Steve And Alice Wright Foundation
- Assets
- $205.6k
- Revenue
- $197.2k
- Investments
- $203.9k
- Employees
- 0
- Location
- La Quinta, CA
- Founding
- Data as of
- 11/2023
- EIN
- 87-4650350
Organization Overview
Steve And Alice Wright Foundation is located in La Quinta, CA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Steve And Alice Wright 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 11/2023, Steve And Alice Wright Foundation generated $197.2k in total revenue. All expenses for the organization totaled $44.8k during the year ending 11/2023. While expenses have increased by 143.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice B Wright President | 2 | $0 | |
Stephen R Wright Secretary | 2 | $0 | |
Stephen R Wright Treasurer | 2 | $0 | |
John Flanigan Director | 0 | $0 | |
Joe Mclean Director | 0 | $0 | |
Lawrence Pfeiffer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,486 |
| Interest on Savings | $4 |
| Dividends & Interest | $1,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,469 |
| Capital Gain Net Income | $15,469 |
| Net ST Capital Gain | $15,469 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $365 |
| Total operating and administrative expenses | $1,647 |
| Contributions, gifts, grants paid | $43,200 |
| Total expenses and disbursements | $44,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,718 |
| Savings and temporary cash investments | $0 |
| 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 | $205,588 |
| 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, Steve And Alice Wright Foundation has awarded $43,200 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AIR FORCE AID SOCIETY PURPOSE: EDUCATION OF YOUNG PEOPLE THAT ARE DEPENDENTS OF US MILITARY PERSONNEL. | $2,500 |
UNIVERISTY OF OREGON PURPOSE: TO AID IN FINANCIAL SUPPORT FOR THE ECONOMICS DEPARTMENT STUDENT PROGRAM THROUGH THE CREATION OF THE WRIGHT SCHOLARSHIP. | $10,500 |
CHILDREN'S HOSPITAL LOS ANGELES PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO THE CHILDREN'S FUND AND ORTHOPAEDIC CENTER IN MEMORY OF SIDNEY R. TITLE. | $2,000 |
FOLDS OF HONOR KANSAS CITY CHAPTER PURPOSE: TO PROVIDE FINANCIAL SUPPORT TOWARDS EDUCATIONAL SCHOLARSHIPS TO THE CHILDREN AND SPOUSES OF FALLEN OR DISABLED SERVICE MEMBERS AND FIRST RESPONDERS. | $22,000 |
ST JUDES CHILDREN'S RESEARCH HOSPIT PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO LIFE-SAVING RESEARCH AND TREATMENT TO CHILDREN. | $1,200 |
LA QUINTA COUNTRY CLUB PURPOSE: TO PROVIDE EDUCATION SCOLARSHIP SUPPORT FUNDING TO THE STUDENTS OF EMPLOYEE PARENTS OF THE COUNTRY CLUB. | $3,000 |