Grant Me The Wisdom Foundation
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-4059674
Organization Overview
Grant Me The Wisdom Foundation is located in Houston, TX. The organization was established in 2012. 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. Grant ME The Wisdom 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, Grant ME The Wisdom Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $901.8k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 7 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, Grant ME The Wisdom Foundation has awarded 196 individual grants totaling $3,121,124. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF CONNECT@6800 BELLAIRE IS TO USE THE POWER OF HEALTHY PARTNERSHIPS TO CREATE A DYNAMIC PLACE OF HOPE AND HEALTH IMPROVING THE LIVES OF ALL RESIDENTS THROUGH SELF-RELIANCE AND PARTNERSHIPS. A COMMUNITY CENTER WILL BE CONSTRUCTED AS THE NEIGHBORHOOD HUB AROUND WHICH A TRULY FAMILY-FRIENDLY, SAFE NEIGHBORHOOD WILL GROW. DURING 2015, THE FOUNDATION PAID FOR CONSULTANTS AND OPERATING EXPENSES RELATED TO THIS PROJECT. IN LATE 2015, CONNECT@6800 BELLAIRE RECEIVED RECOGNITION OF EXEMPT STATUS UNDER 501(C)(3) AND BEGAN CONDUCTING ACTIVITIES DIRECTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra L Mcleod President/treasury | 55 | $0 | |
Jay K Sears Chairman/vp/secretary | 2 | $0 | |
William J Mcleod Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,085,000 |
| 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 | $43,260 |
| Total Revenue | $1,128,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $225,722 |
| Total operating and administrative expenses | $244,643 |
| Contributions, gifts, grants paid | $657,163 |
| Total expenses and disbursements | $901,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,464 |
| 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 | $1,866,860 |
| Total assets | $2,036,324 |
| Accounts payable and accrued expenses | $18,343 |
| 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 | $18,343 |
Grants Awarded
Over the last fiscal year, Grant Me The Wisdom Foundation has awarded $657,163 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN SEMINARY PURPOSE: RELIGION | $30,000 |
ACADEMIA PURPOSE: EDUCATION & RESEARCH | $120 |
BAYLOR UNIVERSITY PURPOSE: EDUCATION & RESEARCH | $49,200 |
BAPTIST WOMEN IN MINISTRY PURPOSE: RELIGION | $16,500 |
BLINKNOW FOUNDATION PURPOSE: EDUCATION AND RESEARCH | $77,960 |
BEYOND THE 11TH PURPOSE: 2SOCIAL IMPACT | $5,000 |