Waldele Family Foundation Inc
- Assets
- $131.1k
- Revenue
- $181.8k
- Investments
- $110.5k
- Employees
- 0
- Location
- Stirling, NJ
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 22-3774572
Organization Overview
Waldele Family Foundation Inc is located in Stirling, NJ. The organization was established in 2001. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Waldele Family 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, Waldele Family Foundation Inc generated $181.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $69.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Waldele Family Foundation Inc has awarded 56 individual grants totaling $465,000. 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 |
|---|---|---|---|
Robert J Waldele President | 1 | $0 | |
Susanne C Waldele Secretary | 1 | $0 | |
Debra Waldele Champagne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,550 |
| Interest on Savings | $2 |
| Dividends & Interest | $1,647 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,617 |
| Capital Gain Net Income | $71,617 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,759 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,709 |
| Contributions, gifts, grants paid | $61,500 |
| Total expenses and disbursements | $69,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,632 |
| 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 | $0 |
| Total assets | $131,114 |
| 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 | $4,322 |
| Total liabilities | $4,322 |
Grants Awarded
Over the last fiscal year, Waldele Family Foundation Inc has awarded $61,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASSUMPTION COLLEGE FOR SISTERS PURPOSE: SUPPORT CAUSESUPPORT CAUSE | $10,000 |
BESSIE GREEN COMMUNITY INC PURPOSE: SUPPORT CAUSE | $10,000 |
GIRLS ON THE RUN PURPOSE: SUPPORT CAUSE | $5,000 |
CARTER BURDEN NETWORK PURPOSE: SUPPORT CAUSE | $20,000 |
LACORDAIRE ACADEMY PURPOSE: SUPPORT CAUSE | $3,000 |
INSTITUTE OF MUSIC FOR CHILDREN PURPOSE: SUPPORT CAUSE | $1,000 |