Huey And Angelina Wilson Foundation
- Assets
- $180.1m
- Revenue
- $15.1m
- Investments
- $171.7m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 58-1714586
Organization Overview
Huey And Angelina Wilson Foundation is located in Baton Rouge, LA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Huey And Angelina Wilson 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, Huey And Angelina Wilson Foundation generated $15.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 69.5% each year . All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 3 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 2020, Huey And Angelina Wilson Foundation has awarded 427 individual grants totaling $20,650,801. 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 |
|---|---|---|---|
Donna M Saurage Trustee | 1 | $0 | |
Andrea Doming Trustee | 1 | $0 | |
J Gerard Jolly Trustee | 2 | $0 | |
Jh Campbell Jr Trustee | 5 | $0 | |
Cornelius A Lewis Trustee | 1 | $0 | |
David Beach President | 40 | $224,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,278 |
| Dividends & Interest | $2,070,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,255,598 |
| Capital Gain Net Income | $13,255,598 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$272,131 |
| Total Revenue | $15,078,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $256,736 |
| Other employee salaries and wages | $429,053 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $518,612 |
| Depreciation | $0 |
| Occupancy | $57,500 |
| Travel, conferences, and meetings | $11,654 |
| Printing and publications | $0 |
| Other expenses | $81,771 |
| Total operating and administrative expenses | $1,907,496 |
| Contributions, gifts, grants paid | $6,281,990 |
| Total expenses and disbursements | $8,189,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,173,229 |
| 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 | $2,198,565 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,270,785 |
| Net Land, buildings, and equipment | $42,653 |
| Other assets | $4,923 |
| Total assets | $180,086,901 |
| 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 | $17,273 |
| Total liabilities | $17,273 |
Grants Awarded
Over the last fiscal year, Huey And Angelina Wilson Foundation has awarded $7,246,400 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT LITERACY ADVOCATES OF GREATER BATON ROUGE PURPOSE: GENERAL SUPPORT | $22,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL SUPPORT | $30,000 |
ALZHEIMER'S SERVICES OF THE CAPITAL AREA PURPOSE: GENERAL SUPPORT | $55,000 |
AMIKIDS BATON ROUGE PURPOSE: GENERAL SUPPORT | $50,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: GENERAL SUPPORT | $100,000 |
ARC BATON ROUGE PURPOSE: GENERAL SUPPORT | $100,000 |