Wagner Foundation
- Assets
- $3.2m
- Revenue
- $195.4k
- Investments
- $3.2m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 05/1954
- Data as of
- 02/2024
- EIN
- 36-6055674
Organization Overview
Wagner Foundation is located in Northbrook, IL. The organization was established in 1954. 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. Wagner 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 02/2024, Wagner Foundation generated $195.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $226.3k during the year ending 02/2024. While expenses have increased by 2.4% 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 2017, Wagner Foundation has awarded 222 individual grants totaling $1,237,040. 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
MAKING CASH CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS WITH INVESTMENT PROCEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Wagner Treasurer | 0 | $21,248 | |
Ralph Satoloe Secretary | 0 | $21,248 | |
David Wagner Director | 0 | $21,248 | |
Hal Roseth Director | 0 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,854 |
| Dividends & Interest | $64,719 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,833 |
| Capital Gain Net Income | $121,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $195,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,744 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,199 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $75,308 |
| Contributions, gifts, grants paid | $151,000 |
| Total expenses and disbursements | $226,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,423 |
| 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 | $3,247,763 |
| 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 | $11 |
| Total liabilities | $11 |
Grants Awarded
Over the last fiscal year, Wagner Foundation has awarded $151,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BERNIE'S BOOK BANK PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $2,000 |
AMERICAN LIVER FOUNDATION PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $2,000 |
AMFAR - FOUNDATION FOR AIDS RESEARC PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $5,000 |
CHICAGO COALITION FOR THE HOMELESS PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $3,000 |
FORCE - FACING HEREDITARY CANCER EM PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $1,000 |
GGC FOUNDATION PURPOSE: TO AID THE ORGANIZATION AND FURTHER EXEMPT PURPOSES. | $3,500 |