Webb Family Foundation Inc
- Assets
- $732.5k
- Revenue
- $88.7k
- Investments
- $707.1k
- Employees
- 0
- Location
- Fishkill, NY
- Founding
- 01/1998
- Data as of
- 04/2024
- EIN
- 65-0760592
Organization Overview
Webb Family Foundation Inc is located in Fishkill, NY. The organization was established in 1998. 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. Webb Family Foundation Inc 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 04/2024, Webb Family Foundation Inc generated $88.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $59.0k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Webb Family Foundation Inc has awarded 203 individual grants totaling $465,196. 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 |
|---|---|---|---|
John C Webb Jr President | 1 | $0 | |
John C Webb III Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $307 |
| Dividends & Interest | $18,303 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,109 |
| Capital Gain Net Income | $72,403 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,286 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $200 |
| Printing and publications | $0 |
| Other expenses | $6,160 |
| Total operating and administrative expenses | $14,446 |
| Contributions, gifts, grants paid | $44,530 |
| Total expenses and disbursements | $58,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,399 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $732,479 |
| 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, Webb Family Foundation Inc has awarded $44,530 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BUSBOYS COLLECTION MUSEUM PURPOSE: GENERAL PURPOSE | $5,000 |
FRIENDS OF GREYHOUND BUS ORIGIN PURPOSE: GENERAL PURPOSE | $1,000 |
METRO NEW YORK DISTRICT CHURCH OF THE NAZARENE PURPOSE: GENERAL PURPOSE | $1,030 |
NEW JERSEY DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD PURPOSE: GENERAL PURPOSE | $1,000 |
NORTHERN NEW ENGLAND DISTRICT ASSEMBLIES OF GOD PURPOSE: GENERAL PURPOSE | $4,500 |
NORTHERN POINT BIBLE COLLEGE PURPOSE: GENERAL PURPOSE | $2,500 |