Worsham Family Foundation
- Assets
- $181.8k
- Revenue
- $15.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 20-5698279
Organization Overview
Worsham Family Foundation is located in Ann Arbor, MI. The organization was established in 2007. 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. Worsham Family 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 12/2022, Worsham Family Foundation generated $15.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $15.2k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Worsham Family Foundation has awarded 74 individual grants totaling $118,000. 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 |
|---|---|---|---|
Katherine A Worsham President, Director | 1 | $0 | |
Richard B Worsham Secretary, Treasurer, Dire | 1 | $0 | |
Aaron J Worsham Vice President, Director | 1 | $0 | |
Shannon E Worsham Vice President, Director | 1 | $0 | |
Sarah B Worsham Vice President, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $28 |
| 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 | $0 |
| Total Revenue | $15,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,200 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $15,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,893 |
| 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 | $161,891 |
| Total assets | $181,784 |
| Accounts payable and accrued expenses | $1,000 |
| 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 | $1,000 |
Grants Awarded
Over the last fiscal year, Worsham Family Foundation has awarded $14,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
826 MICHIGAN PURPOSE: TO PROVIDE FOR THE MENTORING AND TEACHING OF READING, WRITING AND OTHER EDUCATIONAL SKILLS TO PUBLIC SCHOOL CHILDREN | $1,000 |
ANN ARBOR HANDS-ON-MUSEUM PURPOSE: TO INSPIRE PEOPLE TO DISCOVER THE WONDER OF SCIENCE, TECHNOLOGY, MATH, ART, AND ENGINEERING AND TO BE THE LEADER IN IMAGINATIVE LEARNING EXPERIENCES. | $1,000 |
DEXTER AREA HISTORICAL SOCIETY PURPOSE: TO PRESERVE OUR HISTORY AND INSPIRE OUR COMMUNITY TO CONNECT THE PAST WITH THE FUTURE. | $1,000 |
FOOD GATHERERS PURPOSE: THE ORGANIZATION SUPPORTS LOCAL FEEDING PROGRAMS THROUGHOUT WASHTENAW COUNTY THROUGH COLLECTION AND DELIVERY OF SURPLUS PERISHABLE FOOD FROM LOCAL SOURCES AND FROM THE ACQUISITION AND DISTRIBUTION OF NONPERISHABLE FOOD THROUGH A NATIONAL FOOD BANK PROGRAM. | $3,000 |
HORSES HAVEN PURPOSE: WELFARE AND HUMANE CARE OF HORSES AND OTHER LARGE ANIMALS. | $1,500 |
HUMANE SOCIETY OF HURON VALLEY PURPOSE: CARE FOR AND PROTECT THE MOST VULNERABLE ANIMALS IN OUR COMMUNITY AND GIVE THEM A FRESH START IN LIFE. | $2,500 |