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Nonprofit · EIN 23-6253965

WOLCOTT FOUNDATION INC

Tax-exempt · LANSDALE, PA 19446

Financials

$192K$209K2022$41K$166K2023$174K$152K2024
Revenue Expenses · by fiscal year end
Financials of WOLCOTT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$173,576$152,432$21,144$1,846,015$0$1,846,015
April 30, 2024990$41,108$165,779-$124,671$2,172,682$0$2,172,682
April 30, 2023990$191,813$208,944-$17,131$6,218,039$367,251$5,850,788
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$56,273
Program service revenue
$0
Investment income
$114,624
Net gain from sales of assets
$103,040
Other revenue
$2,679

Expenses

Grants and similar amounts paid
$98,533
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,600
Travel
$27,864
Program services (functional)
$126,852
Management and general (functional)
$25,580

Balance sheet and other

Total assets, start of year
$2,172,682
Total assets, end of year
$1,846,015
Total liabilities, end of year
$0
Net assets, end of year
$1,846,015
Publicly traded securities
$1,786,748
Net assets without donor restrictions
$408,964
Net assets with donor restrictions
$1,437,051
Gross receipts
$609,881
Employees
0
Year formed
1952
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL CLARKCHAIRMAN
Trustee or director, Officer
–$0
MATTHEW D DUPEEADMINISTRATO
Trustee or director, Officer
–$0
STANLEY GARDNERVICE CHAIRMA
Trustee or director, Officer
–$0
ROGER HANSENTRUSTEE
Trustee or director
–$0
WILLIAM WILKINSONSECRETARY
Trustee or director, Officer
–$0
990 for the year ended April 30, 2024: 5 people
NameTitleHours / weekCompensation
MICHAEL CLARKCHAIRMAN
Trustee or director, Officer
10$0
STANLEY GARDNERVICE CHAIRMA
Trustee or director, Officer
5$0
ROGER HANSENTRUSTEE
Trustee or director
5$0
ROBERT L MORTONTREASURER
Trustee or director, Officer
15$0
WILLIAM WILKINSONSECRETARY
Trustee or director, Officer
5$0
990 for the year ended April 30, 2023: 5 people
NameTitleHours / weekCompensation
MICHAEL CLARKCHAIRMAN
Trustee or director
10$0
STANLEY GARDNERVICE CHAIRMA
Trustee or director
5$0
ROGER HANSENTRUSTEE
Trustee or director
5$0
ROBERT L MORTONTREASURER
Trustee or director, Officer
15$0
WILLIAM WILKINSONSECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
210 S BROAD ST, LANSDALE, PA 19446-3817
Principal officer (990 for 2024)
MICHAEL CLARK, 6815 SUNRISE COURT SE, GRAND RAPIDS, MI 49546
Signed the 990
MATTHEW D DUPEE, ADMINISTRATOR
Phone
(215) 368-3121
Return prepared by
KIMMEL LORAH & ASSOCIATES LLP

Mission

THE FOUNDATION 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.

990 for the year ended April 30, 2025

Program accomplishments

  • 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.
    Expenses $126,852 · grants $98,533
  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
23-6253965
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1962
Accounting year ends
April
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B820)
Assets (IRS master file)
$1,846,015
Income (IRS master file)
$609,881

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$173,576$152,432$1,846,015XML
990April 2024$41,108$165,779$2,172,682XML
990April 2023$191,813$208,944$6,218,039XML
990April 2022$518,796$566,364$6,566,658IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS
990April 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-6253965).

Questions about WOLCOTT FOUNDATION INC

What is the EIN of WOLCOTT FOUNDATION INC?
The employer identification number (EIN) of WOLCOTT FOUNDATION INC is 23-6253965.
Is WOLCOTT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to WOLCOTT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOLCOTT FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WOLCOTT FOUNDATION INC due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WOLCOTT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of WOLCOTT FOUNDATION INC?
The 990 for the year ended April 30, 2025 names MICHAEL CLARK.
Who are the officers and directors of WOLCOTT FOUNDATION INC?
The 990 for the year ended April 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does WOLCOTT FOUNDATION INC have?
On its 990 for the year ended April 30, 2025 it reported revenue of $173,576, expenses of $152,432 and total assets of $1,846,015 at year end.

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