Giving Well Foundation Inc
- Assets
- $14.3m
- Revenue
- $14.4k
- Investments
- $12.4m
- Employees
- 0
- Location
- Tesuque, NM
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-3192223
Organization Overview
Giving Well Foundation Inc is located in Tesuque, NM. The organization was established in 2019. 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. Giving Well Foundation Inc 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, Giving Well Foundation Inc generated $14.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Giving Well Foundation Inc has awarded 34 individual grants totaling $2,974,883. 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 |
|---|---|---|---|
Leslie Goldstein Director And President | 5 | $0 | |
John Mosimann Director, Treasurer And Clerk | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,157 |
| Dividends & Interest | $16,046 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29,188 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,350 |
| Total Revenue | $14,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $553 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,123 |
| Total operating and administrative expenses | $114,766 |
| Contributions, gifts, grants paid | $1,053,179 |
| Total expenses and disbursements | $1,167,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,951,037 |
| 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 | $1,741,073 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,341,776 |
| 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, Giving Well Foundation Inc has awarded $1,053,179 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
LINK HANDS FOR HUMANITY PURPOSE: FUNDING FOR FAMILIES WITH MEDICAL EXPENSES | $20,000 |
LINK HANDS FOR HUMANITY PURPOSE: COBDEN EDIBLE BIODIVERSITY CONSERVATION AREA | $428,899 |
LINK HANDS FOR HUMANITY PURPOSE: CALCUTTA ORPHANAGE | $3,000 |
LINK HANDS FOR HOPE PURPOSE: PURCHASE OF EQUIPMENT FOR MONGOLIAN HOSPITALS | $526,260 |
SOLAR COOKERS INTERNATIONAL PURPOSE: GENERAL FUNDING | $5,000 |
RIVER PHOENIX CENTER FOR PEACEBUILDING PURPOSE: GENERAL FUNDING | $10,000 |