Wilkinson Foundation Comercia Bank
- Assets
- $6.5m
- Revenue
- $256.1k
- Investments
- $6.4m
- Employees
- 0
- Location
- Chelsea, MI
- Founding
- 06/1987
- Data as of
- 01/2024
- EIN
- 38-6497639
Organization Overview
Wilkinson Foundation Comercia Bank is located in Chelsea, MI. The organization was established in 1987. 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. Wilkinson Foundation Comercia Bank 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 01/2024, Wilkinson Foundation Comercia Bank generated $256.1k 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 (18.7%) each year. All expenses for the organization totaled $360.2k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wilkinson Foundation Comercia Bank has awarded 363 individual grants totaling $1,331,100. 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 |
|---|---|---|---|
Dr Stephen Wilkinson President | 0 | $0 | |
Guerin S Wilkinson Treasurer | 0 | $0 | |
Todd S Wilkinson Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,043 |
| Dividends & Interest | $178,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,396 |
| Capital Gain Net Income | $99,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $256,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,175 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,470 |
| Printing and publications | $0 |
| Other expenses | $366 |
| Total operating and administrative expenses | $50,715 |
| Contributions, gifts, grants paid | $309,500 |
| Total expenses and disbursements | $360,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,809 |
| Savings and temporary cash investments | $94,006 |
| 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 | $6,535,380 |
| 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, Wilkinson Foundation Comercia Bank has awarded $309,500 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVES FOR CMTY AND EVT PURPOSE: COMMUNITY | $4,000 |
AMERICAN FRIENDS OF THE BAJIO PURPOSE: COMMUNITY | $7,000 |
ARLINGTON EATS PURPOSE: COMMUNITY | $1,000 |
BAT WORLD SANCTUARY PURPOSE: COMMUNITY | $2,000 |
AVALON HOUSING PURPOSE: COMMUNITY | $6,000 |
BEAR LAKE CAMP PURPOSE: SOCIAL WELFARE | $5,000 |