Wonderful Life Foundation
- Assets
- $24.5m
- Revenue
- $21.5m
- Investments
- $17.2m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 09/2000
- Data as of
- 12/2023
- EIN
- 54-1995591
Organization Overview
Wonderful Life Foundation is located in West Palm Beach, FL. The organization was established in 2000. 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. Wonderful Life 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, Wonderful Life Foundation generated $21.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $22.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wonderful Life Foundation has awarded 267 individual grants totaling $208,248,853. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Jude Reyes Trustee | 1 | $0 | |
Lori W Reyes Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,539,725 |
| Interest on Savings | $28,589 |
| Dividends & Interest | $532,527 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$639,155 |
| Capital Gain Net Income | $10,662,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,461,686 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $317,563 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $102,947 |
| Total operating and administrative expenses | $428,740 |
| Contributions, gifts, grants paid | $21,614,500 |
| Total expenses and disbursements | $22,043,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,313,004 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,512,964 |
| 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, Wonderful Life Foundation has awarded $42,799,500 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
ACCELERATE INSTITUTE PURPOSE: GENERAL SUPPORT | $50,000 |
ACCESS LIVING PURPOSE: GENERAL SUPPORT | $50,000 |
ANDERSON RANCH ARTS CENTER PURPOSE: GENERAL SUPPORT | $25,000 |
APBD RESEARCH FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
BIG SHOULDERS FUND PURPOSE: GENERAL SUPPORT | $180,000 |
BIG SHOULDERS FUND PURPOSE: GENERAL SUPPORT | $45,000 |