William Louis-Dreyfus Foundation
- Assets
- $30.3m
- Revenue
- $532.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilton, CT
- Founding
- 02/2016
- Data as of
- 08/2023
- EIN
- 46-3745686
Organization Overview
William Louis-Dreyfus Foundation is located in Wilton, CT. The organization was established in 2016. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Louis-Dreyfus 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 08/2023, William Louis-Dreyfus Foundation generated $532.7k 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 (35.3%) each year. All expenses for the organization totaled $1.6m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN ART COLLECTION FOR VIEWING BY GENERAL PUBLIC, GUIDED PUBLIC TOURS, AND DISCUSSIONS (50 TOURS DURING THE TAX YEAR TO STUDENTS, ARTISTS, ART PROFESSIONALS & COMMUNITY GROUPS).
MAINTAINING A FOUNDATION WEBSITE DISPLAYING ARTWORK AND PROVIDING INFORMATION ABOUT ARTISTS, ART LOAN PROGRAM, PUBLIC TOURS AND OFFSITE EXHIBITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Gilman President | 3 | $0 | |
Julia Hall Director | 0.25 | $0 | |
Phoebe Louis-Dreyfus Director | 0.25 | $0 | |
Robert L Costello Director | 0.13 | $0 | |
Vincent Cuono Secretary & Treasurer | 5 | $0 | |
Patrick B Fenn Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Murphy & Partners Llp | 8/30/23 | $231,024 |
Sotheby's | 8/30/23 | $177,528 |
James Fuentes Llc | 8/30/23 | $185,000 |
Wood Design Llc | 8/30/23 | $161,035 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $123,482 |
| Dividends & Interest | $32,011 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $377,225 |
| Capital Gain Net Income | $712,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $532,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $498 |
| Depreciation | $87,210 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $478,093 |
| Total operating and administrative expenses | $619,721 |
| Contributions, gifts, grants paid | $1,000,000 |
| Total expenses and disbursements | $1,619,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,274,951 |
| Savings and temporary cash investments | $4,997,102 |
| Net Accounts receivable | $221,839 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $9,248 |
| 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 | $2,388,419 |
| Other assets | $21,450,398 |
| Total assets | $30,341,957 |
| Accounts payable and accrued expenses | $170,190 |
| 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 | $170,190 |
Grants Awarded
Over the last fiscal year, William Louis-Dreyfus Foundation has awarded $1,020,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HARLEM CHILDREN'S ZONE PURPOSE: SUPPORT OF THE ORGANIZATION | $1,000,000 |
CHURCH OF SAINT EUSTACHE PURPOSE: GIFT OF ARTWORK TO CHURCH | $20,000 |