Wilbur May Foundation
- Assets
- $24.7m
- Revenue
- $2.1m
- Investments
- $24.0m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 94-3126741
Organization Overview
Wilbur May Foundation is located in Reno, NV. The organization was established in 1991. 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. Wilbur May 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 12/2022, Wilbur May Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anita May Rosenstein Chairman/pres | 0 | $0 | |
Amanda May Stefan V-Chairman/vp | 0 | $0 | |
Brian Rosenstein VP | 0 | $0 | |
Dorothy Duffy May Vp/sec | 0 | $0 | |
Suellen Fulstone ESQ Vp/legal Couns | 0 | $0 | |
Dixie May VP & Treasurer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brookhill Corporation | 12/30/22 | $193,827 |
Fayez Sarofim & Co | 12/30/22 | $101,559 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43,933 |
| Dividends & Interest | $785,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,466,289 |
| Capital Gain Net Income | $1,466,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$223,845 |
| Total Revenue | $2,072,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53,877 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $377 |
| Printing and publications | $0 |
| Other expenses | $7,713 |
| Total operating and administrative expenses | $479,432 |
| Contributions, gifts, grants paid | $3,119,938 |
| Total expenses and disbursements | $3,599,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $667,079 |
| 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 | $13,024,742 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,686,831 |
| 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 |