E C Wareheim Foundation
- Assets
- $8.5m
- Revenue
- $1.2m
- Investments
- $7.5m
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 09/1960
- Data as of
- 12/2022
- EIN
- 52-6033212
Organization Overview
E C Wareheim Foundation is located in Amherst, NY. The organization was established in 1960. 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. E C Wareheim 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, E C Wareheim Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, E C Wareheim Foundation has awarded 167 individual grants totaling $2,914,000. 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 |
|---|---|---|---|
Wilmington Trust Trustee | 1 | $141,071 | |
William L Mathers Executive Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $436,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $759,297 |
| Capital Gain Net Income | $759,297 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,196,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $141,071 |
| Other employee salaries and wages | $95,057 |
| Pension plans, employee benefits | $7,272 |
| Interest | $0 |
| Taxes | $28,671 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $1,200 |
| Printing and publications | $226 |
| Other expenses | $835 |
| Total operating and administrative expenses | $280,332 |
| Contributions, gifts, grants paid | $855,000 |
| Total expenses and disbursements | $1,135,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,418 |
| Savings and temporary cash investments | $963,066 |
| 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 | $8,470,313 |
| 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, E C Wareheim Foundation has awarded $855,000 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
SUGAR PLUM BAKERY PURPOSE: GENERAL OPERATING | $15,000 |
COLONIAL CASA PURPOSE: GENERAL OPERATING | $10,000 |
AMERICAN RED CROSS OF SOUTHEASTERN PURPOSE: GENERAL OPERATING | $20,000 |
HOPE HOUSE FOUNDATION PURPOSE: GENERAL OPERATING | $10,000 |
COLLEGE BOUND PURPOSE: GENERAL OPERATING | $50,000 |
FRIENDS OF THE VA BEACH PURPOSE: GENERAL OPERATING | $10,000 |