Westwood Gives
- Assets
- $389.9k
- Revenue
- $197.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-4271814
Organization Overview
Westwood Gives is located in Minnetonka, MN. 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. Westwood Gives 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, Westwood Gives generated $197.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.5%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Beckmann Board Member & Secretary | 0 | $0 | |
Paul Greenhagen Board Member, Ceo/pres. & Cfo/treas. | 0 | $0 | |
Mallory Lindgren Board Member | 0 | $0 | |
Aaron Tippie Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $197,545 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $197,545 |
| 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 | $1,128 |
| Total operating and administrative expenses | $3,656 |
| Contributions, gifts, grants paid | $14,200 |
| Total expenses and disbursements | $17,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,903 |
| 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 | $389,903 |
| 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, Westwood Gives has awarded $39,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION BOULDER COUNTY PURPOSE: GENERAL SUPPORT | $5,000 |
HABITAT FOR HUMANITY - LAS VEGAS PURPOSE: GENERAL SUPPORT | $3,000 |
MINNESOTA LAND SURVEYORS FOUNDATION PURPOSE: GENERAL SUPPORT | $1,200 |
ST DAVID'S CENTER FOR CHILD & FAMILY DEVELOPMENT PURPOSE: GENERAL SUPPORT | $5,000 |
ALSACST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL SUPPORT | $5,000 |
ENGINEERS WITHOUT BORDERS PURPOSE: GENERAL SUPPORT | $20,000 |