Joseph & Desiree Whitney Family Foundation
- Assets
- $2.7m
- Revenue
- $66.0k
- Investments
- $2.6m
- Employees
- 0
- Location
- Boerne, TX
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-5256238
Organization Overview
Joseph & Desiree Whitney Family Foundation is located in Boerne, TX. 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. Joseph & Desiree Whitney 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.
For the year ending 12/2022, Joseph & Desiree Whitney Family Foundation generated $66.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $179.7k during the year ending 12/2022. While expenses have increased by 8.1% 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 2021, Joseph & Desiree Whitney Family Foundation has awarded 46 individual grants totaling $183,172. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Whitney President | 1 | $0 | |
Desiree Whitney Treasurer | 2 | $0 | |
Nicholas Heller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $66,011 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,018 |
| 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 | $1,474 |
| Total operating and administrative expenses | $36,474 |
| Contributions, gifts, grants paid | $143,231 |
| Total expenses and disbursements | $179,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,507 |
| 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 | $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 | $2,703,888 |
| 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, Joseph & Desiree Whitney Family Foundation has awarded $128,592 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION PURPOSE: GENERAL SUPPORT | $1,187 |
TRINITY UNIVERSITY PURPOSE: GENERAL SUPPORT | $1,000 |
LAUREL FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
MONTICELLO PURPOSE: GENERAL SUPPORT | $207 |
NORTHWESTERN HEALTH SC PURPOSE: GENERAL SUPPORT | $20,000 |
MUSEUM OF MODERN ART PURPOSE: GENERAL SUPPORT | $126 |