Car Donation Foundation
- Assets
- $11.7m
- Revenue
- $52.9m
- Investments
- $0.0
- Employees
- 1
- Location
- St Louis Park, MN
- Founding
- 05/2009
- Data as of
- 12/2023
- EIN
- 26-3408048
Organization Overview
Car Donation Foundation, operating under the name Wheels For Wishes Animal Car Donation, is located in St Louis Park, MN. The organization was established in 2009. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Wheels For Wishes Animal Car Donation 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, Wheels For Wishes Animal Car Donation generated $52.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $52.9m during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 8 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, Wheels For Wishes Animal Car Donation has awarded 609 individual grants totaling $121,593,507. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIALLY SUPPORT CHARITABLE ORGANIZATIONS THROUGH MOTOR VEHICLE & OTHER PROPERTY DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIALLY SUPPORT OTHER CHARITABLE ORGANIZATIONS THROUGH MOTOR VEHICLE AND OTHER PROPERTY DONATIONS. DONORS CONTRIBUTE MOTOR VEHICLES WHICH ARE SOLD BY WHOLESALE AUCTION HOUSES TO THE GENERAL PUBLIC. SUBSTANTIALLY ALL PROCEEDS, AFTER EXPENSE, ARE DONATED TO RECIPIENT CHARITIES. RECIPIENT CHARITIES CONSIST OF 54 MAKE-A-WISH CHAPTERS ALL OVER THE COUNTRY, 26 VETERAN ORGANIZATIONS WITH PROGRAMS IMPACTING THE ENTIRE UNITED STATES, CERTAIN CHILDREN'S CHARITIES AND PEDIATRIC HOSPITALS IN DIFFERENT PARTS OF THE UNITED STATES AND ANIMAL HUMANE, ASSISTANCE AND ADOPTION CHARITIES. SINCE THE PROGRAM BEGAN, A MILESTONE GOAL OF DONATING IN EXCESS OF $133 MILLION TO CHARITY RECIPIENTS WAS REACHED IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Orwig President | OfficerTrustee | 1 | $0 |
Roger Gershin Treasurer | OfficerTrustee | 1 | $0 |
Anne Veach Secretary | OfficerTrustee | 1 | $0 |
Karinne Tarshish Director | Trustee | 1 | $0 |
Mark Karon Director | Trustee | 1 | $0 |
Loren Dorshow Executive Director | Officer | 40 | $280,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Fundraising Management Management Services | 12/30/23 | $16,492,094 |
Craig D Greenberg Legal | 12/30/23 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,319,137 |
| Noncash contributions included in lines 1a–1f | $61,319,137 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,319,137 |
| Total Program Service Revenue | $0 |
| Investment income | $181,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$8,621,536 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,879,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,209,428 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,000 |
| Compensation of current officers, directors, key employees. | $140,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $24,000 |
| Other employee benefits | $0 |
| Payroll taxes | $14,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150,000 |
| Fees for services: Accounting | $70,596 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $12,477,878 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,504 |
| Advertising and promotion | $26,492,292 |
| Office expenses | $3,714 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,340 |
| Travel | $14,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $105,409 |
| All other expenses | $0 |
| Total functional expenses | $52,897,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,159,563 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,382,284 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,024,486 |
| Prepaid expenses and deferred charges | $117,139 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,683,472 |
| Accounts payable and accrued expenses | $3,769,967 |
| Grants payable | $386,406 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,156,373 |
| Net assets without donor restrictions | $7,527,099 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,683,472 |
Grants Awarded
Over the last fiscal year, Car Donation Foundation has awarded $13,198,589 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
MAKE A WISH FOUNDATION OF MASSACHUSETTS & RHODE ISLAND PURPOSE: GENERAL SUPPORT | $274,707 |
MAKE A WISH FOUNDATION OF NEW JERSEY PURPOSE: GENERAL SUPPORT | $155,268 |
MAKE A WISH FOUNDATION MID-ATLANTIC PURPOSE: GENERAL SUPPORT | $325,378 |
HOMES FOR OUR TROOPS INC PURPOSE: GENERAL SUPPORT | $295,800 |
BOB WOODRUFF FAMILY FOUNDATION PURPOSE: GENERAL SUPPORT | $375,032 |
MAKE A WISH FOUNDATION GREATER BAY AREA PURPOSE: GENERAL SUPPORT | $370,917 |