Wear Family Foundation
- Assets
- $0.0
- Revenue
- $40.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2013
- Data as of
- 07/2023
- EIN
- 45-0896704
Organization Overview
Wear Family Foundation is located in Wilmington, DE. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Wear Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Wear Family Foundation has awarded 26 individual grants totaling $1,056,306. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mackenzie Faris Dir | 1 | $0 | |
Barton W Wear Pres, Dir, Sec | 1 | $0 | |
Joshua Wear Dir | 1 | $0 | |
Kathryn Wear Vp, Dir | 1 | $0 | |
Zacharias Wear Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $893 |
| Dividends & Interest | $1,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,147 |
| Capital Gain Net Income | $60,027 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,127 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,095 |
| Total operating and administrative expenses | $9,009 |
| Contributions, gifts, grants paid | $595,806 |
| Total expenses and disbursements | $604,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| 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, Wear Family Foundation has awarded $595,806 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE FUND PURPOSE: GENERAL & UNRESTRICTED (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | $511,987 |
SCHWAB CHARITABLE FUND PURPOSE: GENERAL & UNRESTRICTED | $83,819 |