Wendys Foundation
- Assets
- $1.0m
- Revenue
- $355.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 31-1807834
Organization Overview
Wendys Foundation is located in Dublin, OH. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Wendys 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 12/2022, Wendys Foundation generated $355.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.5%) each year. All expenses for the organization totaled $429.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wendys Foundation has awarded 85 individual grants totaling $1,767,500. 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 |
|---|---|---|---|
Leigh A Burnside Treasurer | 1 | $0 | |
Liliana M Esposito President | 1 | $0 | |
Todd A Penegor Chief Executive Officer | 1 | $0 | |
Kirk A Vidra Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $355,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $355,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,848 |
| Total operating and administrative expenses | $2,048 |
| Contributions, gifts, grants paid | $427,500 |
| Total expenses and disbursements | $429,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,546 |
| Savings and temporary cash investments | $1,008,866 |
| 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 | $1,032,412 |
| 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, Wendys Foundation has awarded $427,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
CASA VALENTINA PURPOSE: THEIR MISSION IS TO PROVIDE AT-RISK AND FORMER FOSTER CARE YOUTH WITH SAFE AFFORDABLE HOUSING LIFE SKILLS AND CONTINUED SUPPORT SO THAT THEY CAN ACHIEVE AND MAINTAIN SELF-SUFFICIENCY. | $5,000 |
CRISIS TEXT LINE PURPOSE: SERVES ANYONE IN ANY TYPE OF MENTAL HEALTH CRISIS PROVIDING ACCESS TO FREE 24 7 SUPPORT VIA A MEDIUM PEOPLE ALREADY USE AND TRUST: TEXT. | $5,000 |
NORTHWEST MICHIGAN COMMUNITY ACTION AGENCY PURPOSE: TO HELP PEOPLE BY LINKING SERVICES RESOURCES AND OPPORTUNITIES THROUGH DEVELOPING AND PROVIDING RESOURCES FOR THE PURPOSES OF ASSISTING LOW-INCOME INDIVIDUALS THROUGH A VARIETY OF PROGRAMS IN ANTRIM BENZIE CHARLEVOIX EMMET GRAND TRAVERSE KALKASKA LEELANAU MISSAUKEE ROSCOMMON AND WEXFORD COUNTIES IN MICHIGAN. | $5,000 |
FOSTER SOURCE PURPOSE: TO PROVIDE RELEVANT TRAINING RESOURCES AND SUPPORT TO FOSTER PARENTS FROM A TRAUMA-INFORMED APPROACH GIVING THEM THE SKILLS AND CONFIDENCE TO SPARK HEALING IN VULNERABLE CHILDREN. WE SERVE THE STATE OF COLORADO. | $7,500 |
CATERINA'S CLUB PURPOSE: TO PROVIDE WARM MEALS AFFORDABLE HOUSING ASSISTANCE AND JOB TRAINING TO HOMELESS AND LOW-INCOME FAMILIES THROUGHOUT ORANGE COUNTY. | $10,000 |
MID-OHIO FOODBANK PURPOSE: THIS ORGANIZATION WORKS TO END HUNGER ONE NOURISHING MEAL AT A TIME WHILE CO-CREATING SUSTAINABLE COMMUNITIES WHERE EVERYONE THRIVES. | $25,000 |