Wold Foundation
- Assets
- $53.6m
- Revenue
- $689.1k
- Investments
- $49.6m
- Employees
- 0
- Location
- Casper, WY
- Founding
- 04/1986
- Data as of
- 12/2022
- EIN
- 74-2406069
Organization Overview
Wold Foundation is located in Casper, WY. The organization was established in 1986. 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. Wold 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 12/2022, Wold Foundation generated $689.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wold Foundation has awarded 281 individual grants totaling $8,489,000. 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 P Wold Trustee, President | 0.75 | $0 | |
Peter I Wold Trustee, Treasurer | 1.5 | $0 | |
Priscilla Longfield Trustee, Secretary | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $306 |
| Dividends & Interest | $1,112,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$846,561 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $423,210 |
| Total Revenue | $689,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $69,548 |
| Pension plans, employee benefits | $2,774 |
| Interest | $0 |
| Taxes | $162,012 |
| Depreciation | $79,084 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,995 |
| Printing and publications | $0 |
| Other expenses | $46,323 |
| Total operating and administrative expenses | $816,737 |
| Contributions, gifts, grants paid | $3,253,800 |
| Total expenses and disbursements | $4,070,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,878 |
| Savings and temporary cash investments | $3,832,490 |
| 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 | $731,271 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $438 |
| Total assets | $53,604,788 |
| 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, Wold Foundation has awarded $3,253,800 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURE WEST COUNCIL - BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATIONS - ANNUAL SUPPORT | $10,000 |
ADVENTURE WEST COUNCIL - BOY SCOUTS OF AMERICA PURPOSE: NATRONA COUNTY BRANCH | $1,200 |
ALLIANCE FOR CHOICE IN EDUCATION PURPOSE: SCHOLARSHIPS FOR CHOICE IN EDUCATION | $20,000 |
AMERICAN RED CROSS PURPOSE: UKRAINE FUND DONATION | $20,000 |
AMERICAN CANCER SOCIETY PURPOSE: RELAY FOR LIFE/CANCER RESEARCH | $10,000 |
APOSTLES HOUSTON CHURCH PURPOSE: GENERAL FUND | $4,000 |