Margaret L Wendt Foundation

Organization Overview

Margaret L Wendt Foundation is located in Buffalo, NY. The organization was established in 1958. 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. Margaret L Wendt 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 12/2021, Margaret L Wendt Foundation generated $6.1m 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 (11.8%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Margaret L Wendt Foundation has awarded 146 individual grants totaling $12,790,591. 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

Name (title)Compensation
Claire Kresse White
Trustee
$97,067
Thomas Lunt
Trustee
$97,066
Janet L Day
Trustee
$97,066

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $21
Dividends & Interest $3,078,002
Net Rental Income$0
Net Gain on Sale of Assets $2,445,725
Capital Gain Net Income $2,445,725
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $607,516
Total Revenue $6,131,264

Grants Awarded

Over the last fiscal year, Margaret L Wendt Foundation has awarded $4,007,692 in support to 44 organizations.

Grant RecipientAmount

Buffalo, NY

PURPOSE: AVAILABLE UPON REQUEST

$338,000

MOUNT ST MARY'S HOSPITAL FOUNDATION

PURPOSE: AVAILABLE UPON REQUEST

$300,000

SAY YES BUFFALO

PURPOSE: AVAILABLE UPON REQUEST

$260,000

ECMC LIFELINE FOUNDATION

PURPOSE: AVAILABLE UPON REQUEST

$258,118

WNY RAILWAY HISTORICAL SOCIETY

PURPOSE: AVAILABLE UPON REQUEST

$206,809

BOYS & GIRLS CLUB OF WNY

PURPOSE: AVAILABLE UPON REQUEST

$200,000
View Grant Profile

Peer Organizations

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