Lawrence A Wisne Foundation
- Assets
- $2.8m
- Revenue
- $227.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-2772466
Organization Overview
Lawrence A Wisne Foundation is located in Detroit, MI. The organization was established in 2019. 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. Lawrence A Wisne 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, Lawrence A Wisne Foundation generated $227.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $185.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lawrence A Wisne Foundation has awarded 19 individual grants totaling $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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50,457 |
| Dividends & Interest | $18,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $158,201 |
| Capital Gain Net Income | $158,201 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $227,598 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,717 |
| Total operating and administrative expenses | $75,304 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $185,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,002,375 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,789,832 |
| 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, Lawrence A Wisne Foundation has awarded $110,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
IMPACT CHURCH PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
PROVINCE OF ST JOSEPH OF THE CAPUCHIN SOUP KITCHEN PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
MIDWEST PROVINCE OF SOCIETY OF JESUS PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
DETROIT LIONS FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
FORGOTTEN HARVEST PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
UNIVERSITY OF DETROIT JESUIT HIGH SCHOOL AND ACADEMY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |