Wyncote Foundation
- Assets
- $548.4m
- Revenue
- $15.6m
- Investments
- $541.6m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-3535044
Organization Overview
Wyncote Foundation is located in Philadelphia, PA. The organization was established in 2009. 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. Wyncote Foundation 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, Wyncote Foundation generated $15.6m 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 (36.1%) each year. All expenses for the organization totaled $24.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wyncote Foundation has awarded 645 individual grants totaling $113,329,033. 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 |
|---|---|---|---|
Frederick R Haas Board Chair | 4 | $0 | |
David W Haas Vice Chair/secretary | 4 | $0 | |
Leonard C Haas Vice Chair | 4 | $0 | |
Duncan A Haas Vice Chair | 4 | $0 | |
Kristin Ross Robinson Executive Director/asst. Treasurer | 40 | $300,000 | |
Sara Schreffler Managing Director | 40 | $115,797 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wells Fargo Bank Na | 12/30/22 | $715,902 |
Segal Marco Advisors | 12/30/22 | $168,977 |
Edgewood Management | 12/30/22 | $232,275 |
Fo Houstoun | 12/30/22 | $121,258 |
Cliftonlarsonallen Llp | 12/30/22 | $110,880 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $83,817 |
| Dividends & Interest | $9,896,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,611,869 |
| Capital Gain Net Income | $12,034,926 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,458 |
| Total Revenue | $15,600,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300,000 |
| Other employee salaries and wages | $280,074 |
| Pension plans, employee benefits | $88,961 |
| Interest | $200,355 |
| Taxes | $447,703 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,509 |
| Printing and publications | $0 |
| Other expenses | $568,474 |
| Total operating and administrative expenses | $2,996,610 |
| Contributions, gifts, grants paid | $21,893,981 |
| Total expenses and disbursements | $24,890,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,571 |
| Savings and temporary cash investments | $6,635,590 |
| 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 | $196,255,572 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $548,416,966 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $20,310,017 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $4,797,000 |
| Other liabilities | $600,000 |
| Total liabilities | $25,707,017 |
Grants Awarded
Over the last fiscal year, Wyncote Foundation has awarded $38,131,401 in support to 206 organizations.
| Grant Recipient | Amount |
|---|---|
1812 PRODUCTIONS INC PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $55,000 |
ACT II PLAYHOUSE LTD PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $15,000 |
AL DIA FOUNDATION PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $15,000 |
AMERICAN DOCUMENTARY INC PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $202,375 |
AMERICAN ORGAN ACADEMY PURPOSE: SUPPORT FOR HISTORIC PIPE ORGAN | $220,000 |
AMERICAN SOLAR ENERGY SOCIETY INC PURPOSE: SUPPORT FOR ONGOING PROGRAMS | $30,000 |