Wurwand Foundation
- Assets
- $60.5m
- Revenue
- $10.0m
- Investments
- $51.8m
- Employees
- 0
- Location
- Encino, CA
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 47-4821139
Organization Overview
Wurwand Foundation is located in Encino, CA. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wurwand 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 12/2021, Wurwand Foundation generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 19.3% 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.
Since 2018, Wurwand Foundation has awarded 160 individual grants totaling $8,145,842. 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Olson Director Of Community Part | 40 | $109,791 | |
Raymond L Wurwand President | 1 | $0 | |
Jane D Wurwand Secretary | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Megan Rosati | 12/30/21 | $32,710 |
Blank Space | 12/30/21 | $70,501 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,806,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,196,581 |
| Capital Gain Net Income | $3,534,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $464 |
| Total Revenue | $10,003,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $109,791 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $394 |
| Printing and publications | $0 |
| Other expenses | $326,612 |
| Total operating and administrative expenses | $512,992 |
| Contributions, gifts, grants paid | $2,532,900 |
| Total expenses and disbursements | $3,045,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,623,312 |
| 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 | $45,319,561 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $71,950 |
| Total assets | $60,540,784 |
| 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, Wurwand Foundation has awarded $2,532,900 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: DONOR ADVISED FUND TO BE USED TO CONTRIBUTE TO CHARITABLE ORGANIZATIONS | $1,360,000 |
THE OPPORTUNITY FUND PURPOSE: TO FURTHER THE AGENDA OF THE ORGANIZATION. | $400,000 |
Los Angeles, CA PURPOSE: TO FURTHER THE AGENDA OF THE ORGANIZATION. | $100,000 |
Santa Monica, CA PURPOSE: TO FURTHER THE AGENDA OF THE ORGANIZATION. | $100,000 |
Los Angeles, CA PURPOSE: TO FURTHER THE AGENDA OF THE ORGANIZATION. | $85,000 |
CSUN FOUNDATION PURPOSE: TO FURTHER THE AGENDA OF THE ORGANIZATION. | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |