Wayne H Towne Family Foundation
- Assets
- $6.2m
- Revenue
- $411.5k
- Investments
- $3.4m
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 77-0454941
Organization Overview
Wayne H Towne Family Foundation is located in Fresno, CA. 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. Wayne H Towne 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.
For the year ending 12/2022, Wayne H Towne Family Foundation generated $411.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.0%) each year. All expenses for the organization totaled $388.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wayne H Towne Family Foundation has awarded 83 individual grants totaling $1,109,896. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary J Towne-Merritt President | 0 | $0 | |
J Wesley Merritt Secretary | 0 | $0 | |
Janet L Towne Director | 0 | $0 | |
Louis W Jelinek Director | 0 | $0 | |
Patricia A Towne Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,042 |
| Dividends & Interest | $28,406 |
| Net Rental Income | $170,028 |
| Net Gain on Sale of Assets | -$7 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $411,507 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,425 |
| Taxes | $4,060 |
| Depreciation | $72,206 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $136,932 |
| Total operating and administrative expenses | $215,623 |
| Contributions, gifts, grants paid | $173,094 |
| Total expenses and disbursements | $388,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,912 |
| 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 | $2,625,247 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,898,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,184,865 |
| 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, Wayne H Towne Family Foundation has awarded $173,094 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
SIERRA COLLEGE FOUNDATION PURPOSE: HOWARD WOODSIDE SCHOLARSHIP FUND | $5,000 |
MAYWOOD CEMETERY PURPOSE: FUNDS TO BE USED WHERE THEY ARE NEEDED MOST. | $1,000 |
VALLEY PUBLIC TELEVISION PURPOSE: EDUCATIONAL PROGRAMMING | $45,000 |
FRESNO MISSION PURPOSE: FUNDS TO BE USED WHERE THERE IS THE GREATEST NEED IN THE ORGANIZATION. | $5,000 |
HINDS HOSPICE PURPOSE: FUNDS FOR THE GREATEST BENEFIT OF THE ORGANIZATION. | $15,000 |
GIRL SCOUTS OF CENTRAL CALIF SOUTH PURPOSE: FUNDS TO BE USED FOR PROGRAM SERVICES THAT WILL DIRECTLY BENEFIT UNDER SERVED GIRLS IN THE SAN JOAQUIN VALLEY. | $6,774 |