Wilson Garling Foundation Nfp is located in Albany, NY. The organization was established in 2016. 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. Wilson Garling Foundation Nfp 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 12/2023, Wilson Garling Foundation Nfp generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wilson Garling Foundation Nfp has awarded 89 individual grants totaling $7,056,833. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill M Garling President, Director | 2 | $0 | |
Thomas J Wilson Vice President, Director | 2 | $0 | |
William Fausone Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,978 |
| Dividends & Interest | $833,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $287,546 |
| Capital Gain Net Income | $287,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,124,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,570 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $16,660 |
| Contributions, gifts, grants paid | $1,980,000 |
| Total expenses and disbursements | $1,996,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $390,887 |
| 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 | $11,752,403 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,336,012 |
| 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 |
Over the last fiscal year, Wilson Garling Foundation Nfp has awarded $1,065,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
FACING HISTORY AND OURSELVES PURPOSE: GENERAL SUPPORT | $500,000 |
THE CHICAGO PUBLIC EDUCATION FUND PURPOSE: GENERAL SUPPORT | $100,000 |
P33 C O CIVIC COMM PURPOSE: GENERAL SUPPORT | $20,000 |
ERICKSON INSTITUTE PURPOSE: GENERAL PURPOSE | $20,000 |
WE CHARITY PURPOSE: GENERAL SUPPORT | $50,000 |
EVERYTOWN FOR GUN SAFETY PURPOSE: GENERAL SUPPORT | $100,000 |