,396,757 |
Saul Zaentz Charitable Foundation Glenview, IL | $40,497,645 | $10,367,778 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $330,907,023 | $12,488,261 |
Joseph W Craft Iii Foundation Tulsa, OK | $107,043,900 | $13,770,647 |
Plough Foundation Memphis, TN | $42,045,555 | $3,806,105 |
Chicagobeyond Inc Chicago, IL | $414,001 | $283,213 |
The Walsh Foundation Chicago, IL | $171,822,646 | $7,263,093 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $0 | $7,104,775 |
The Justin And Valerie Blair Potter Foundation Chicago, IL | $4,050,278 | $437,192 |
The Helmerich Trust Tulsa, OK | $96,668,399 | $14,406,750 |