Gregg Wadley Foundation Inc
- Assets
- $7.8m
- Revenue
- $5.2m
- Investments
- $7.8m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 01/2008
- Data as of
- 12/2023
- EIN
- 20-3976660
Organization Overview
Gregg Wadley Foundation Inc is located in Oklahoma City, OK. The organization was established in 2008. 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. Gregg Wadley 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 12/2023, Gregg Wadley Foundation Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $759.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gregg Wadley Foundation Inc has awarded 108 individual grants totaling $10,121,473. 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 |
|---|---|---|---|
Gregg A Wadley Director | 0 | $0 | |
Susan E Brackett Director | 0 | $0 | |
Gregg A Wadley II Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,025,042 |
| Interest on Savings | $58 |
| Dividends & Interest | $160,666 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,044,886 |
| Capital Gain Net Income | $2,044,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,230,652 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,200 |
| Taxes | $33,507 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $61,479 |
| Contributions, gifts, grants paid | $697,720 |
| Total expenses and disbursements | $759,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,660 |
| 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 | $7,768,623 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,820,283 |
| 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 | $9,243 |
| Total liabilities | $9,243 |
Grants Awarded
Over the last fiscal year, Gregg Wadley Foundation Inc has awarded $697,720 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIED ARTS PURPOSE: GENERAL | $10,000 |
UNIV OF OKLAHOMA FDN PURPOSE: GENERAL FUNDS | $10,000 |
OKLAHOMA TENNIS FOUNDATION PURPOSE: GENERAL | $25,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL | $50,000 |
OKC BALLET PURPOSE: GENERAL FUNDS | $97,500 |
FAM FOUNDATION PURPOSE: GENERAL | $150,000 |