Whitaker Family Foundation
- Assets
- $13.9m
- Revenue
- $2.2m
- Investments
- $13.6m
- Employees
- 0
- Location
- Fayetteville, AR
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-2311665
Organization Overview
Whitaker Family Foundation is located in Fayetteville, AR. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Whitaker 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 12/2023, Whitaker Family Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $987.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Whitaker Family Foundation has awarded 76 individual grants totaling $5,751,863. 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
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buck Ortega Secretary Treas | 2 | $0 | |
Alicia Wantz CFO | 10 | $30,000 | |
Larry Whitaker Chairman | 0 | $0 | |
Amy Whitaker Vice President | 0 | $0 | |
Emily Ortega Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,280,600 |
| Interest on Savings | $63,299 |
| Dividends & Interest | $358,881 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $458,594 |
| Capital Gain Net Income | $458,594 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$6,972 |
| Total Revenue | $2,154,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,976 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,459 |
| Total operating and administrative expenses | $150,299 |
| Contributions, gifts, grants paid | $837,485 |
| Total expenses and disbursements | $987,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,458 |
| 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 | $6,858,423 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $108,777 |
| Total assets | $13,891,121 |
| 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 | $16 |
| Total liabilities | $16 |
Grants Awarded
Over the last fiscal year, Whitaker Family Foundation has awarded $837,485 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FAULKNER COUNTY COUNCIL ON AGING INC PURPOSE: SUPPORT THE OLA & JOHN HAWKS SENIOR CENTER AND ACTIVITIES CENTER IN CONWAY, AR | $2,500 |
RIVER VALLEY FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: 2023 PRESENTING SPONSORSHIP | $25,000 |
BARNABAS FOUNDATION PURPOSE: PURCHASE OF NEW DINING HALL TABLES AND SEATING AT CAMP BARNABAS | $90,341 |
COMPASSION MINISTRIES COMPASSION HOUSE PURPOSE: FUNDING FOR NEW ROOF, PRIVACY FENCE SPRINKLER SYSTEM, AND SECURITY FOR "RENEE'S HOUSE" | $46,360 |
ARKANSAS ATHLETES OUTREACH PURPOSE: CONSTRUCTION AND OPERATION OF THE COMMUNITY SPORTS CENTER IN ROGERS, ARKANSAS | $303,924 |
RETRIEVING FREEDOM INC PURPOSE: PROVIDE TRAINING OF A SERVICE DOG FOR A CHILD WITH AUTISM | $30,820 |