Wagner Family Foundation Inc is located in Florham Park, NJ. The organization was established in 1998. 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. Wagner Family 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 09/2021, Wagner Family Foundation Inc generated $110.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (51.2%) each year. All expenses for the organization totaled $53.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (65.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wagner Family Foundation Inc has awarded 50 individual grants totaling $273,539. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING ORGANIZATION TO PUBLIC CHARITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leon Wagner President | 5 | $0 | |
Harry Wagner Vice President & Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $103,600 |
Interest on Savings | $0 |
Dividends & Interest | $7 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,610 |
Capital Gain Net Income | $6,610 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $110,217 |
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 | $118 |
Total operating and administrative expenses | $9,018 |
Contributions, gifts, grants paid | $43,965 |
Total expenses and disbursements | $52,983 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $72,711 |
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 | $72,711 |
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 |
Over the last fiscal year, Wagner Family Foundation Inc has awarded $43,965 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: GENERAL UNRESTRICTED | $20,000 |
UJA FEDERATION OF NY PURPOSE: GENERAL UNRESTRICTED | $10,000 |
YIVO PURPOSE: GENERAL UNRESTRICTED | $5,000 |
Dix Hills, NY PURPOSE: GENERAL UNRESTRICTED | $3,165 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL UNRESTRICTED | $1,000 |
COLUMBIA UNIVERSITY PURPOSE: GENERAL UNRESTRICTED | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
Rita Allen Foundation Princeton, NJ | $219,012,203 | $23,878,841 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |