Wilson Sheehan Foundation is located in Springfield, OH. The organization was established in 2014. 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. Wilson Sheehan 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 06/2022, Wilson Sheehan Foundation generated $15.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $28.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wilson Sheehan Foundation has awarded 284 individual grants totaling $75,532,037. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Christopher E Wilson Trustee | 12 | $0 | |
| Lorraine Wilson Trustee | 8 | $0 | |
| Maureen S Massaro Executive Director | 40 | $198,000 | |
| Christopher E Wilson Trustee | 3 | $0 | |
| Lorraine Wilson Trustee | 8 | $0 | |
| Maureen S Massaro Executive Director | 40 | $198,000 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 | 
| Interest on Savings | $18 | 
| Dividends & Interest | $1,717,799 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $10,241,486 | 
| Capital Gain Net Income | $10,240,108 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $160,627 | 
| Total Revenue | $15,119,930 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $198,000 | 
| Other employee salaries and wages | $69,250 | 
| Pension plans, employee benefits | $13,362 | 
| Interest | $0 | 
| Taxes | $104,420 | 
| Depreciation | $586 | 
| Occupancy | $8,250 | 
| Travel, conferences, and meetings | $9,328 | 
| Printing and publications | $0 | 
| Other expenses | $254,203 | 
| Total operating and administrative expenses | $1,077,010 | 
| Contributions, gifts, grants paid | $27,234,809 | 
| Total expenses and disbursements | $28,311,819 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $51,073 | 
| 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 | $26,036,055 | 
| Net Land, buildings, and equipment | $3,202 | 
| Other assets | $0 | 
| Total assets | $57,339,515 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $22,509,501 | 
| 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 | $22,509,501 | 
Over the last fiscal year, Wilson Sheehan Foundation has awarded $59,028,958 in support to 152 organizations.
| Grant Recipient | Amount | 
|---|---|
| 2ND & 7 FOUNDATION PURPOSE: NEXT GENERATION GRANT | $1,000 | 
| ARTISTS FOR HUMANITY PURPOSE: MATCHING GRANT OPPORTUNITY | $100,000 | 
| BOTTOM LINE PURPOSE: BOTTOM LINE - GENERAL OPERATING | $50,000 | 
| BIG BROTHERS-BIG SISTERS OF SPRINGFIELD INC PURPOSE: YOUTH EDUCATION/CAMP | $18,000 | 
| BREAKTHROUGH NEW YORK PURPOSE: MIDDLE SCHOOL PROGRAM | $10,000 | 
| CATHOLIC SOCIAL SEVICES PURPOSE: OUR LADY OF GUADALUPE CENTER | $200,000 |