The Wireless Foundation
- Assets
- $35.1m
- Revenue
- $2.2m
- Investments
- $10.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 52-1708229
Organization Overview
The Wireless Foundation, operating under the name Ctia Wireless Foundation, is located in Washington, DC. The organization was established in 1991. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ctia Wireless 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, Ctia Wireless Foundation generated $2.2m 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 $1.3m during the year ending 12/2021. While expenses have increased by 8.0% 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 2014, Ctia Wireless Foundation has awarded 15 individual grants totaling $720,050. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WIRELESS FOUNDATION INITIATES AND OVERSEES PHILANTHROPIC PROGRAMS THAT UTILIZE WIRELESS TECHNOLOGY TO HELP AMERICANS AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATALYST - CATALYST IS A COMPETITIVE GRANTS PROGRAM THAT ACCELERATES THE WORK OF SOCIAL ENTREPRENEURS USING WIRELESS TO TACKLE PRESSING HEALTH AND WELLNESS CHALLENGES ACROSS AMERICAN COMMUNITIES. CATALYST AWARD RECIPIENTS USE THE POWER OF WIRELESS TO CREATE INNOVATIVE, COMPASSIONATE SOLUTIONS TO INCREASE ACCESS TO PERSONALIZED CARE AND STRENGTHEN THE HUMAN CONNECTION. CATALYST SEEKS TO PUSH THE BOUNDARIES OF WHAT IS POSSIBLE THROUGH WIRELESS TECHNOLOGY.
ACCELERATOR - ACCELERATOR PARTNERSHIPS IS A PROGRAM SUPPORTING NONPROFIT AND MISSION-DRIVEN ENTERPRISES THAT FACILITATE TECH SOCIAL ENTREPRENEURS' WORK. WITH AN EMPHASIS ON IMPACT AT SCALE, THE FOUNDATION PARTNERS WITH ORGANIZATIONS THAT NURTURE AND DEVELOP THE POTENTIAL OF SOCIAL ENTREPRENEURS TO DELIVER POSITIVE OUTCOMES MADE POSSIBLE BY WIRELESS TECHNOLOGY.
INTERACTIVE MEDIA AND CONTENT PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith A Baker President | OfficerTrustee | 1 | $0 |
Alice Tornquist Chairwoman (until 08/2021) | OfficerTrustee | 1 | $0 |
Megan Pollock Treasurer | OfficerTrustee | 1 | $0 |
Eduardo Arthur Chairman (as Of 09/2021) | OfficerTrustee | 1 | $0 |
Jamie Hastings Secretary | OfficerTrustee | 1 | $0 |
Carrie Hughes Vice Chairwoman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Agencyq Inc Digital Design/tech | 12/30/21 | $191,512 |
Ellipse Productions Event Production | 12/30/21 | $149,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $270,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,000 |
| Total Program Service Revenue | $0 |
| Investment income | $1,271,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $645,937 |
| Net Income from Fundraising Events | -$1,613 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,185,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $376,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $189,400 |
| Fees for services: Legal | $415 |
| Fees for services: Accounting | $51,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,308 |
| Fees for services: Other | $301,900 |
| Advertising and promotion | $79,778 |
| Office expenses | $1,717 |
| Information technology | $44,112 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,490 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,967 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,996 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,267,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,000 |
| Savings and temporary cash investments | $1,298,490 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,862 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,729 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,362,057 |
| Investments—other securities | $10,131,118 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $172,920 |
| Total assets | $35,119,176 |
| Accounts payable and accrued expenses | $51,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $165,130 |
| Total liabilities | $216,530 |
| Net assets without donor restrictions | $34,902,646 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,119,176 |
Grants Awarded
Over the last fiscal year, The Wireless Foundation has awarded $366,550 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL SUPPORT | $104,200 |
BLOOMLIFE PURPOSE: GENERAL SUPPORT | $54,500 |
Sioux Falls, SD PURPOSE: GENERAL SUPPORT | $53,550 |
Garden City, ID PURPOSE: GENERAL SUPPORT | $50,000 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Providence, RI PURPOSE: GENERAL SUPPORT | $29,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scott County Telephone Cooperative Inc Gate City, VA | $34,053,199 | $9,179,083 |
The Wireless Foundation Washington, DC | $35,119,176 | $2,185,328 |
Virginia Cable Telecommunications Inc Richmond, VA | $1,169,561 | $1,283,706 |
United States Telecommunications Training Institute Washington, DC | $582,730 | $994,659 |
Shentel Foundation Edinburg, VA | $2,593,435 | $155,125 |
United States Telecom Foundation Washington, DC | $6,113 | $0 |