Do Well Foundation
- Assets
- $258.0k
- Revenue
- $35.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 43-1908659
Organization Overview
Do Well Foundation is located in New York, NY. The organization was established in 2001. 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. Do Well 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, Do Well Foundation generated $35.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $43.1k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin F Wallis As Required | 0 | $0 | |
Amanda Foreman As Required | 0 | $0 | |
Jonathan Barton As Required | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,751 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $4,464 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $590 |
| Other Income | $1,762 |
| Total Revenue | $35,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $615 |
| Total operating and administrative expenses | $12,091 |
| Contributions, gifts, grants paid | $30,985 |
| Total expenses and disbursements | $43,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,444 |
| Net Accounts receivable | $32,133 |
| 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 | $202,407 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $257,984 |
| Accounts payable and accrued expenses | $8,021 |
| 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 | $8,021 |
Grants Awarded
Over the last fiscal year, Do Well Foundation has awarded $30,985 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPEAKEASY FOUNDATION INC PURPOSE: TO FUND THE HOUSE OF SPEAKEASY'S MISSION TO SUPPORT AND PROMOTE THE ART OF WRITING. | $27,885 |
LADY MARGARET HALL UNIVERSITY OF OXFORD PURPOSE: TO SUPPORT THEIR MISSION TO BENEFIT SOCIETY BY THE ADVANCEMENT OF KNOWLEDGE AND UNDERSTANDING THROUGH EXCELLENCE IN EDUCATION AND RESEARCH AS A COLLEGE OF THE UNIVERSITY OF OXFORD. | $3,100 |