Wayland Henry Cato Jr Foundation
- Assets
- $1.8m
- Revenue
- $25.1k
- Investments
- $1.8m
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2021
- EIN
- 82-0799936
Organization Overview
Wayland Henry Cato Jr Foundation is located in Charlotte, NC. 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. Wayland Henry Cato Jr 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, Wayland Henry Cato Jr Foundation generated $25.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.0%) each year. All expenses for the organization totaled $27.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayland Henry Cato Jr Foundation has awarded 11 individual grants totaling $148,250. 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
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $34,021 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $266 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,256 |
| Contributions, gifts, grants paid | $19,750 |
| Total expenses and disbursements | $27,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,413 |
| 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 | $1,772,678 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,817,091 |
| Accounts payable and accrued expenses | $94 |
| 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 | $94 |
Grants Awarded
Over the last fiscal year, Wayland Henry Cato Jr Foundation has awarded $19,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Charleston, SC PURPOSE: CHARITABLE | $10,000 |
Columbia, SC PURPOSE: EDUCATIONAL | $5,000 |
CASHIERS-HIGHLANDS HUMANE SOCIETY PURPOSE: CHARITABLE | $4,000 |
Washington, DC PURPOSE: CHARITABLE | $500 |
GREENSBORO SYMPHONY YOUTH ORCHESTRA FUND PURPOSE: CHARITABLE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |