Mrs Giles Whiting Foundation
- Assets
- $72.8m
- Revenue
- $3.2m
- Investments
- $71.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 13-6154484
Organization Overview
Mrs Giles Whiting Foundation is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mrs Giles Whiting 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 12/2023, Mrs Giles Whiting Foundation generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mrs Giles Whiting Foundation has awarded 451 individual grants totaling $11,966,641. 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
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,389,223 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,337,323 |
| Capital Gain Net Income | $1,337,323 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $430,125 |
| Total Revenue | $3,156,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $285,543 |
| Other employee salaries and wages | $428,242 |
| Pension plans, employee benefits | $125,538 |
| Interest | $0 |
| Taxes | $101,391 |
| Depreciation | $0 |
| Occupancy | $56,900 |
| Travel, conferences, and meetings | $95,350 |
| Printing and publications | $0 |
| Other expenses | $894,418 |
| Total operating and administrative expenses | $2,259,524 |
| Contributions, gifts, grants paid | $2,139,370 |
| Total expenses and disbursements | $4,398,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $681,325 |
| Savings and temporary cash investments | $641,360 |
| 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 | $71,496,924 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,800 |
| Total assets | $72,828,409 |
| 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, Mrs Giles Whiting Foundation has awarded $3,513,370 in support to 114 organizations.
| Grant Recipient | Amount |
|---|---|
DILLER-QUAILE SCHOOL OF MUSIC INC PURPOSE: GENERAL SUPPORT | $3,750 |
ALZHEIMERS DISEASE RESEARCH FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |
DUTCHESS LAND CONSERVANCY INC PURPOSE: GENERAL SUPPORT | $10,000 |
GRAND CENTRAL ATELIER INC PURPOSE: GENERAL SUPPORT | $53,750 |
HOUSE OF SPEAKEASY FOUNDATION PURPOSE: GENERAL SUPPORT | $43,750 |
MANHATTAN INSTITUTE FOR POLICY RESEARCH INC PURPOSE: GENERAL SUPPORT | $10,000 |