Wann Family Foundation is located in Syosset, NY. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Wann Family 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, Wann Family Foundation generated $31.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $23.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President Director | 15 | $0 | |
Name Not Listed VP Secretary Director | 5 | $0 | |
Robert Wann Jr VP Treasury Director | 10 | $0 | |
Nancy Wann VP Counsel Director | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $926 |
Dividends & Interest | $30,603 |
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 | $31,529 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $402 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,525 |
Total operating and administrative expenses | $4,287 |
Contributions, gifts, grants paid | $19,100 |
Total expenses and disbursements | $23,387 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $53,712 |
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 | $759,444 |
Accounts payable and accrued expenses | $9,414 |
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 | $9,414 |
Over the last fiscal year, Wann Family Foundation has awarded $19,100 in support to 20 organizations.
Grant Recipient | Amount |
---|---|
THE INTERFAITH NUTRITION NETWORK PURPOSE: SOUP KITCHEN | $500 |
HABITAT FOR HUMANITY INTERNATIONAL PURPOSE: GENERAL FUND | $500 |
WLIW-21 PURPOSE: PUBLIC TV PROGRAM | $270 |
ST JUDE CHILDREN RESEARCH HOSPITAL PURPOSE: RESEARCH FUND | $300 |
THE ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL FUND | $480 |
ARBOR DAY FOUNDATION PURPOSE: TREE PROGRAM | $300 |