Wool Family Foundation is located in Salida, CO. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Wool Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Wool Family Foundation has awarded 263 individual grants totaling $351,356. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DONATIONS OF CASH TO ORGANIZATIONS PROVIDING RELIGIOUS, EDUCATIONAL OR CHARITABLE SERVICES - SUPPORTED APPROXIMATELY 70 ORGANIZATIONS DURING THE YEAR. SEE ATTACHED LIST.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50 |
| Dividends & Interest | $35,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$117,198 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$81,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,447 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $466 |
| Total operating and administrative expenses | $24,514 |
| Contributions, gifts, grants paid | $87,900 |
| Total expenses and disbursements | $112,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,009 |
| Savings and temporary cash investments | $35,099 |
| 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 | $1,042,850 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,265,681 |
| 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, Wool Family Foundation has awarded $86,170 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA DANCE THEATRE PURPOSE: BENEVOLENT | $300 |
AGUDATH ISRAEL - ETZ AHAYEM PURPOSE: RELIGIOUS | $1,750 |
ALABAMA RIVERS ALLIANCE PURPOSE: BENEVOLENT | $750 |
ALABAMA SHAKESPEARE FESTIVAL PURPOSE: BENEVOLENT | $5,000 |
AMERICAN CANCER SOCIETY PURPOSE: HEALTH | $1,500 |
AMERICAN JEWISH COMMITTEE PURPOSE: RELIGIOUS | $250 |