Iwfs Foundation Inc

Organization Overview

Iwfs Foundation Inc is located in Bedminster, NJ. The organization was established in 1989. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iwfs 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 09/2023, Iwfs Foundation Inc generated $84.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $70.8k during the year ending 09/2023. While expenses have increased by 21.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

FUNDING OF SCHOLARSHIPS FOR THE STUDY OF THE CULINARY ARTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MADE SCHOLARSHIP GRANTS FOR QUALIFIED STUDENTS IN THE FIELDS OF OENOLOGY, VITICULTURE AND THE CULINARY ARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Jones
Chairman/direct
$0
Dwight Catherwood
Treasurer
$0
Ira Green
Director
$0
James Storfer
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$40,980
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$40,980
Total Program Service Revenue$0
Investment income $43,307
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $84,287

Grants Awarded

Over the last fiscal year, Iwfs Foundation Inc has awarded $64,418 in support to 2 organizations.

Grant RecipientAmount

CULINARY INSTITUTE OF AMERICA

PURPOSE: Scholarships

$34,768

UC DAVIS FOUNDATION

PURPOSE: Scholarships

$29,650
View Grant Profile

Peer Organizations

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