Lorna Jorgenson Wendt Foundation
- Assets
- $2.0m
- Revenue
- $72.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-6426234
Organization Overview
Lorna Jorgenson Wendt Foundation is located in Hartford, CT. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Lorna Jorgenson Wendt 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 12/2023, Lorna Jorgenson Wendt Foundation generated $72.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $104.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lorna Jorgenson Wendt Foundation has awarded 40 individual grants totaling $206,500. 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 |
|---|---|---|---|
Lyn Gammill Walker Co Shipmangoo Trustee | 0 | $0 | |
Sarah E Wendt Trustee | 0 | $0 | |
Rachel R Nash Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,560 |
| Dividends & Interest | $37,757 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,496 |
| Capital Gain Net Income | $11,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $18,496 |
| Contributions, gifts, grants paid | $86,000 |
| Total expenses and disbursements | $104,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $332,199 |
| 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 | $1,952,771 |
| 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, Lorna Jorgenson Wendt Foundation has awarded $86,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ORCHESTRA LUMOS PURPOSE: YOUTH MUSIC EDUCATION | $5,000 |
STUDENT LEADERSHIP NETWORK PURPOSE: GIRLS EDUCATION - TYWLS | $12,000 |
HATS AND MITTENS PURPOSE: COMMON AREA MAINT/ BUY HATS | $15,000 |
OUTWARD BOUND INTERNATIONAL PURPOSE: SUPPORT NEW RESEARCH | $15,000 |
GREENWICH CHORAL SOCIETY PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
SHELDRICK WILDLIFE TRUST USA PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |