Wonderful Life Foundation
- Assets
- $22.7m
- Revenue
- $19.4m
- Investments
- $22.0m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 09/2000
- Data as of
- 12/2021
- 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 12/2021, Wonderful Life Foundation generated $19.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $12.9m during the year ending 12/2021. While expenses have increased by 38.8% 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 2019, Wonderful Life Foundation has awarded 144 individual grants totaling $112,324,353. 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 |
|---|---|---|---|
M Jude Reyes Trustee | 1 | $0 | |
Lori W Reyes Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,305,450 |
| Interest on Savings | $510 |
| Dividends & Interest | $312,558 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $806,054 |
| Capital Gain Net Income | $806,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,424,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,534 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,981 |
| Total operating and administrative expenses | $119,985 |
| Contributions, gifts, grants paid | $12,748,500 |
| Total expenses and disbursements | $12,868,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $661,533 |
| 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 | $22,652,179 |
| 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 $47,213,500 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
Notre Dame, IN PURPOSE: BOLDLY NOTRE DAME CAMPAIGN | $8,000,000 |
Notre Dame, IN PURPOSE: MCKENNA HALL RENOVATION CAMPAIGN | $8,000,000 |
CENTRAL PRESBYTERIAN CHURCH PURPOSE: GENERAL SUPPORT | $4,640,000 |
NORTHWESTERN UNIVERSITY PURPOSE: WE WILL. THE CAMPAIGN FOR NORTHWESTERN | $4,000,000 |
NORTHWESTERN UNIVERSITY PURPOSE: WELSH RYAN ARENA REBOVATION GIFT FUND | $4,000,000 |
Spartanburg, SC PURPOSE: CAPITAL CAMPAIGN | $3,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |