Lew Wentz Foundation

Organization Overview

Lew Wentz Foundation is located in Norman, OK. The organization was established in 1951. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lew Wentz 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 06/2022, Lew Wentz Foundation generated $746.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $461.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES LOANS TO QUALIFIED STUDENTS IN ORDER TO PURSUE THEIR EDUCATION AT THE UNIVERSITY OF OKLAHOMA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES LOANS TO QUALIFIED STUDENTS IN ORDER TO PURSUE THEIR EDUCATION AT THE UNIVERSITY OF OKLAHOMA. FEWER LOANS WERE AWARDED IN THE FISCAL YEAR DUE TO COVID RELIEF MONEY GIVEN TO STUDENTS. DURING THE YEAR, 1,023,044 OF NEW LOANS WERE AWARDED TO A LITTLE OVER 400 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Hamilton
Chairman
$0
Brad Burnett
Secretary
$0
Carol Burr
Trustee
$0
William Lissau
Trustee
$0
Jeff Northcut
Trustee
$0
Anita Holloway
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$431,876
Investment income $314,959
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $746,835

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