Wkw Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $39.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- King Of Prussia, PA
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 81-4769432
Organization Overview
Wkw Family Foundation Inc is located in King Of Prussia, PA. 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. Wkw 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 12/2023, Wkw Family Foundation Inc generated $39.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $64.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Wkw Family Foundation Inc has awarded 124 individual grants totaling $314,486. 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 |
|---|---|---|---|
Jeanne Wong Treasurer | 0 | $0 | |
Natalie Wong Director | 0 | $0 | |
Jason Wong Secretary | 0 | $0 | |
Michelle Wong Director | 0 | $0 | |
Wai K Wong President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $56 |
| Dividends & Interest | $32,364 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,564 |
| Capital Gain Net Income | $6,564 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,534 |
| Printing and publications | $0 |
| Other expenses | $264 |
| Total operating and administrative expenses | $7,497 |
| Contributions, gifts, grants paid | $56,725 |
| Total expenses and disbursements | $64,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,743 |
| Savings and temporary cash investments | $46,918 |
| 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 | $1,125,686 |
| Accounts payable and accrued expenses | $25,119 |
| 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 | $25,119 |
Grants Awarded
Over the last fiscal year, Wkw Family Foundation Inc has awarded $56,725 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL SLOAN KETTERING PURPOSE: SUPPORT THE ORGANIZATION'S MISSION IN THE PREVENTION, DIAGNOSIS, TREATMENT AND CURE OF CANCER | $11,250 |
QUEST AUTISM FOUNDATION INC PURPOSE: TO SUPPORT THE FOUNDATION'S MISSION TO PROVIDE AID IN THE CARE OF AUTISTIC & DEVELOPMENTALLY DISABLED ADOLESCENTS AND ADULTS | $5,000 |
CANCER HOPE NETWORK INC PURPOSE: SUPPORT THE ORGANIZATION'S EFFORTS TO PROVIDE ONE-ON-ONE SUPPORT TO CANCER PATIENTS AND THEIR FAMILIES | $1,000 |
KAI'S LIFE GUARDIANS PURPOSE: TO SUPPORT FAMILIES WITH MEDICAL NEEDS AND RESEARCH HYDROPS & SIMILAR SYNDROMES | $1,000 |
WILSON DISEASE ASSOCIATION PURPOSE: TO SUPPORT THE ORGANIZATION IN ITS EFFORTS TO RESEARCH WILSON DISEASE | $1,000 |
GILL ST BERNARDS SCHOOL PURPOSE: SUPPORT THE SCHOOL IN ITS EFFORTS TO PROVIDE A BALANCED, DIVERSE AND SECURE COMMUNITY PREPARING STUDENTS ACADEMICALLY FOR COLLEGE AND LIFE. | $5,250 |