Patterson-Wesselman-Simpson Foundation
- Assets
- $39.2k
- Revenue
- $1.5k
- Investments
- $30.3k
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 12/2000
- Data as of
- 09/2024
- EIN
- 54-1922003
Organization Overview
Patterson-Wesselman-Simpson Foundation is located in Bonita Springs, FL. The organization was established in 2000. 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. Patterson-Wesselman-Simpson 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 09/2024, Patterson-Wesselman-Simpson Foundation generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $3.1k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Patterson-Wesselman-Simpson Foundation has awarded 27 individual grants totaling $354,207. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julien G Patterson President | 1 | $0 | |
Terri J Wesselman Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $897 |
| Total operating and administrative expenses | $3,147 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,867 |
| Savings and temporary cash investments | $0 |
| 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 | $30,297 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,164 |
| 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, Patterson-Wesselman-Simpson Foundation has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ALABASTER GRACE PURPOSE: GENERAL PURPOSE | $10,000 |
IRVINGTON UNITED METHODIST CHURCH PURPOSE: GENERAL PURPOSE | $20,000 |
DRIVE TO WORK PURPOSE: GENERAL PURPOSE | $7,500 |
LANCASTER COUNTY EDUCATION FOUNDATION PURPOSE: GENERAL PURPOSE | $15,000 |
KILMARNOCK VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL PURPOSE | $2,500 |