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THE WHELAN FOUNDATION INC

HUNTINGTON, NY · EIN 261595574 · Form 990PF · FY2023 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$211K
expenses
$45K
net assets
$2.0M
employees
profile · synthesized from sources

The Whelan Foundation Inc is a private foundation based in New York that focuses on philanthropy and grantmaking. It provides financial support for student loan debt reduction, scholarships, and children's activities through grants to educational institutions, nonprofits, and programs. The foundation operates nationally, with a concentration on institutions in New York and other U.S. states.

named programs · 3 · from sources

What they call their work

Children's Activities Support
Supports children's programs such as Camp Northstar and Long Island All-Star Field Hockey
Scholarships
Offers scholarship funding to colleges and universities including SUNY Cortland, University of Wisconsin, University of Scranton, and others
Student Loan Debt Reduction
Provides grants to organizations and institutions to support reduction of student loan debt for individuals
activities · 4 groups

What they do

  • Community Foundation & United Way Support 1 activity
    • Funding assistance for needy individuals
      Provides financial support to Long Island Cares to assist low-income or vulnerable populations with basic needs and social services.
  • Summer Camp Access Scholarships 1 activity
    • Funding children's enrichment and recreational programs
      Supports children's activities through grants to organizations such as Camp Northstar and Long Island All-Star Field Hockey, which provide camp experiences and field hockey programming.
  • Multi-Institution Scholarship Funding 1 activity
    • Funding scholarship programs for students
      Awards grants to educational institutions including SUNY Cortland, the University of Wisconsin, the University of Scranton, the College of New Jersey, Adelphi University, and The New Interdisciplinary to support student scholarships.
  • Interest-Free Loan and Grant Support 1 activity
    • Funding student loan debt reduction initiatives
      Provides grants to organizations such as the Department of Education Monela, Nelnet Loans, and Earnest Operations to support programs that reduce or deduct student loan debt for borrowers.
financials · form 990PF · fy2023
revenue
Total revenue$211K
Contributions & grants$132K63%
Program service revenue
Investment income$79K37%
Other revenue$458
expenses
Total expenses$45K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$142K
balance sheet
Total assets$2.05M
Cash
Investments
Liabilities
Net assets$2.05M
4 years on record · 2019–2023 · YoY revenue +5.3%
leadership · form 990 part vii · fy2023

Who runs it

board members · 2
  • LOUIS F DEMARS — DIRECTOR
  • MATTHEW WHELAN — DIRECTOR
relationships · 12

Who they work with

  • ADELPHI UNIVERSITY Partner — Recipient of a grant for scholarships.
  • CAMP NORTHSTAR Partner — Recipient of a grant for various children's activities.
  • COLLEGE OF NEW JERSEY Partner — Recipient of a grant for scholarships.
  • DEPT OF ED MONELA Partner — Recipient of a grant for student loan debt reduction.
  • EARNEST OPERATIONS Partner — Recipient of a grant for student loan debt deduction.
  • LONG ISLAND ALL-STAR FIELD HOCKEY Partner — Recipient of a grant for field hockey activities.
  • LONG ISLAND CARES Partner — Recipient of a grant for assistance to needy individuals.
  • NELNET LOANS Partner — Recipient of a grant for student loan debt deduction.
  • SUNY CORTLAND Partner — Recipient of a grant for scholarships.
  • THE NEW INTERDISCIPLINARY Partner — Recipient of a grant for scholarship programs.
  • UNIVERSITY OF SCRANTON Partner — Recipient of a grant for scholarships.
  • UNIVERSITY OF WISCONSIN Partner — Recipient of a grant for scholarships.