Wessel Family Foundation Inc
- Assets
- $3.2m
- Revenue
- $934.0k
- Investments
- $2.4m
- Employees
- 0
- Location
- Po Box Chica, IL
- Founding
- 10/2003
- Data as of
- 08/2022
- EIN
- 55-0799320
Organization Overview
Wessel Family Foundation Inc is located in Po Box Chica, IL. The organization was established in 2003. 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. Wessel Family 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 08/2022, Wessel Family Foundation Inc generated $934.0k in total revenue. All expenses for the organization totaled $128.0k during the year ending 08/2022.
Since 2020, Wessel Family Foundation Inc has awarded 36 individual grants totaling $551,512. 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 |
|---|---|---|---|
Katherine W Mitchell Sec Dir | 1 | $0 | |
Jefffrey H Wessel Pres Dir | 1 | $0 | |
Elizabeth K Wessel Char Dir | 1 | $0 | |
Brandon Wessel Treas Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $297,053 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,389 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $574,556 |
| Capital Gain Net Income | $574,556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $933,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,239 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $219 |
| Total operating and administrative expenses | $27,142 |
| Contributions, gifts, grants paid | $100,838 |
| Total expenses and disbursements | $127,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $746,922 |
| 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 | $3,150,781 |
| 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, Wessel Family Foundation Inc has awarded $100,838 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NAPLES CHILDREN & PURPOSE: GENERAL | $80,838 |
PRISON FELLOWSHIP MINISTRIES PURPOSE: GENERAL | $5,000 |
Kenilworth, IL PURPOSE: GENERAL | $5,000 |
ARTIS NAPLES PURPOSE: GENERAL | $2,500 |
Naples, FL PURPOSE: GENERAL | $1,500 |
PARKINSON'S FOUNDATION INC PURPOSE: GENERAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |