Wolfe Fam Charitable Foundation Tr
- Assets
- $11.6m
- Revenue
- $1.3m
- Investments
- $11.2m
- Employees
- 0
- Location
- Sylvania, OH
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 34-1756997
Organization Overview
Wolfe Fam Charitable Foundation Tr is located in Sylvania, OH. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolfe Fam Charitable Foundation Tr 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 12/2023, Wolfe Fam Charitable Foundation Tr generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $836.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wolfe Fam Charitable Foundation Tr has awarded 336 individual grants totaling $4,277,199. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth T Wolfe Trustee | 0.9 | $0 | |
Christine W Nichols Trustee | 0.9 | $0 | |
Frederica R Wolfe Chair | 0.9 | $0 | |
William A Nichols Non-Voting Trustee | 1.5 | $0 | |
John D Held Trustee | 0.9 | $0 | |
Nishma Held Non-Voting Trustee | 0.9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,709 |
| Dividends & Interest | $253,836 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,012,748 |
| Capital Gain Net Income | $1,012,748 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,305,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,025 |
| Printing and publications | $0 |
| Other expenses | $1,756 |
| Total operating and administrative expenses | $111,502 |
| Contributions, gifts, grants paid | $725,000 |
| Total expenses and disbursements | $836,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $350,655 |
| 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 | $2,298,014 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,574,190 |
| 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 | $48,400 |
| Total liabilities | $48,400 |
Grants Awarded
Over the last fiscal year, Wolfe Fam Charitable Foundation Tr has awarded $725,000 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS - NW OHIO CHAPTER PURPOSE: TO SUPPORT | $7,500 |
ARTSPACELIMA PURPOSE: TO SUPPORT | $25,000 |
AMMONOOSUC CONSERVATION TRUST PURPOSE: TO SUPPORT | $25,000 |
BREATHE SOUTHERN CALIFORNIA PURPOSE: TO SUPPORT | $3,000 |
CATHOLIC CHARITIES DIOCESE OF TOLEDO PURPOSE: HELPING HANDSOPPORTUNITY KITCHEN | $10,000 |
CHERRY STREET MISSION MINISTRIES PURPOSE: TO SUPPORT | $25,000 |