The Wyman Family Foundation Inc
- Assets
- $3.4m
- Revenue
- $242.3k
- Investments
- $3.3m
- Employees
- 0
- Location
- Easton, MD
- Founding
- 12/1963
- Data as of
- 06/2024
- EIN
- 13-6124582
Organization Overview
The Wyman Family Foundation Inc is located in Easton, MD. The organization was established in 1963. 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. Wyman 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 06/2024, Wyman Family Foundation Inc generated $242.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $328.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wyman Family Foundation Inc has awarded 165 individual grants totaling $1,182,290. 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 |
|---|---|---|---|
Timothy E Wyman Treasurer/chairman | 2.5 | $0 | |
Elizabeth Wyman Vice-President | 1 | $0 | |
Erin Geyelin Executive Director | 8 | $11,000 | |
Karin W Morgan Director | 1 | $0 | |
Patrick Fitzgerald Director | 1 | $0 | |
Jeffrey Morgan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $774 |
| Dividends & Interest | $200,030 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,456 |
| Capital Gain Net Income | $41,456 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $242,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,303 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,481 |
| Total operating and administrative expenses | $21,284 |
| Contributions, gifts, grants paid | $306,900 |
| Total expenses and disbursements | $328,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,443 |
| 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 | $1,279,299 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,369,135 |
| Accounts payable and accrued expenses | $1,493 |
| 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 | $1,493 |
Grants Awarded
Over the last fiscal year, The Wyman Family Foundation Inc has awarded $306,900 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY ART MUSEUM PURPOSE: ARTS | $2,000 |
ADAPTIVE GOLF PROGRAM PURPOSE: GENERAL | $1,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: GENERAL | $10,000 |
BLUE SKY BRIDGE PURPOSE: GENERAL | $5,000 |
BOULDER COMMUNITY HEALTH FOUNDATION PURPOSE: GENERAL | $55,000 |
CASA OF THE MID-SHORE PURPOSE: GENERAL | $2,000 |