Wayland Educational Foundation
- Assets
- $2.7m
- Revenue
- $133.9k
- Investments
- $2.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1992
- Data as of
- 04/2024
- EIN
- 86-6200910
Organization Overview
Wayland Educational Foundation is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayland Educational 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 04/2024, Wayland Educational Foundation generated $133.9k 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 (10.6%) each year. All expenses for the organization totaled $211.4k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Wayland Educational Foundation has awarded 28 individual grants totaling $1,108,352. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $99,935 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,820 |
| Capital Gain Net Income | $33,820 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $159 |
| Total Revenue | $133,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,264 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,419 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $56,683 |
| Contributions, gifts, grants paid | $154,740 |
| Total expenses and disbursements | $211,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,041 |
| Savings and temporary cash investments | $66,459 |
| 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 | $192,278 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,735,030 |
| 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, Wayland Educational Foundation has awarded $154,740 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN ARIZONA UNIVERSITY PURPOSE: SCHOLARSHIP | $38,685 |
UNIVERSITY OF ARIZONA PURPOSE: SCHOLARSHIP | $38,685 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP | $38,685 |
MARICOPA COUNTY COMMUNITY PURPOSE: SCHOLARSHIP | $38,685 |