William R Wheeler & Sandra L Wheeler Charitable Foundation Inc
- Assets
- $5.9m
- Revenue
- $854.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- Bayshore, NY
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4436916
Organization Overview
William R Wheeler & Sandra L Wheeler Charitable Foundation Inc is located in Bayshore, NY. The organization was established in 2017. 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. William R Wheeler & Sandra L Wheeler Charitable 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 12/2022, William R Wheeler & Sandra L Wheeler Charitable Foundation Inc generated $854.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.3%) each year.
Since 2018, William R Wheeler & Sandra L Wheeler Charitable Foundation Inc has awarded 60 individual grants totaling $6,420,118. 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 |
|---|---|---|---|
William R Wheeler President | 0 | $0 | |
Sandra L Wheeler Secretary | 0 | $0 | |
Miles Patrick Wheeler Co-Treasurer | 0 | $0 | |
Evan William Wheeler Co-Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750,000 |
| Interest on Savings | $2,050 |
| Dividends & Interest | $155,214 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$52,318 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $854,946 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,381 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $582 |
| Total operating and administrative expenses | $41,614 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $88,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,442 |
| Savings and temporary cash investments | $534,946 |
| 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 | $1,157,212 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $582 |
| Total assets | $5,892,514 |
| 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, William R Wheeler & Sandra L Wheeler Charitable Foundation Inc has awarded $47,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH PLAINS COLLEGE PURPOSE: GENERAL | $12,000 |
BAY SHORE UNION FREE SCHOOL DISTRICT PURPOSE: BAY SHORE VARSITY SAILING TEAM BOATS | $20,000 |
STRATTON FOUDATION PURPOSE: GENERAL | $15,000 |