Wendys Foundation
- Assets
- $1.4m
- Revenue
- $490.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 31-1807834
Organization Overview
Wendys Foundation is located in Dublin, OH. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Wendys 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 12/2021, Wendys Foundation generated $490.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $376.2k during the year ending 12/2021. While expenses have increased by 23.0% per year over the past 3 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 2020, Wendys Foundation has awarded 93 individual grants totaling $2,305,000. 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 |
|---|---|---|---|
Leigh A Burnside Treasurer | 1 | $0 | |
Liliana M Esposito President | 1 | $0 | |
Todd A Penegor Chief Executive Officer | 1 | $0 | |
Kirk A Vidra Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $490,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $490,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $229 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $933 |
| Total operating and administrative expenses | $1,162 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $376,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,398,094 |
| Savings and temporary cash investments | $0 |
| 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 | $1,398,094 |
| 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, Wendys Foundation has awarded $375,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
THE DAVE THOMAS FOUNDATION FOR ADOP PURPOSE: TO CONTRIBUTE TOWARDS EXPENSES INCURRED TO SUPPORT A FOSTER CARE ADOPTION AGENCY DEDICATED TO FINDING ADOPTIVE HOMES FOR CHILDREN WAITING IN NORTH AMERICA'S FOSTER CARE SYSTEM. | $175,000 |
Columbus, OH PURPOSE: THEIR MISSION IS TO EMPOWER AFRICAN AMERICANS AND DISENFRANCHISED GROUPS THROUGH ECONOMIC EDUCATIONAL AND SOCIAL PROGRESS. | $50,000 |
YWCA COLUMBUS 2021 YWCA KID'S PLACE PURPOSE: ON A MISSION TO INSPIRE LIFELONG LEARNING THROUGH HIGH-QUALITY AFTER-SCHOOL PROGRAMS. | $35,000 |
AMERICAN RED CROSS DISASTER RELIEF PURPOSE: PREVENTS AND ALLEVIATES HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS. | $25,000 |
YWCA COLUMBUS 2021 ACTIVISTS AND AG PURPOSE: DEDICATED TO ELIMINATING RACISM EMPOWERING WOMEN AND PROMOTING PEACE JUSTICE FREEDOM AND DIGNITY FOR ALL. | $15,000 |
Jacksonville, FL PURPOSE: THIS ORGANIZATION SURROUNDS STUDENTS WITH A COMMUNITY OF SUPPORT EMPOWERING THEM TO STAY IN SCHOOL AND ACHIEVE IN LIFE. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Herbert H & Grace A Dow Foundation Midland, MI | $575,608,768 | $36,767,282 |
Dte Energy Foundation Detroit, MI | $165,950,300 | $32,183,321 |
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |