NonprofitsWolcott Foundation Inc

Education

Wolcott Foundation Inc

LANSDALE, PA

Total revenue

$174K

Total expenses

$152K

Net assets

$1.8M

Grants received

$195K

7 grants

EIN

236253965

Tax year

2024

Mission

Assists in preparing qualified scholars for future policy making positions in government and world affairs through the granting of fellowships and student loans in order to preserve a free society for future generations.

Programs

1 program

The foundation grants student fellowships and loans to qualified students of george washington university (gwu). The student fellowships are initially recorded as student's accounts receivable (student loans) while attending gwu. Upon graduation 25% of each student's gross student fellowship loans are waived for each year such student performed governmental or related service as approved by the trustees.

Financials

FY 2024

Revenue

Contributions & grants$56K
Program service revenue
Investment income$115K
Other revenue$3K
Total revenue$174K

Expenses

Grants paid$99K
Salaries & benefits
Fundraising
Other expenses$54K
Total expenses$152K
Total assets$1.8M
Net assets$1.8M

People

5 listed

NameRoleCompensation

MICHAEL CLARK

CHAIRMAN

Board

MATTHEW D DUPEE

ADMINISTRATO

Board

STANLEY GARDNER

VICE CHAIRMA

Board

ROGER HANSEN

TRUSTEE

Board

WILLIAM WILKINSON

SECRETARY

Board

Grants received

Showing 7 of 7

FromAmountPurposeYear
$31K
UNRESTRICTED GENERAL
2023
$40K
UNRESTRICTED GENERAL
2022
$41K
UNRESTRICTED GENERAL
2021
$34K
UNRESTRICTED GENERAL
2020
$12K
Education Fellowships
2020
$36K
UNRESTRICTED GENERAL
2018

Funded by

$195K from 2 funders · 7 grants · 2018–2023

Collins & Thelma Posey Foundation

$183K · 5 grants · 2018–2023

High Twelve International

$12K · 2 grants · 2020–2021

Details

EIN236253965
NTEE codeB820
Subsection03
Ruling date1962-03
Formed1952
Employees0
WOLCOTT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo