Wsb Family Foundation
- Assets
- $11.2m
- Revenue
- $448.5k
- Investments
- $10.3m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-1204082
Organization Overview
Wsb Family Foundation is located in Albany, NY. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Wsb 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.
For the year ending 12/2022, Wsb Family Foundation generated $448.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $447.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wsb Family Foundation has awarded 446 individual grants totaling $6,454,555. 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 |
|---|---|---|---|
Walter S Borisenok President | 0 | $0 | |
Michelle C Borisenok Vice Preside | 0 | $0 | |
Michael A Borisenok Secretary | 0 | $0 | |
Nicole W Borisenok Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,438 |
| Dividends & Interest | $315,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,330 |
| Capital Gain Net Income | $129,330 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36 |
| Total Revenue | $448,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,332 |
| Total operating and administrative expenses | $53,602 |
| Contributions, gifts, grants paid | $394,249 |
| Total expenses and disbursements | $447,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $817,322 |
| 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 | $18,275 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,150,789 |
| 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, Wsb Family Foundation has awarded $394,249 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ALBANY MEDICAL CENTER FOUNDATION PURPOSE: DONATION | $700 |
15 LOVE PURPOSE: DONATION | $3,000 |
ALZHEIMER & PARKINSON ASSOC PURPOSE: DONATION | $12,000 |
AMERICAN RED CROSS OF NENY PURPOSE: DONATION | $1,500 |
ARVIN HART FIRE CO INC PURPOSE: DONATION | $100 |
BIG BROTHER BIG SISTER PURPOSE: DONATION | $10,500 |