K T Wiedemann Foundation Inc
- Assets
- $15.6m
- Revenue
- $558.1k
- Investments
- $15.6m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 04/1960
- Data as of
- 02/2024
- EIN
- 48-6117541
Organization Overview
K T Wiedemann Foundation Inc is located in Wichita, KS. The organization was established in 1960. 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. K T Wiedemann Foundation Inc 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 02/2024, K T Wiedemann Foundation Inc generated $558.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $641.4k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, K T Wiedemann Foundation Inc has awarded 81 individual grants totaling $1,541,527. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas S Pringle President | 35 | $260,000 | |
Priscilla C Pringle Boyd Vice President | 2 | $20,000 | |
Elizabeth A Pringle Trustee | 2 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $298,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $259,332 |
| Capital Gain Net Income | $259,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $558,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $295,000 |
| 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 | $3,065 |
| Total operating and administrative expenses | $298,345 |
| Contributions, gifts, grants paid | $343,010 |
| Total expenses and disbursements | $641,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $15,575,364 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,575,364 |
| 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, K T Wiedemann Foundation Inc has awarded $343,010 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES-WICHITA PURPOSE: GENERAL PURPOSES | $25,000 |
WICHITA CHILDRENS HOME PURPOSE: GENERAL PURPOSES | $1,000 |
APNLG OF SCOTLAND PURPOSE: GENERAL PURPOSES | $10,000 |
GOODHUE COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL PURPOSES | $9,000 |
KANSAS HUMANE SOCIETY OF WICHITA PURPOSE: GENERAL PURPOSES | $5,000 |
ENVISION FOUNDATION INC PURPOSE: GENERAL PURPOSES | $5,000 |