The information for Widgeon Point Charitable Foundation is as of the organization's most recent filing in December '21. This organization is located in Stamford, CT. It has been in existence for 55 years, following its founding in 1966.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Widgeon Point Charitable Foundation's NTEE code is T20, indicating that it falls under the category of Philanthropy, Voluntarism & Grantmaking Foundations. As a Private Grantmaking Foundation, the organization is a nongovernmental, nonprofit entity that manages funds and programs through its own trustees or directors. Its primary purpose is to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the organization is classified under section 3 of the Internal Revenue Code, which encompasses Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations.
The Widgeon Point Charitable Foundation has an extensive grant history spanning seven years. Over this period, they have awarded a total of 1,062 grants, with an average check size of $17,387. On average, they award approximately 152 grants each year. The foundation has made significant contributions to various sectors, with the majority of their grants going towards Arts, Culture & Humanities (206), followed by Education (82), and Environment (62). In terms of geographical distribution, the foundation has awarded the highest number of grants in New York (507), followed by Maine (240) and Massachusetts (80). Other states that have received grants include Virginia, Connecticut, Rhode Island, and Washington, among others.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara G Robinson Director And Vice President | 10 | $76,923 | |
Christopher N Robinson Director | 5 | $0 | |
John Beinecke Robinson Chairman | 10 | $0 | |
Dr Rowland Perry Robinson Director | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Patterson Belknap Webb & Tyler Llp | 12/30/21 | $79,958 |
Goulston And Storrs Llp | 12/30/21 | $700,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,291,226 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,657,151 |
Capital Gain Net Income | $4,657,151 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $5,948,377 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $76,923 |
Other employee salaries and wages | $77,820 |
Pension plans, employee benefits | $110,156 |
Interest | $0 |
Taxes | $9,641 |
Depreciation | $9,966 |
Occupancy | $41,049 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $253,887 |
Total operating and administrative expenses | $1,616,590 |
Contributions, gifts, grants paid | $2,727,800 |
Total expenses and disbursements | $4,344,390 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $10,803,258 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $817,716 |
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 | $10,931,950 |
Net Land, buildings, and equipment | $25,345 |
Other assets | $8,064 |
Total assets | $59,391,423 |
Accounts payable and accrued expenses | $21,523 |
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 | $21,523 |
Over the last fiscal year, Widgeon Point Charitable Foundation has awarded $2,727,800 in support to 95 organizations.
Grant Recipient | Amount |
---|---|
MAYO CLINIC RESEARCH PURPOSE: GENERAL PURPOSE | $250,000 |
BEINECKE RARE BOOK & MANUSCRIPT LIBRARY PURPOSE: GENERAL PURPOSE | $250,000 |
NY BOTANTICAL GARDENS PURPOSE: GENERAL PURPOSE | $250,000 |
Portland, ME PURPOSE: GENERAL PURPOSE | $250,000 |
PORTLAND COMMUNITY SQUASH PURPOSE: GENERAL PURPOSE | $250,000 |
Topsham, ME PURPOSE: GENERAL PURPOSE | $200,000 |
Organization Name | Assets | Revenue |
---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |