Wayfarer Foundation
- Assets
- $89.6m
- Revenue
- $100.0m
- Investments
- $87.5m
- Employees
- 0
- Location
- Highland Park, IL
- Founding
- Data as of
- 12/2022
- EIN
- 86-2088032
Organization Overview
Wayfarer Foundation is located in Highland Park, IL. 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. Wayfarer 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 12/2022, Wayfarer Foundation generated $100.0m in total revenue. All expenses for the organization totaled $10.8m during the year ending 12/2022. While expenses have increased by 56.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wayfarer Foundation has awarded 156 individual grants totaling $13,835,085. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven I Sarowitz President | 1 | $0 | |
Justin Baldoni Vice President | 1 | $0 | |
Cynthia Barnes-Slater Secretary | 1 | $0 | |
Laura Herrick Executive Director | 40 | $175,135 | |
Richard Havard Sr Program Officer | 40 | $88,814 | |
Husayn Allmart Program Officer | 40 | $71,172 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,024,000 |
| 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 | $100,024,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $175,135 |
| Other employee salaries and wages | $406,784 |
| Pension plans, employee benefits | $9,639 |
| Interest | $0 |
| Taxes | $40,599 |
| Depreciation | $0 |
| Occupancy | $4,895 |
| Travel, conferences, and meetings | $191,761 |
| Printing and publications | $1,641 |
| Other expenses | $217,908 |
| Total operating and administrative expenses | $1,120,849 |
| Contributions, gifts, grants paid | $9,641,708 |
| Total expenses and disbursements | $10,762,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,071,097 |
| 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 | $89,595,097 |
| 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, Wayfarer Foundation has awarded $9,641,708 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
ABDORRAHMAN BOROUMAND CENTER PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
ABRAHAMIC HOUSE PURPOSE: GENERAL OPERATING SUPPORT | $105,000 |
AMERICAN MUSIC FESTIVALS PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
AMERICAN SOCIETY OF THE UNIVERSITY OF HAIFA PURPOSE: GENERAL OPERATING SUPPORT | $225,000 |
ANCIENT CEDARS PURPOSE: GENERAL OPERATING SUPPORT | $253,000 |
CHILDREN'S CANCER RESEARCH FUND PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |