Gw Foundation Tr
- Assets
- $26.1m
- Revenue
- $18.4m
- Investments
- $8.9m
- Employees
- 0
- Location
- Cos Cob, CT
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 06-6469925
Organization Overview
Gw Foundation Tr is located in Cos Cob, CT. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Gw Foundation Tr 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 12/2023, Gw Foundation Tr generated $18.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $423.2k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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 |
|---|---|---|---|
Gary C Wendt Trustee | 1 | $0 | |
Valerie Ahneman Trustee | 3 | $23,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,800,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,383,308 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $176,325 |
| Capital Gain Net Income | $176,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $492 |
| Total Revenue | $18,360,125 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,169 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $103,165 |
| Contributions, gifts, grants paid | $320,000 |
| Total expenses and disbursements | $423,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,069 |
| Savings and temporary cash investments | $17,212,451 |
| 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 | $2,150,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,142,830 |
| 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, Gw Foundation Tr has awarded $400,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF STAMFORD PURPOSE: TO ENABLE ALL YOUTH TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, AND RESPONSIBLE CITIZENS. | $50,000 |
BROWARD PERFORMING ARTS FOUNDATION PURPOSE: TO BUILD COMMUNITY THROUGH THE ARTS BY DELIVERING QUALITY ENTERTAINMENT, EDUCATIONAL OPPORTUNITIES, AND MEMORABLE MOMENTS THAT ENGAGE AND INSPIRE AUDIENCES, NURTURE COLLABORATION, AND DRIVE ECONOMIC VITALITY. | $50,000 |
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: TO PROMOTE THE WELFARE OF AND ADVANCE THE OBJECTIVES OF THE UNIVERSITY OF WISCONSIN MADISON BY ENCOURAGING THE INTEREST, ENGAGEMENT, AND FINANCIAL SUPPORT OF ALUMNI, DONORS, AND FRIENDS IN THE LIFE OF THE UNIVERSITY AND WITH EACH OTHER. | $100,000 |
THE EVERGLADES FOUNDATION PURPOSE: TO PROTECT AND RESTORE AMERICA'S EVERGLADES THROUGH SCIENCE, ADVOCACY, AND EDUCATION. | $100,000 |
BOYS & GIRLS CLUB OF BROWARD COUNTY PURPOSE: TO ENABLE ALL YOUTH, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, AND RESPONSIBLE CITIZENS. | $100,000 |