Thomas J & Bette Wolff Family Charitable Foundation Inc
- Assets
- $643.8k
- Revenue
- $114.0k
- Investments
- $602.0k
- Employees
- 0
- Location
- Manchester, CT
- Founding
- 03/1986
- Data as of
- 12/2022
- EIN
- 22-2655664
Organization Overview
Thomas J & Bette Wolff Family Charitable Foundation Inc is located in Manchester, CT. The organization was established in 1986. 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. Thomas J & Bette Wolff Family Charitable 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, Thomas J & Bette Wolff Family Charitable Foundation Inc generated $114.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $47.5k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 7 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 2016, Thomas J & Bette Wolff Family Charitable Foundation Inc has awarded 125 individual grants totaling $150,654. 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 |
|---|---|---|---|
Mary E Wolff President | 0 | $0 | |
Gregory S Wolff Director | 0 | $0 | |
Gary T Wolff Director | 0 | $0 | |
Debra E Davis Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,467 |
| Interest on Savings | $3 |
| 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 | $33,501 |
| Total Revenue | $113,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $466 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88 |
| Total operating and administrative expenses | $1,804 |
| Contributions, gifts, grants paid | $45,647 |
| Total expenses and disbursements | $47,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,779 |
| 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 | $601,849 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $643,805 |
| 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 |
Grants Awarded
Over the last fiscal year, Thomas J & Bette Wolff Family Charitable Foundation Inc has awarded $45,647 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ASCPA PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $60 |
BETHESDA HOSPITAL FOUNDATION PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $5,000 |
COMPASSION AND CHOICES PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $100 |
THE HUMANE SOCIETY OF THE UNITED STATES PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $37 |
INDIAN VALLEY YMCA PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $500 |
ST JUDE'S CHILDRENS RESEARCH HOSPITAL PURPOSE: FUND CHARITABLE MISSION OF ORGANIZATION | $250 |