Pauline Sterne Wolff Memorial Foundation
- Assets
- $32.4m
- Revenue
- -$6.4m
- Investments
- $31.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 01/1948
- Data as of
- 12/2022
- EIN
- 74-1110698
Organization Overview
Pauline Sterne Wolff Memorial Foundation is located in Houston, TX. The organization was established in 1948. 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. Pauline Sterne Wolff Memorial 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 2014, Pauline Sterne Wolff Memorial Foundation has awarded 68 individual grants totaling $25,181,986. 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 |
|---|---|---|---|
Henry J N Taub II President, As Reqd | 1 | $0 | |
Marc J Shapiro Vp/asst. Sec As Reqd | 0 | $0 | |
Jenard N Gross Vp/asst. Tr As Reqd | 0 | $0 | |
Regina J Rogers Vice President As Reqd | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fayez Sarofim & Co | 12/30/22 | $61,452 |
Jpmorgan Chase Bank Na | 12/30/22 | $68,192 |
Fayez Sarofim Co | 12/30/22 | $0 |
Jpmorgan Chase Bank N A | 12/30/22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $611,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,064,811 |
| Capital Gain Net Income | $728,049 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $93,442 |
| Total Revenue | -$6,359,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,898 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,330 |
| Total operating and administrative expenses | $183,247 |
| Contributions, gifts, grants paid | $1,198,601 |
| Total expenses and disbursements | $1,381,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $493,643 |
| 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 | $122,070 |
| Total assets | $32,395,209 |
| Accounts payable and accrued expenses | $24,640 |
| Grants payable | $1,479,831 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $166,796 |
| Total liabilities | $1,671,267 |
Grants Awarded
Over the last fiscal year, Pauline Sterne Wolff Memorial Foundation has awarded $1,528,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GOLDBERG B'NAI B'RITH TOWERS PURPOSE: SUPPORT OF THE ELDERLY-HOUSEKEEPING & MEALS | $30,000 |
JEWISH COMMUNITY CENTER PURPOSE: SUPPORT OF THE ELDERLY-MEALS & TRANSPORTATION | $441,000 |
JEWISH FAMILY SERVICES PURPOSE: SUPPORT OF THE ELDERLY | $157,000 |
JEWISH GERIATRIC CENTERSEVEN ACRES PURPOSE: SUPPORT OF THE ELDERLY WIDOWS & WIDOWERS | $790,000 |
METHODIST NEUROLOGICAL INSTITUTE PURPOSE: NEUROLOGICAL RESEARCH & TREATMENT | $10,000 |
JEWISH FAMILY SERVICES PURPOSE: CASEWORKER SALARIES | $100,000 |