Milton A And Roslyn Z Wolf Fam Foundation
- Assets
- $5.6m
- Revenue
- $167.9k
- Investments
- $5.6m
- Employees
- 0
- Location
- Beachwood, OH
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 03-0485546
Organization Overview
Milton A And Roslyn Z Wolf Fam Foundation is located in Beachwood, OH. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Milton A And Roslyn Z Wolf Fam 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, Milton A And Roslyn Z Wolf Fam Foundation generated $167.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $328.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Milton A And Roslyn Z Wolf Fam Foundation has awarded 55 individual grants totaling $3,474,592. 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.
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 |
|---|---|---|---|
Sherri Wolf Vice President | 1 | $0 | |
Nancy Wolf Vice President | 1 | $0 | |
Caryn Wolf Wechsler President | 1 | $0 | |
Michael A Shemo Secretary | 1 | $0 | |
Michael Holowaty Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $597 |
| Dividends & Interest | $153,926 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,347 |
| Capital Gain Net Income | $13,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $167,870 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,823 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$7,044 |
| Total operating and administrative expenses | $52,589 |
| Contributions, gifts, grants paid | $275,470 |
| Total expenses and disbursements | $328,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,370 |
| 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 | $5,584,337 |
| 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, Milton A And Roslyn Z Wolf Fam Foundation has awarded $275,470 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE EDUCATIONAL VIDEO CENTER PURPOSE: GENERAL | $40,000 |
THE OHIO STATE UNIVERSITY FOUNDATION PURPOSE: GIFT AGREEMENT | $80,000 |
HATHAWAY BROWN SCHOOL ID PURPOSE: SCHOLARSHIP | $20,000 |
PARK SYNAGOGUE PURPOSE: GENERAL | $100,000 |
CENTROPA THE MILTON WOLF PRIZE IN STUDENT DIPLOMACY PURPOSE: SCHOLARSHIP | $35,470 |