Ruth H & Warren A Ellsworth Foundation
- Assets
- $16.8m
- Revenue
- $752.7k
- Investments
- $16.6m
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 09/1966
- Data as of
- 12/2022
- EIN
- 04-6113491
Organization Overview
Ruth H & Warren A Ellsworth Foundation is located in Worcester, MA. The organization was established in 1966. 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. Ruth H & Warren A Ellsworth 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, Ruth H & Warren A Ellsworth Foundation generated $752.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ruth H & Warren A Ellsworth Foundation has awarded 434 individual grants totaling $8,187,500. 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 |
|---|---|---|---|
Todd H Wetzel Trustee | 1 | $18,000 | |
Joyce W Hall Trustee | 1 | $18,000 | |
Sumner B Tilton Jr Trustee | 1 | $15,000 | |
Mark R Wetzel Trustee | 1 | $18,000 | |
Robert F Wetzel Trustee | 1 | $12,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $733,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,777 |
| Capital Gain Net Income | $18,777 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $752,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,960 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,844 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $788 |
| Total operating and administrative expenses | $313,804 |
| Contributions, gifts, grants paid | $1,024,500 |
| Total expenses and disbursements | $1,338,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $210,695 |
| 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 | $16,573,754 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,784,449 |
| 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, Ruth H & Warren A Ellsworth Foundation has awarded $1,139,500 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
ABBY KELLEY FOSTER HOUSE INC PURPOSE: GENERAL - UNSOLICITED | $5,000 |
ABBY KELLEY FOSTER HOUSE INC PURPOSE: SHELTER, HOUSING, AND ADVOCACY PROGR | $20,000 |
ALL SAINTS EPISCOPAL CHURCH PURPOSE: GENERAL SBTJ MATCH | $1,000 |
AMERICAN ANTIQUARIAN SOCIETY PURPOSE: CAPITAL CAMPAIGNAPPROVED 200,000 PA | $40,000 |
AMERICAN RED CROSS OF CENTRAL MASSA PURPOSE: USUAL ANNUAL | $5,000 |
AMERICAN ANTIQUARIAN SOCIETY PURPOSE: MRW - MATCHGENERAL | $1,500 |