Harlene And Marvin Wool Foundation
- Assets
- $24.6m
- Revenue
- $1.1m
- Investments
- $23.9m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-4519154
Organization Overview
Harlene And Marvin Wool Foundation is located in St Louis, MO. The organization was established in 2015. 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. Harlene And Marvin Wool 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, Harlene And Marvin Wool Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harlene And Marvin Wool Foundation has awarded 138 individual grants totaling $3,912,500. 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 |
|---|---|---|---|
Amye Carrigan Trustee | 0.5 | $0 | |
Denise Wool Trustee | 0.5 | $0 | |
Sandon Wool Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,482 |
| Dividends & Interest | $566,600 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $511,844 |
| Capital Gain Net Income | $511,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,081,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $139,134 |
| Contributions, gifts, grants paid | $1,597,500 |
| Total expenses and disbursements | $1,736,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $658,590 |
| 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 | $23,926,957 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,585,547 |
| 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, Harlene And Marvin Wool Foundation has awarded $1,597,500 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE LEAGUE OF ST LOUIS PURPOSE: TO TRANSFORM THE LIVES OF CHILDREN AND ADULTS THROUGH COMMUNITY PROGRAMS | $30,000 |
AUTISM SPEAKS PURPOSE: TO SUPPORT ALL PEOPLE WITH AUTISM ACROSS THE SPECTRUM AND THROUGHOUT THEIR LIFESPAN | $15,000 |
BACKSTOPPERS PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO SPOUSES AND CHILDREN OF ELIGIBLE FIRST RESPONDERS | $20,000 |
BETTER FAMILY LIFE PURPOSE: TO PROVIDE COMMUNITY SERVICE ASSISTANCE TO RESIDENTS OF THE ST. LOUIS METROPOLITAN AREA | $10,000 |
CARE TO LEARN PURPOSE: TO PROVIDE FUNDING TO MEET EMERGENT HEALTH, HUNGER, AND HYGIENE NEEDS FOR STUDENTS | $5,000 |
CARING FOR KIDS PURPOSE: TO PROVIDE ESSENTIAL RESOURCES TO ABUSED, NEGLECTED, OR AT-RISK CHILDREN IN ST. LOUIS COUNTY | $20,000 |