Helen And Wil Webster Foundation
- Assets
- $233.3m
- Revenue
- $5.6m
- Investments
- $225.9m
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 09/1997
- Data as of
- 12/2022
- EIN
- 95-4624483
Organization Overview
Helen And Wil Webster Foundation is located in Arcadia, CA. The organization was established in 1997. 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. Helen And Wil Webster 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, Helen And Wil Webster Foundation generated $5.6m 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 (15.9%) each year. All expenses for the organization totaled $12.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Helen And Wil Webster Foundation has awarded 289 individual grants totaling $80,482,304. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard B Webster Secretary And Treasurer | 40 | $287,500 | |
Alec J Webster President | 40 | $287,500 | |
Theodore M Joyce Board Member | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,669,428 |
| Dividends & Interest | $3,457,926 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,115 |
| Capital Gain Net Income | $212,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $224,846 |
| Total Revenue | $5,552,315 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $575,000 |
| Other employee salaries and wages | $44,000 |
| Pension plans, employee benefits | $0 |
| Interest | $122,173 |
| Taxes | $35,400 |
| Depreciation | $138 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $474,218 |
| Total operating and administrative expenses | $2,163,246 |
| Contributions, gifts, grants paid | $10,589,069 |
| Total expenses and disbursements | $12,752,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,345,669 |
| 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 | $95,623 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $233,313,242 |
| 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, Helen And Wil Webster Foundation has awarded $10,589,069 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: HEALTH CARE | $1,000,000 |
ACCESS BOOKS PURPOSE: LIBRARY | $211,000 |
BOYS & GIRLS CLUB OF PASADENA PURPOSE: EDUCATION AND HEALTH | $300,000 |
BOYS & GIRLS CLUB SANTA CRUZ CO PURPOSE: EDUCATION AND HEALTH | $10,000 |
AZUSA PACIFIC UNIVERSITY PURPOSE: EDUCATION | $150,000 |
CLIMATE CENTRAL PURPOSE: CLIMATE | $30,000 |