Del E Webb Foundation
- Assets
- $72.6m
- Revenue
- $1.8m
- Investments
- $72.3m
- Employees
- 0
- Location
- Prescott, AZ
- Founding
- 05/1962
- Data as of
- 12/2022
- EIN
- 86-6052737
Organization Overview
Del E Webb Foundation is located in Prescott, AZ. The organization was established in 1962. 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. Del E Webb 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, Del E Webb Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Del E Webb Foundation has awarded 211 individual grants totaling $22,903,965. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Lees DO Director/president | 30 | $110,000 | |
Lawrence A Johnson Director/vice President/cio | 30 | $90,000 | |
Shielia E Johnson Director/treas/secretary | 30 | $90,000 | |
Nicole Aubin Director/grant Administrator | 30 | $50,000 | |
Jean Canoose Director | 10 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37 |
| Dividends & Interest | $1,228,538 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $618,565 |
| Capital Gain Net Income | $618,565 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,847,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $417,272 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $900 |
| Interest | $0 |
| Taxes | $61,419 |
| Depreciation | $831 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $312 |
| Printing and publications | $0 |
| Other expenses | $14,334 |
| Total operating and administrative expenses | $814,695 |
| Contributions, gifts, grants paid | $3,107,000 |
| Total expenses and disbursements | $3,921,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,588 |
| Savings and temporary cash investments | $145,572 |
| 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 | $2,329,304 |
| Net Land, buildings, and equipment | $1,929 |
| Other assets | $0 |
| Total assets | $72,570,724 |
| 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, Del E Webb Foundation has awarded $3,107,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ACCELERATE EDUCATION GROUP PURPOSE: AUTOMOTIVE WORKFORCE TRAINING FOR YOUTH | $20,000 |
ARMER FOUNDATION FOR KIDS PURPOSE: PURCHASE TRAILER FOR MUSIC THERAPY PROGRAM | $5,000 |
AROUET FOUNDATION PURPOSE: OPERATING EXPENSES FOR WOMEN'S PROGRAM | $50,000 |
CENTRAL ARIZONA DENTAL SOCIETY FOUN PURPOSE: SUPPORT FREE DENTAL CLINIC EVENT IN NORTHERN AZ | $75,000 |
CHIRICAHUA COMMUNITY HEALTH CENTERS PURPOSE: PURCHASE MODULAR BUILDING FOR HEALTHCARE CLINIC | $366,000 |
CONSTRUCTION INDUSTRY EDUCATIONAL FOUNDATION PURPOSE: SUPPORT CONSTRUCTION DESIGN BUILD COMPETITION | $155,000 |