Westport Fund
- Assets
- $5.1m
- Revenue
- $141.8k
- Investments
- $4.7m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1944
- Data as of
- 12/2022
- EIN
- 44-6007971
Organization Overview
Westport Fund is located in Washington, DC. The organization was established in 1944. 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. Westport Fund 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, Westport Fund generated $141.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $413.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Westport Fund has awarded 329 individual grants totaling $733,500. 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 |
|---|---|---|---|
Gail Mcgreevy Harmon Director/president | 1 | $0 | |
Doug Green Director | 1 | $0 | |
Eve H Bould Director | 1 | $0 | |
Colin Mcnay Director | 1 | $0 | |
Pam Mcgreevy Director/secretary | 1 | $0 | |
Stuart Green Director/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $215,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$76,739 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,500 |
| Total Revenue | $141,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,963 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $30,532 |
| Contributions, gifts, grants paid | $383,000 |
| Total expenses and disbursements | $413,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,269 |
| Savings and temporary cash investments | $309,387 |
| 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 | $1,016 |
| Total assets | $5,068,767 |
| 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, Westport Fund has awarded $383,000 in support to 160 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: CHARITABLE PURPOSES | $1,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE PURPOSES | $1,000 |
ANIMAL CANCER FOUNDATION PURPOSE: CHARITABLE PURPOSES | $5,000 |
AUTISM UP PURPOSE: CHARITABLE PURPOSES | $1,000 |
BARTH SYNDROME FOUNDATION PURPOSE: CHARITABLE PURPOSES | $2,500 |
BELOVED YOUTH MOVING FORWARD PURPOSE: CHARITABLE PURPOSES | $2,000 |