Wolff Family Foundation
- Assets
- $2.5m
- Revenue
- -$86.6k
- Investments
- $2.2m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/1988
- Data as of
- 12/2022
- EIN
- 76-0236381
Organization Overview
Wolff Family Foundation is located in Houston, TX. The organization was established in 1988. 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. Wolff Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Wolff Family Foundation has awarded 100 individual grants totaling $533,813. 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 |
|---|---|---|---|
David S Wolff President | 0.5 | $0 | |
David L Lane VP | 0.5 | $0 | |
David V Gaffney Secretary | 5 | $0 | |
Mary C Wolff Trustee | 0.5 | $0 | |
Carolyn W Dorros Vice Preside | 0.5 | $0 | |
Elizabeth W Rogers Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $66,742 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153,388 |
| Capital Gain Net Income | $14,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$86,616 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,636 |
| Total operating and administrative expenses | $5,261 |
| Contributions, gifts, grants paid | $171,423 |
| Total expenses and disbursements | $176,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,566 |
| Savings and temporary cash investments | $210,820 |
| Net Accounts receivable | $5,077 |
| 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 | $26,228 |
| Other assets | $0 |
| Total assets | $2,482,173 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $1,251 |
| Total liabilities | $3,251 |
Grants Awarded
Over the last fiscal year, Wolff Family Foundation has awarded $171,423 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BREAKTHROUGH HOUSTON PURPOSE: CIVIC | $512 |
ACKNOW PURPOSE: CIVIC | $250 |
CENTER FOR HOUSTON'S FUTURE PURPOSE: CIVIC | $1,000 |
CONGREGATION SHIRAT HAYAM PURPOSE: RELIGIOUS | $600 |
CONGREGATION BETH ISRAEL PURPOSE: RELIGIOUS | $10,000 |
DARTMOUTH COLLEGE PURPOSE: EDUCATION | $5,000 |