Brad And Patty Wechsler Foundation Inc
- Assets
- $646.5k
- Revenue
- $386.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1995
- Data as of
- 01/2024
- EIN
- 13-3798248
Organization Overview
Brad And Patty Wechsler Foundation Inc is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (T31) the organization is classified as: Community 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. Brad And Patty Wechsler Foundation Inc 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 01/2024, Brad And Patty Wechsler Foundation Inc generated $386.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $117.5k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Brad And Patty Wechsler Foundation Inc has awarded 18 individual grants totaling $506,500. 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 |
|---|---|---|---|
Bradley J Wechsler President | 1 | $0 | |
Patty Wechsler Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,770 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $357,108 |
| Capital Gain Net Income | $357,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $386,878 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $117,500 |
| Total expenses and disbursements | $117,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,083 |
| Savings and temporary cash investments | $507,465 |
| 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 | $646,548 |
| 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, Brad And Patty Wechsler Foundation Inc has awarded $117,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EDUCATIONAL ALLIANCE PURPOSE: TO EXPAND EQUITABLE EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF COLOR, STUDENTS FROM LOW-INCOME FAMILIES, AND OTHER MARGINALIZED GROUPS | $2,500 |
NYU MEDICAL CENTER PURPOSE: SUPPORT NYU MEDICAL CENTER WHOSE MISSION IS TO SERVE ITS PATIENTS, TEACH NEW PHYSICIANS AND DISCOVER NEW CURES FOR DISEASES. | $100,000 |
JEWISH MUSEUM PURPOSE: TO COLLECT, PRESERVE, EXHIBIT AND INTERPRET ART AND JEWISH CULTURE. | $10,000 |
STUDENT LEADERSHIP NETWORK PURPOSE: ENCAPSULATES THREE LIFE-CHANGING PROGRAMS, WHICH TOGETHER HAVE HELPED OVER 53,000 MIDDLE AND HIGH SCHOOL STUDENTS FROM UNDERSERVED COMMUNITIES ACCESS EXCELLENT EDUCATIONAL OPPORTUNITIES. | $5,000 |