The Wachtell Family Foundation

Nonprofit profile at a glance

EIN
916526501
IRS 990-PF coverage
2015–2023
Forms available
Form 990 2013, Form 990-PF 2023
Location
Boise, ID, USA
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$0
Expenses
$19,150

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

Fund Raising and Fund Distribution

What it reported funding in 2023

The foundation reported 10 filed grant rows totaling $18,450. The stated grant purposes included provide support to idaho shakespeare festival for the goal of instilling a passion for classic and contemporary theatrical arts., provide support to boise women's and children's alliance that provides relief to abused women and children., and provide support to ballet of idaho for the goal of instilling a passion for classical ballet and the arts., plus 6 other reported purposes.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this foundation funds its work.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - The filed numbers largely add up and the filing identifies who received its grants. A relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 59
  • Cost Efficiency: 96
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 90

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 58.6%; rating input score 59; 9th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 96.3%; rating input score 96; 87th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 8; rating input score 100

Endowment Health

  • Endowment-health comparison: 33.91; rating input score 90; 90th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 58.6% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 90th percentile for endowment coverage
  • Consistency: 8 of 8 current checks pass
  • Filing history: 8 filing years from 2015 to 2023
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Grant Deployment: Grant deployment ratio scored 59/100.