Wenger Foundation Inc
- Assets
- $1.7m
- Revenue
- $390.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Myerstown, PA
- Founding
- 06/1996
- Data as of
- 12/2022
- EIN
- 25-1779023
Organization Overview
Wenger Foundation Inc is located in Myerstown, PA. The organization was established in 1996. 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. Wenger 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, Wenger Foundation Inc generated $390.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $940.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wenger Foundation Inc has awarded 141 individual grants totaling $1,468,141. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose E Walmer President | 0 | $20,000 | |
Nancy J Layser Treasurer | 0 | $0 | |
Adam Wenger Secretary | 0 | $0 | |
Margaret I Wenger Director | 0 | $0 | |
Kathryn Wenger Director | 0 | $0 | |
Roger North Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $299,984 |
| Interest on Savings | $105 |
| Dividends & Interest | $25,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$85,053 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $150,284 |
| Total Revenue | $390,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,530 |
| Interest | $0 |
| Taxes | $1,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $67,216 |
| Total operating and administrative expenses | $108,435 |
| Contributions, gifts, grants paid | $831,582 |
| Total expenses and disbursements | $940,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,031 |
| Savings and temporary cash investments | $177,899 |
| 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 | $1,503,191 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,705,121 |
| 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, Wenger Foundation Inc has awarded $831,582 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
EVANGELICAL SEMINARY PURPOSE: GENERAL PURPOSE | $27,288 |
LV EXPO CENTER FAIR GROUNDS PURPOSE: GENERAL PURPOSE | $50,000 |
FRIENDSHIP COMMUNITY PURPOSE: GENERAL PURPOSE | $25,585 |
COBYS FAMILY SERVICES PURPOSE: GENERAL PURPOSE | $23,643 |
LEBANON COUNTY CHRISTIAN MINISTRIES PURPOSE: GENERAL PURPOSE | $4,300 |
BRETHREN DISASTER RELIEF PURPOSE: GENERAL PURPOSE | $6,859 |