Melvin & Elaine Wolf Foundation Inc
- Assets
- $8.0m
- Revenue
- $944.7k
- Investments
- $7.5m
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- 10/1979
- Data as of
- 06/2022
- EIN
- 84-0797937
Organization Overview
Melvin & Elaine Wolf Foundation Inc is located in Castle Rock, CO. The organization was established in 1979. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Melvin & Elaine Wolf 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 06/2022, Melvin & Elaine Wolf Foundation Inc generated $944.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $626.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Melvin & Elaine Wolf Foundation Inc has awarded 246 individual grants totaling $3,153,151. 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 |
|---|---|---|---|
Elaine Wolf President | 1 | $0 | |
Sandra Wolf Vice President | 3 | $0 | |
Kelly A Hodges Vice President | 12 | $50,448 | |
Ashly A Wolf Secretary | 1 | $0 | |
Ruth Anne Sanger Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $279,528 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $665,153 |
| Total Revenue | $944,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,448 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,808 |
| Depreciation | $0 |
| Occupancy | $35,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,717 |
| Total operating and administrative expenses | $159,838 |
| Contributions, gifts, grants paid | $466,312 |
| Total expenses and disbursements | $626,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,385 |
| Savings and temporary cash investments | $330,085 |
| 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 | $46,911 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,534,057 |
| Net Land, buildings, and equipment | $37,426 |
| Other assets | $0 |
| Total assets | $8,036,864 |
| 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 | $4,187 |
| Total liabilities | $4,187 |
Grants Awarded
Over the last fiscal year, Melvin & Elaine Wolf Foundation Inc has awarded $466,312 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
FIREFLY AUTISM PURPOSE: LAUGH YOURSELF BLUE FUNDRAISER | $25,000 |
THE DOUGLAS COUNTY FAIR FOUNDATION PURPOSE: GENERAL SUPPORT | $1,292 |
UNIVERSITY OF CO HOSPITAL FOUNDATION PURPOSE: DEPT OF VISUAL ARTS SCHOLARSHIPS | $20,000 |
CHILDREN'S MUSEUM OF DENVER PURPOSE: CONSTRUCTION AND COMPLETION OF ADVENTURE FOREST | $20,000 |
ANTI DEFAMATION LEAGUE MOUNTAIN STATES PURPOSE: NO PLACE FOR HATE PROGRAM | $20,000 |
CHILDREN'S HOSPITAL COLORADO FOUNDATION PURPOSE: SANDY WOLF CHAIR IN MATERNAL FETAL SURGERY | $150,000 |