Harold L Wyman Foundation Inc
- Assets
- $1.5m
- Revenue
- $1.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- Rye Brook, NY
- Founding
- 06/1966
- Data as of
- 09/2023
- EIN
- 13-6201289
Organization Overview
Harold L Wyman Foundation Inc is located in Rye Brook, NY. The organization was established in 1966. 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. Harold L Wyman 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 09/2023, Harold L Wyman Foundation Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (68.5%) each year. All expenses for the organization totaled $321.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Harold L Wyman Foundation Inc has awarded 623 individual grants totaling $1,631,943. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HAROLD L. WYMAN FOUNDATION'S SOLE CHARITABLE PURPOSE IS TO DISTRIBUTE ITS NET INVESTMENT INCOME TO PRE-SELECTED WORTHY AND NEEDY CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Korntheuer President | 15 | $15,000 | |
William Korntheuer Vice President | 1 | $0 | |
Paul Korntheuer Vice President | 3 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,318 |
| Dividends & Interest | $94,269 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$96,778 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $268 |
| Total Revenue | $1,077 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,504 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,311 |
| Total operating and administrative expenses | $51,615 |
| Contributions, gifts, grants paid | $270,000 |
| Total expenses and disbursements | $321,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,408 |
| Savings and temporary cash investments | $189,786 |
| 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 | $1,482,130 |
| 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, Harold L Wyman Foundation Inc has awarded $270,000 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
AIDS SUPPORT GROUP OF CAPE COD PURPOSE: HEALTH | $2,000 |
ADOPT-A-DOG PURPOSE: ENVIRONMENT & ANIMALS | $3,000 |
AMERICAN CONSERVATORY THEATRE FOUND PURPOSE: ARTS & CULTURE | $2,500 |
ASTRONOMICAL SOCIETY OF THE PACIFIC PURPOSE: SCIENCE & TECHNOLOGY | $3,000 |
ARTIS NAPLES PURPOSE: ARTS AND CULTURE | $2,500 |
BRUNSWICK SCHOOL - HORIZON PROGRAM PURPOSE: EDUCATION | $5,000 |