Willis M Ross Foundation
- Assets
- $513.6k
- Revenue
- $23.2k
- Investments
- $498.6k
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- Data as of
- 12/2023
- EIN
- 84-6876841
Organization Overview
Willis M Ross Foundation is located in Boca Raton, FL. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Willis M Ross 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, Willis M Ross Foundation generated $23.2k 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 (54.9%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Willis M Ross Foundation has awarded 12 individual grants totaling $124,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $337 |
| Interest on Savings | $42 |
| Dividends & Interest | $11,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,743 |
| Capital Gain Net Income | $11,743 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $415 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,255 |
| Total operating and administrative expenses | $20,590 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $50,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,130 |
| 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 | $867 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $498,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $513,601 |
| 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, Willis M Ross Foundation has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISSIONARY OBLATES OF MARY IMMACULATE PURPOSE: RELIGIOUS | $13,500 |
NATIONAL RIGHT TO LIFE EDUCATIONAL FOUNDATION PURPOSE: EDUCATIONAL | $4,500 |
WITTENBERG UNIVERSITY PURPOSE: EDUCATIONAL | $12,000 |