Maryjo Tierney & Mike Wetzel Foundation
- Assets
- $3.0m
- Revenue
- $136.9k
- Investments
- $2.8m
- Employees
- 0
- Location
- Fort Pierce, FL
- Founding
- Data as of
- 09/2023
- EIN
- 87-2444177
Organization Overview
Maryjo Tierney & Mike Wetzel Foundation is located in Fort Pierce, FL. 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. Maryjo Tierney & Mike Wetzel 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 09/2023, Maryjo Tierney & Mike Wetzel Foundation generated $136.9k in total revenue. All expenses for the organization totaled $174.5k during the year ending 09/2023.
Since 2022, Maryjo Tierney & Mike Wetzel Foundation has awarded 13 individual grants totaling $330,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITABLE ORGANIZATION LOCATED IN CENTRAL AND SOUTH FLORIDA WITH AN EMPHASIS ON ORGANIZATIONS THAT BENEFIT CHILDREN, THE ARTS, LITERACY, EDUCATION, THE ENVIRONMENT AND COMMUNITY REVITALIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jo Tierney President/tr | 3 | $0 | |
Michael E Wetzel Vp/secretary | 3 | $0 | |
J Stephen Tierney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $181 |
| Dividends & Interest | $37,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $99,057 |
| Capital Gain Net Income | $99,057 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,975 |
| Depreciation | $0 |
| Occupancy | $15,704 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $66,088 |
| Contributions, gifts, grants paid | $108,400 |
| Total expenses and disbursements | $174,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $263,034 |
| 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 | $3,022,597 |
| 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 | $1,271 |
| Total liabilities | $1,271 |
Grants Awarded
Over the last fiscal year, Maryjo Tierney & Mike Wetzel Foundation has awarded $108,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WPSL CHRISTMAS KIDS PURPOSE: WATER SAFETY COURSES | $8,000 |
AE BACKUS MUSEUM PURPOSE: MUSEUM EXHIBITS | $400 |
FRIENDS OF THE EVERGLADES PURPOSE: PROMOTE ACTIONS TO STOP POLLUTION | $75,000 |
VOTE WATER PURPOSE: ENVIRONMENTAL RESEARCH AND EDUCATION | $25,000 |