Wilshire Charitable Foundation
- Assets
- $5.1m
- Revenue
- $773.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-3873060
Organization Overview
Wilshire Charitable Foundation is located in Oklahoma City, OK. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilshire Charitable 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, Wilshire Charitable Foundation generated $773.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $742.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wilshire Charitable Foundation has awarded 289 individual grants totaling $5,779,574. 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 |
|---|---|---|---|
Paul G Heafy President | 0 | $0 | |
Andria Heafy Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $773,676 |
| Total Revenue | $773,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,715 |
| Total operating and administrative expenses | $47,860 |
| Contributions, gifts, grants paid | $694,350 |
| Total expenses and disbursements | $742,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,760 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,161,250 |
| 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 | $2,901,556 |
| Total assets | $5,064,566 |
| 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 | $733 |
| Total liabilities | $733 |
Grants Awarded
Over the last fiscal year, Wilshire Charitable Foundation has awarded $694,350 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
WHITEHEAD INSTITURE PURPOSE: MEDICALRESEARCH | $250,000 |
Oklahoma City, OK PURPOSE: MEDICALRESEARCH | $130,000 |
OU FOUNDATION PURPOSE: SCHOLARSHIP FUND | $60,000 |
Newport, RI PURPOSE: MEDICALRESEARCH | $25,000 |
HARRY CHAPIN FOODBANK OF SW FLORIDA PURPOSE: FOODBANK | $25,000 |
FISH OF SANCAP PURPOSE: FOOD PANTRYHUMAN SERVICES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |