Leight M Wilson Foundation Inc
- Assets
- $440.0k
- Revenue
- $92.3k
- Investments
- $332.5k
- Employees
- 0
- Location
- Glasgow, KY
- Founding
- 04/1969
- Data as of
- 12/2023
- EIN
- 23-7015224
Organization Overview
Leight M Wilson Foundation Inc is located in Glasgow, KY. The organization was established in 1969. 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. Leight M Wilson 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 12/2023, Leight M Wilson Foundation Inc generated $92.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $98.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Leight M Wilson Foundation Inc has awarded 275 individual grants totaling $265,611. 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 |
|---|---|---|---|
Evelyn Hudson Vice President | 5 | $6,400 | |
Alan H Wilson Treasurer | 10 | $6,400 | |
Stephen K Wilson Secretary | 5 | $6,400 | |
Leight M Wilson II Director | 5 | $6,400 | |
Norvin B Wilson Jr President | 5 | $6,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,989 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,304 |
| Capital Gain Net Income | $35,304 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,336 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $149 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,350 |
| Total operating and administrative expenses | $65,585 |
| Contributions, gifts, grants paid | $32,650 |
| Total expenses and disbursements | $98,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,531 |
| 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 | $0 |
| Total assets | $440,006 |
| 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, Leight M Wilson Foundation Inc has awarded $32,650 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
S K WINTERS FAMILY SERVICES PURPOSE: CHARITABLE | $600 |
WHAS CRUSADE FOR CHILDREN PURPOSE: CHARITABLE | $2,000 |
BLUEGRASS LEGACY PURPOSE: CHARITABLE | $5,000 |
HOME OF THE INNOCENTS PURPOSE: CHARITABLE | $250 |
PRAIRIE VIEW CHRISTIAN CHURCH PURPOSE: RELIGIOUS | $1,000 |
HARVEY BROWNE PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $1,000 |