W D Ley Foundation
- Assets
- $509.1k
- Revenue
- $26.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Center, IA
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 42-1661135
Organization Overview
W D Ley Foundation is located in Buffalo Center, IA. The organization was established in 2006. 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. W D Ley 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 12/2023, W D Ley Foundation generated $26.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $26.0k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 9 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, W D Ley Foundation has awarded 194 individual grants totaling $200,300. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ASSISTED QUALIFIED ORGANIZATIONS IN THE BUFFALOCENTER, LAKOTA, LAKE MILLS AND BRITT, IOWA AREAS, AS WELL AS, THE BRICELYN, MINNESOTA AREA, WITH SPECIFIC COMMUNITY BETTERMENT AND/OR DEVELOPMENT PROJECTS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF GRANTS. THESE GRANTS POTENTUALLY AID ALL OF THE CITZENS OF THESE COMMUNITIES BY IMPROVING FIRE DEPARTMENTS, AMBULANCE SERVICE, CITY RECREATION/ORGANIZATIONAL OPPORTUNITIES, HISTORICAL MUSEUMS, LIBRARIES, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candy Hanna Director | 0 | $0 | |
Jessa Wirth Dir/sec/treas | 0.25 | $0 | |
David Ley President | 0 | $0 | |
Troy Armstrong Director | 0 | $0 | |
Kristin Bullerman Director | 0 | $0 | |
James Nelson Dir/vice Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,830 |
| 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 | $26,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $995 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $25,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $509,113 |
| 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 | $509,113 |
| 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, W D Ley Foundation has awarded $25,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF LAKOTA FIRE DEPTAMBULANCE PURPOSE: VOLUNTEER FIRE/ AMBULANCE DEPT IMPR | $2,600 |
LAKE MILLS PARKS RECREATION PURPOSE: COMM BETTERMENT | $1,500 |
BRITT FIRE DEPT PURPOSE: VOLUNTEER FIRE DEPT | $750 |
LAKOTALEDYARD AMERICAN LEGION AUXIL PURPOSE: SCHOLARSHIPS/UPKEEP/ETC | $400 |
THE BRITT GROUP PURPOSE: HISTORIC PRESERVATION | $750 |
LAKE MILLS PUBLIC LIBRARY PURPOSE: LOCAL LIBRARY SUPPORT | $630 |