Wadsworth Golf Charities Foundation
- Assets
- $12.0m
- Revenue
- $750.3k
- Investments
- $11.3m
- Employees
- 0
- Location
- Plainfield, IL
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 36-4028075
Organization Overview
Wadsworth Golf Charities Foundation is located in Plainfield, IL. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public 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. Wadsworth Golf Charities 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, Wadsworth Golf Charities Foundation generated $750.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $876.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wadsworth Golf Charities Foundation has awarded 224 individual grants totaling $3,722,878. 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 |
|---|---|---|---|
Leslie Wadsworth Treasurer | 10 | $8,000 | |
John Mcnair Director | 10 | $0 | |
Patrick Karnick Director | 1 | $0 | |
Eric Wadsworth President | 10 | $0 | |
Douglas Myslinski Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150 |
| Interest on Savings | $0 |
| Dividends & Interest | $346,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $403,948 |
| Capital Gain Net Income | $403,948 |
| Net ST Capital Gain | $403,948 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $750,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,617 |
| Total operating and administrative expenses | $81,345 |
| Contributions, gifts, grants paid | $795,378 |
| Total expenses and disbursements | $876,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $690,482 |
| Savings and temporary cash investments | $0 |
| 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 | $13,903 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,058,171 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,021,280 |
| 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, Wadsworth Golf Charities Foundation has awarded $795,378 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
FOREST PRESERVE DISTRICT OF KANE CO PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $125,000 |
THE FIRST TEE OF GREATER CHICAGO PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $85,000 |
East Canton, OH PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $75,000 |
Chaska, MN PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSE | $50,000 |
Champaign, IL PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $50,000 |
Provo, UT PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |