Carroll And Marguerite Wheeler Foundation
- Assets
- $50.8m
- Revenue
- $4.3m
- Investments
- $34.7m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 82-7129734
Organization Overview
Carroll And Marguerite Wheeler Foundation is located in Austin, TX. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Carroll And Marguerite Wheeler 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 12/2023, Carroll And Marguerite Wheeler Foundation generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carroll And Marguerite Wheeler Foundation has awarded 122 individual grants totaling $11,320,000. 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 |
|---|---|---|---|
Shelly Mctee Trustee/co-Executor | 22 | $66,000 | |
Donald Haynes Trustee/co-Executor | 2 | $66,000 | |
Warren Wheeler Trustee | 2 | $66,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,000 |
| Interest on Savings | $74,847 |
| Dividends & Interest | $744,557 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$85,700 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,562,922 |
| Total Revenue | $4,330,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $198,000 |
| Other employee salaries and wages | $75,900 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $269,760 |
| Depreciation | $933,410 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,924 |
| Printing and publications | $0 |
| Other expenses | $3,484 |
| Total operating and administrative expenses | $1,752,171 |
| Contributions, gifts, grants paid | $2,700,000 |
| Total expenses and disbursements | $4,452,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $598,033 |
| 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 | $10,226,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,424,619 |
| Total assets | $50,761,936 |
| 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, Carroll And Marguerite Wheeler Foundation has awarded $2,700,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA HUMANE SOCIETY PURPOSE: PROGRAM SUPPORT | $5,000 |
ASSISTANCE LEAGUE OF PHOENIX PURPOSE: PROGRAM SUPPORT | $400,000 |
ASSISTANCE LEAGUE OF SAN ANTONIO PURPOSE: PROGRAM SUPPORT | $75,000 |
BOYS & GIRLS CLUBS OF SAN ANTONIO PURPOSE: PROGRAM SUPPORT | $10,000 |
BULLDOG EDUCATION FOUNDATION PURPOSE: PROGRAM SUPPORT | $20,000 |
COLLEGE STATION ISD EDUCATION FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |