Phillip Wilensky Foundation
- Assets
- $118.7k
- Revenue
- $8.3k
- Investments
- $111.0k
- Employees
- 0
- Location
- New Hope, MN
- Founding
- 03/1953
- Data as of
- 12/2022
- EIN
- 41-6027291
Organization Overview
Phillip Wilensky Foundation is located in New Hope, MN. The organization was established in 1953. 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. Phillip Wilensky 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, Phillip Wilensky Foundation generated $8.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $8.4k during the year ending 12/2022. While expenses have increased by 8.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Kollins President | 1 | $0 | |
Gary Sokol V. Pres | 1 | $0 | |
Leslee Kollins Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,347 |
| 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 | $8,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $1,658 |
| Contributions, gifts, grants paid | $6,700 |
| Total expenses and disbursements | $8,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,655 |
| 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 | $118,684 |
| 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, Phillip Wilensky Foundation has awarded $6,700 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: CONTRIBUTION | $400 |
AMERICAN LUNG ASSOCIATION PURPOSE: CONTRIBUTION | $200 |
BETH EL SYNAGOGUE CAMP RAMAH FUND PURPOSE: CONTRIBUTION | $125 |
AMERICAN HEART ASSOCIATION PURPOSE: CONTRIBUTION | $200 |
BETH EL SYN ANN & SAUL KOLLINS SPECIAL EDUCATION FUND PURPOSE: CONTRIBUTION | $300 |
BETH EL PHILIP & SARA WILENSKY CAMP SCHOLARSHIP FUND PURPOSE: CONTRIBUTION | $200 |