Kenneth And Barbara Wolff Foundation
- Assets
- $79.4k
- Revenue
- $33.8k
- Investments
- $70.7k
- Employees
- 0
- Location
- Medina, OH
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 27-0175925
Organization Overview
Kenneth And Barbara Wolff Foundation is located in Medina, OH. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Kenneth And Barbara Wolff 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, Kenneth And Barbara Wolff Foundation generated $33.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $107.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kenneth And Barbara Wolff Foundation has awarded 90 individual grants totaling $583,000. 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 |
|---|---|---|---|
Michael R Huttinger Board Of Managers | 0 | $0 | |
Edward F Bugner Board Of Managers / Truste | 0 | $0 | |
Robert J Bux Board Of Managers / Secret | 0 | $0 | |
Jeffrey J Wolff Board Of Managers | 0 | $0 | |
Theodore P Wolff Board Of Managers | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54 |
| Dividends & Interest | $738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,020 |
| Capital Gain Net Income | $33,020 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $211 |
| Total operating and administrative expenses | $2,895 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $107,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,732 |
| 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 | $79,407 |
| 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, Kenneth And Barbara Wolff Foundation has awarded $105,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Medina, OH PURPOSE: PROVIDE FOOD, CLOTHING, DIAPERS AND BEDS FOR NEEDY C | $15,000 |
ST MARTIN OF TOURS CATHOLIC CHURCH PURPOSE: BUILDING FUND CONSTRUCTION | $12,500 |
ST FRANCIS XAVIER CATHOLIC SCHOOL PURPOSE: PROVIDE UPGRADES FOR SCHOOL PROJECTS | $12,500 |
ZION LUTHERAN CHURCH BUILDING FUND PURPOSE: BUILDING FUND CONSTRUCTION | $12,500 |
ST MARY OF THE IMMACULATE CONCEPTION CATHOLIC CHURCH PURPOSE: PROVIDE AID TO THE MAJOR REPAIR FUND | $12,500 |
ST VINCENT DE PAUL SOCIETY CLEVELAND DIOCESE PURPOSE: GENERAL FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lesea Global Feed The Hungry Inc South Bend, IN | $8,955,303 | $44,845,049 |
The Glen At St Joseph Dayton, OH | $19,520,405 | $4,747,418 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Jerry And Laura Jacobson Foundation Inc Sugarcreek, OH | $0 | $911,608 |
Satell Institute King Of Prussia, PA | $13,359,727 | $1,126,245 |
Jack Miller Center For Teaching Americas Founding Principles And Bala Cynwyd, PA | $14,689,077 | $1,577,352 |
Saga Foundation Kalamazoo, MI | $17,766,736 | $2,178,963 |
Artyard Erwinna, PA | $77,186,190 | $24,985,342 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
Mansmann Foundation Pa Pittsburgh, PA | $6,102,751 | $745,895 |
Tamim Academies Narberth, PA | $1,567,123 | $2,002,258 |
Thomas And Sandra Usher Camp Rector, PA | $15,474,018 | $882,324 |