West Family Foundation
- Assets
- $2.0m
- Revenue
- $220.9k
- Investments
- $2.0m
- Employees
- 0
- Location
- Coralville, IA
- Founding
- 09/2002
- Data as of
- 06/2024
- EIN
- 33-1006158
Organization Overview
West Family Foundation is located in Coralville, IA. 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. West Family 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 06/2024, West Family Foundation generated $220.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $93.9k during the year ending 06/2024. While expenses have increased by 3.1% 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 2015, West Family Foundation has awarded 174 individual grants totaling $575,758. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen L West President | 1 | $0 | |
Robin Walenta Director | 1 | $0 | |
Ryan West Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,887 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,152 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,613 |
| Capital Gain Net Income | $33,613 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,200 |
| Total Revenue | $220,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,031 |
| Contributions, gifts, grants paid | $76,904 |
| Total expenses and disbursements | $93,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,650 |
| 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 | $1,996,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,025,097 |
| 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, West Family Foundation has awarded $76,904 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALAN HUCKLEBERRY PURPOSE: PIANO SUNDAY EDUCATIONAL PERFORMANCE AT UNIVERSITY OF IOWA | $500 |
CALIFORNIA MUSIC EDUCATION FOUNDATION PURPOSE: GENERAL FUND | $3,000 |
DISABLED INDIVIDUALS PURPOSE: MUSIC THERAPY | $3,904 |
CHILDSERVE FOUNDATION PURPOSE: MUSIC THERAPY SERVICES | $5,000 |
IOWA CITY COMMUNITY SCHOOL DISTRICT FOUNDATION PURPOSE: 2024 SYMPHONY GOES TO SCHOOL PROGRAM | $2,000 |
IOWA MUSIC TEACHER ASSOCIATION PURPOSE: SUPPORT STUDENT SOLO CONTESTS AT THE STATE CONFERENCE | $500 |