The Wisdom Connection Inc
- Assets
- $1.7m
- Revenue
- -$16.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Greensboro, VT
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 20-0288195
Organization Overview
The Wisdom Connection Inc is located in Greensboro, VT. The organization was established in 2003. 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. Wisdom Connection Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Wisdom Connection Inc has awarded 146 individual grants totaling $1,434,649. 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) | Role | Hours | Compensation |
|---|---|---|---|
Becky Arnold Director | 0 | $0 | |
Eric Erwin Director | 0 | $0 | |
Lincoln Lande Treasurer | 1 | $0 | |
Mary Parke Meyer Secretary | 1 | $0 | |
Patricia Passmore Alley President | 8 | $0 | |
Paul Costello Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,773 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$55,574 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$16,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $24,615 |
| Pension plans, employee benefits | $10,940 |
| Interest | $0 |
| Taxes | $4,693 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,462 |
| Total operating and administrative expenses | $55,998 |
| Contributions, gifts, grants paid | $260,500 |
| Total expenses and disbursements | $316,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,043 |
| Savings and temporary cash investments | $0 |
| 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 | $1,692,506 |
| 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, The Wisdom Connection Inc has awarded $260,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AWARE PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
CENTER FOR AN AGRICULTURAL ECONOMY PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
CENTER FOR AN AGRICULTURAL ECONOMY PURPOSE: FLOOD RELIEF | $5,000 |
CIRCUS SMIRKUS (THE CIRCUS BARN INC) PURPOSE: GENERAL OPERATING FUNDS | $5,000 |
CRAFTSBURY COMMUNITY CARE CENTER PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
CRAFTSBURY COMMUNITY CARE CENTER PURPOSE: FLOOD RELIEF | $5,000 |