Alfred L Wolf And Constance Wolf Aviation Fund
- Assets
- $677.1k
- Revenue
- $39.8k
- Investments
- $646.7k
- Employees
- 0
- Location
- Glenside, PA
- Founding
- 10/1985
- Data as of
- 04/2022
- EIN
- 23-2494508
Organization Overview
Alfred L Wolf And Constance Wolf Aviation Fund is located in Glenside, PA. The organization was established in 1985. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alfred L Wolf And Constance Wolf Aviation Fund 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 04/2022, Alfred L Wolf And Constance Wolf Aviation Fund generated $39.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $26.1k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEBSITE AND OTHER EDUCATIONAL AVIATION PROJECTS IN FURTHERANCE OF THE FUNDS EXEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Wolf Trustee | 0 | $0 | |
Leonard J Cooper Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $9,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,137 |
| Capital Gain Net Income | $30,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,367 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $980 |
| Printing and publications | $0 |
| Other expenses | $4,155 |
| Total operating and administrative expenses | $18,552 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $26,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,324 |
| Savings and temporary cash investments | $21,031 |
| 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 | $2,040 |
| Total assets | $677,064 |
| 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, Alfred L Wolf And Constance Wolf Aviation Fund has awarded $12,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lindrith, NM PURPOSE: EDUCATIONAL | $7,500 |
Norwood, MA PURPOSE: EDUCATIONAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weatherhead Foundation Mayfield Heights, OH | $3,247,950 | $7,024,403 |
Great Lakes Museum Of Science Environment And Technology Cleveland, OH | $35,789,893 | $8,668,150 |
Textile Research Institute Princeton, NJ | $3,898,416 | $5,113,874 |
Science Friday Initiative Inc New York, NY | $7,093,144 | $3,258,319 |
American Center For Physics Inc college park, MD | $26,806,500 | $2,493,197 |
Nexterra Foundation Inc Millerton, NY | $1,249,653 | $1,839,240 |
New York Sun Works Inc New York, NY | $1,656,607 | $1,789,776 |
Lane Aviation Employee Benefit Trust Columbus, OH | $1,226,568 | $1,226,568 |
Foundation For Earth Science Information Partners Severna Park, MD | $405,625 | $972,847 |
Albert J Weatherhead Iii Foundation Co Thomas F Allen Mayfield Heights, OH | $11,637,912 | $965,950 |
International Union United Auto Aerospace & Agricultural Wkrs 647 Cincinnati, OH | $1,779,838 | $584,875 |
Csrm Foundation Inc Baltimore, MD | $134,329 | $496,916 |