Wagner Foundation
- Assets
- $0.0
- Revenue
- $35.9m
- Investments
- $178.4m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 20-6079941
Organization Overview
Wagner Foundation is located in Cambridge, MA. The organization was established in 2004. 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. Wagner 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, Wagner Foundation generated $35.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $14.7m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 3 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 2020, Wagner Foundation has awarded 417 individual grants totaling $51,166,970. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert S Wagner III Trustee | 1 | $0 | |
Charlotte R Cramer Wagner Trustee | 40 | $0 | |
Caroline Easley Deputy Director | 40 | $150,900 | |
Lily Sargeant Program Officer, Us | 40 | $98,750 | |
David Demosthenes Grants & Impact Mana | 40 | $80,900 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aw-arch | 12/30/22 | $185,749 |
Fiducient | 12/30/22 | $168,221 |
Uncommon Union | 12/30/22 | $95,348 |
Redgate Real Estate Advisors | 12/30/22 | $92,000 |
Rsm Us Llp | 12/30/22 | $86,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000,000 |
| Interest on Savings | $94 |
| Dividends & Interest | $832,593 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,918,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $30,586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,771 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $971,708 |
| Contributions, gifts, grants paid | $13,711,090 |
| Total expenses and disbursements | $14,682,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,561 |
| Investments—mortgage loans | $0 |
| Investments—other | $117,124,977 |
| Other assets | -$740,964 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,163 |
Grants Awarded
Over the last fiscal year, Wagner Foundation has awarded $14,691,000 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
ALIANZA DV SERVICES INC PURPOSE: ANNUAL FUND | $10,000 |
BOSTON ART REVIEW PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
BIG BROTHERS BIG SISTERS OF EASTERN MA PURPOSE: 2022 AEROSMITH EVENT, WAIVING ALL GOODS AND SERVICES | $25,000 |
BOSTON COMMUNITY PEDIATRICS PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
GENUNITY INC PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
BOSTON CYCLISTS UNION PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |