The Wlt Foundation
- Assets
- $9.6m
- Revenue
- $923.8k
- Investments
- $9.1m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 30-6016104
Organization Overview
The Wlt Foundation is located in Greenville, SC. The organization was established in 2002. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wlt 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, Wlt Foundation generated $923.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $840.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wlt Foundation has awarded 28 individual grants totaling $5,240,666. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Raoul Glenn Jr Chairman | 1 | $0 | |
Wadley R Glenn III Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $70,451 |
| Dividends & Interest | $134,238 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $719,126 |
| Capital Gain Net Income | $719,126 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $923,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,322 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $102,980 |
| Total operating and administrative expenses | $135,537 |
| Contributions, gifts, grants paid | $705,333 |
| Total expenses and disbursements | $840,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $497,358 |
| 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 | $80,656 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,639,730 |
| 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, The Wlt Foundation has awarded $705,333 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MAYO CLINIC PURPOSE: TO FURTHER THE ORGANIZATIONS MISSION | $15,000 |
PRISMA CANCER INSTITUTE PURPOSE: TO FURTHER THE ORGANIZATIONS MISSION | $115,000 |
SEARCH MINISTRIES PURPOSE: TO FURTHER THE ORGANIZATIONS MISSION | $20,000 |
YOUNG LIFE FOUNDATION PURPOSE: TO FURTHER THE ORGANIZATIONS MISSION | $555,333 |