The Drew And Colleen Wolford Foundation Foundation
- Assets
- $0.0
- Revenue
- $670.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plymouth, MI
- Founding
- 06/2005
- Data as of
- 12/2020
- EIN
- 20-0305451
Organization Overview
The Drew And Colleen Wolford Foundation Foundation is located in Plymouth, MI. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2020, Drew And Colleen Wolford Foundation Foundation generated $670.0 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 (25.0%) each year. All expenses for the organization totaled $32.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Drew And Colleen Wolford Foundation Foundation has awarded 66 individual grants totaling $167,722. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen M Wolford President | 6 | $0 | |
Paul H Johnson Vice President | 0 | $0 | |
Drew M Wolford Secretary | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $44 |
| Dividends & Interest | $22 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $604 |
| Capital Gain Net Income | $14 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $285 |
| Total operating and administrative expenses | $7,510 |
| Contributions, gifts, grants paid | $24,822 |
| Total expenses and disbursements | $32,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 Drew And Colleen Wolford Foundation Foundation has awarded $24,822 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTAR PURPOSE: GENERAL FUND | $250 |
ETHNOS 360 PURPOSE: GENERAL FUND | $100 |
MARANATHA BIBLE CONFERENCE PURPOSE: GENERAL FUND | $5,000 |
MINISTRY ESSENTIALS PURPOSE: GENERAL FUND | $100 |
CROSSROADS PRISON MINISTRIES PURPOSE: GENERAL FUND | $1,000 |
NEW HORIZONS PURPOSE: GENERAL FUND | $1,000 |