Kathryn Caine Wanlass Charitable Foundation
- Assets
- $7.7m
- Revenue
- $526.0k
- Investments
- $7.5m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 87-0686654
Organization Overview
Kathryn Caine Wanlass Charitable Foundation is located in Detroit, MI. The organization was established in 2004. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kathryn Caine Wanlass Charitable 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 12/2021, Kathryn Caine Wanlass Charitable Foundation generated $526.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $621.8k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 4 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 2019, Kathryn Caine Wanlass Charitable Foundation has awarded 25 individual grants totaling $1,409,600. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $11,317 | |
Megan Wanlas Szalla Advisory Committee Member | 1 | $6,000 | |
George R Wanlass Advisory Committee Member | 1 | $3,000 | |
Ralph Wanlass Advisory Committee Member | 1 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $113,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $306,803 |
| Capital Gain Net Income | $306,803 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,919 |
| Total Revenue | $525,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,317 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,885 |
| Total operating and administrative expenses | $139,663 |
| Contributions, gifts, grants paid | $482,100 |
| Total expenses and disbursements | $621,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $244,996 |
| 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 | $539,357 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,720,794 |
| 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, Kathryn Caine Wanlass Charitable Foundation has awarded $482,100 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: ARTS AND THEATER PROGRAMS | $147,600 |
Logan, UT PURPOSE: NEHMA ART PURCHASE & | $105,000 |
CORNERSTONE THEATRE COMPANY PURPOSE: FOR GENERAL AND ARTISTIC | $60,000 |
SIDE STREET PROJECTS PURPOSE: SUPPORT OF DAILY OPERATIONS | $55,000 |
Los Angeles, CA PURPOSE: SUPPORT OF VISUAL, MEDIA | $50,000 |
Billings, MT PURPOSE: GENERAL SUPPORT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samuel Frankel And Jean Frankel Support Foundation Bloomfield Hills, MI | $0 | $127,796 |
Mary G Stange Charitable Trust Ann Arbor, MI | $495,498 | $4,941,394 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |
Ethel And James Flinn Foundation Detroit, MI | $60,556,693 | $4,592,274 |