Wall Family Power Townsend Foundation Inc is located in Helena, MT. The organization was established in 2005. 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. Wall Family Power Townsend 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 12/2022, Wall Family Power Townsend Foundation Inc generated $149.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $466.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wall Family Power Townsend Foundation Inc has awarded 45 individual grants totaling $1,761,889. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO ORGANIZATION FOR CONSTRUCTION OF LOW INCOME HOUSING.
CONTRIBUTIONS TO VARIOUS 501(C)(3) ORGANIZATIONS FOR FUNDING PROGRAMS THAT ASSIST THE NEEDS OF THE HELENA COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Wall President | 1 | $0 | |
Kevin Wall Vice Pres/sec/treasurer | 1 | $0 | |
Marcia Wall Director | 1 | $0 | |
Terry Cosgrove Director | 1 | $0 | |
Gary Carlson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $43,313 |
Dividends & Interest | $41,845 |
Net Rental Income | $50,555 |
Net Gain on Sale of Assets | $125 |
Capital Gain Net Income | $125 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $149,575 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,762 |
Depreciation | $13,737 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,040 |
Total operating and administrative expenses | $21,732 |
Contributions, gifts, grants paid | $444,245 |
Total expenses and disbursements | $465,977 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,196,038 |
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 | $3,054,067 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,250,105 |
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 |
Over the last fiscal year, Wall Family Power Townsend Foundation Inc has awarded $444,245 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
HELENA AREA HABITAT FOR HUMANITY PURPOSE: PHILANTHROPIC PURPORSE | $367,745 |
Helena, MT PURPOSE: PHILANTHROPIC PURPORSE | $25,000 |
Helena, MT PURPOSE: PHILANTHROPIC PURPORSE | $20,000 |
YOUTH DYNAMICS PURPOSE: PHILANTHROPIC PURPORSE | $10,000 |
Helena, MT PURPOSE: PHILANTHROPIC PURPORSE | $5,000 |
East Helena, MT PURPOSE: PHILANTHROPIC PURPORSE | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |
The Aditi Foundation Sioux Falls, SD | $272,669 | $9,625,048 |
Denny Sanford Foundation Sioux Falls, SD | $42,390,595 | $5,136,218 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Dakota Charitable Foundation Inc Rapid City, SD | $26,047,186 | $2,168,472 |