Wold Foundation
- Assets
- $57.0m
- Revenue
- $8.3m
- Investments
- $51.1m
- Employees
- 0
- Location
- Casper, WY
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 74-2406069
Organization Overview
Wold Foundation is located in Casper, WY. The organization was established in 1986. 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. Wold 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, Wold Foundation generated $8.3m in total revenue. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 142.3% 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 2020, Wold Foundation has awarded 169 individual grants totaling $5,235,200. 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 |
|---|---|---|---|
John P Wold Trustee, President | 0.75 | $0 | |
Peter I Wold Trustee, Treasurer | 1.5 | $0 | |
Priscilla Longfield Trustee, Secretary | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $555,488 |
| Interest on Savings | $28 |
| Dividends & Interest | $3,109,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,336,667 |
| Capital Gain Net Income | $4,336,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $264,500 |
| Total Revenue | $8,266,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $50,676 |
| Pension plans, employee benefits | $2,061 |
| Interest | $0 |
| Taxes | $87,423 |
| Depreciation | $87,188 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $799 |
| Printing and publications | $0 |
| Other expenses | $22,273 |
| Total operating and administrative expenses | $770,851 |
| Contributions, gifts, grants paid | $2,705,100 |
| Total expenses and disbursements | $3,475,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,913 |
| Savings and temporary cash investments | $5,715,527 |
| 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 | $799,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,687 |
| Total assets | $56,986,213 |
| 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, Wold Foundation has awarded $2,705,100 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: CEI WOLD MACULAR DEGENERATION CENTER | $500,000 |
Portland, OR PURPOSE: CEI WOLD FAMILY MACULAR DEGENERATION CENTER | $500,000 |
NATIONAL WESTERN STOCK SHOW PURPOSE: BUILD NATIONAL WESTERN CENTER | $500,000 |
CASPER FAMILY YMCA YMCA OF NATRONA COUNTY PURPOSE: PHASE 2 SWIMMING POOL | $150,000 |
Laramie, WY PURPOSE: JOHN AND JANE WOLD - CENTENNIAL CHAIR IN ENERGY | $100,000 |
CHILDREN'S HOSPITAL COLORADO FOUNDATION PURPOSE: GENERAL SUPPORT - 2022 WOLD FAMILY | $90,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Katherine W Dumke & Ezekiel R Dumke Jr Foundation Kaysville, UT | $0 | $4,334 |
Charles Schwab Corporation Foundation Lone Tree, CO | $19,264,373 | $12,956,371 |
Hirschfeld Family Foundation Inc Kearney, NE | $102,299,062 | $1,701,092 |
Louis Calder Foundation Denver, CO | $170,366,757 | $15,916,968 |
Crocker Catalyst Foundation Salt Lake City, UT | $1,077,515 | $3,770,687 |