Melvin & Elaine Wolf Foundation Inc
- Assets
- $7.2m
- Revenue
- $348.0k
- Investments
- $5.9m
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- 10/1979
- Data as of
- 06/2021
- EIN
- 84-0797937
Organization Overview
Melvin & Elaine Wolf Foundation Inc is located in Castle Rock, CO. The organization was established in 1979. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Melvin & Elaine Wolf 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 06/2021, Melvin & Elaine Wolf Foundation Inc generated $348.0k 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 (8.5%) each year. All expenses for the organization totaled $580.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Melvin & Elaine Wolf Foundation Inc has awarded 209 individual grants totaling $2,686,839. 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 |
|---|---|---|---|
Kelly A Hodges Vice President | 12 | $50,392 | |
Elaine Wolf President | 1 | $0 | |
Sandra Wolf Vice President | 3 | $0 | |
Ashly A Wolf Secretary | 1 | $0 | |
Ruth Anne Sanger Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $56,797 |
| Dividends & Interest | $121,750 |
| Net Rental Income | -$15,607 |
| 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 | $169,420 |
| Total Revenue | $347,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,392 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,560 |
| Depreciation | $0 |
| Occupancy | $16,871 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,220 |
| Total operating and administrative expenses | $169,886 |
| Contributions, gifts, grants paid | $410,338 |
| Total expenses and disbursements | $580,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,037 |
| Savings and temporary cash investments | $1,268,417 |
| 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 | $49,411 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,865,276 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,222,141 |
| 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 | $4,171 |
| Total liabilities | $4,171 |
Grants Awarded
Over the last fiscal year, Melvin & Elaine Wolf Foundation Inc has awarded $410,338 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
FIREFLY AUTISM PURPOSE: GENERAL SUPPORT | $30,000 |
Denver, CO PURPOSE: BE BEAUTIFUL BE YOURSELF DANCE PROGRAM | $24,000 |
ANTI-DEFAMATION LEAGUE-MOUNTAIN STATES PURPOSE: NO PLACE FOR HATE SCHOOL PROGRAM | $20,000 |
Denver, CO PURPOSE: CONSTRUCTION & COMPLETION OF ADVENTURE FOREST | $20,000 |
UNIVERSITY OF CO HOSPITAL FOUNDATION PURPOSE: DEPT OF VISUAL ARTS SCHOLARSHIPS | $20,000 |
MUSEUM OF CONTEMPORARY ART DENVER PURPOSE: EXPAND FELLOWSHIP PROGRAM | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Zoological Foundation Inc Denver, CO | $46,289,969 | $59,658,498 |
Eagle Foundation Omaha, NE | $279,496,688 | $18,076,735 |
Tulsa Zoo Management Inc Tulsa, OK | $18,461,094 | $14,770,008 |
Reid Park Zoological Society Tucson, AZ | $20,148,400 | $11,288,507 |
Oklahoma Zoological Society Inc Oklahoma City, OK | $6,127,662 | $3,513,390 |
New Mexico Biopark Society Inc Albuquerque, NM | $18,945,491 | $6,032,184 |
Friends Of The Topeka Zoo Inc Topeka, KS | $12,746,166 | $7,323,289 |
Arizona Elk Society Peoria, AZ | $1,691,483 | $1,727,485 |
Nebraska Humane Society Foundation Omaha, NE | $25,671,661 | $5,965,037 |
Friends Of At Pima Animal Care Center Tucson, AZ | $1,864,589 | $1,066,630 |
Liberty Wildlife Inc Phoenix, AZ | $11,284,464 | $1,753,729 |
Riverside Zoological Foundation Scottsbluff, NE | $2,349,819 | $1,174,441 |