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The Witte Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742755365 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Witte Foundation?

The Witte Foundation, located in San Antonio, Texas, serves as a crucial supporter of the Witte Museum. It manages the museum's investment portfolio and holds the titles to its collections repository, including the B. Naylor Morton Research and Collections Center. The foundation's role is significant in ensuring the museum's financial stability and preservation of its precious collections.


Official website here: www.wittemuseum.org

Is The Witte Foundation legitimate?

The Witte Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Witte Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wittemuseum.org

What is the mission statement of The Witte Foundation?

The Witte Foundation supports the Witte Museum by managing its investment portfolio and holding the titles to the Collections Repository and the B. Naylor Morton Research and Collections Center. Its primary role is to oversee the investment funds and distribute their income, ensuring the financial stability of the museum. Furthermore, the foundation manages the Witte Museum's investment portfolio, safeguarding the titles to its collections and research center. This support allows the museum to focus on its educational and cultural exhibits, thereby enriching the community's understanding and appreciation of various subjects.


Official website here: www.wittemuseum.org

Who is the CEO of The Witte Foundation?

Marise Mcdermott is the Director of The Witte Foundation.


Official website here: www.wittemuseum.org

What is the revenue of The Witte Foundation?

The Witte Foundation's revenue in 2022 was -$5,484.


Official website here: www.wittemuseum.org

Who are the executives of The Witte Foundation and what are their salaries?

There 8 volunteers at The Witte Foundation.


Here are 11 key members and their salaries:


Peggy Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dirk Elmendorf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Metcalfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bolner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Stein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marise Mcdermott (President)
  • Compensation: $0
  • Related: $270,496
  • Other: $42,403
Ryan Berg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xavier Urrutia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mclauchlan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Anzlovar (Chief Financial Officer)
  • Compensation: $0
  • Related: $54,667
  • Other: $200
Pam Futch (Chief Financial Officer)
  • Compensation: $0
  • Related: $67,665
  • Other: $6,084


Official website here: www.wittemuseum.org

Where can I find the form 990 for The Witte Foundation?

The Witte Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wittemuseum.org

Learn more at the official website: www.wittemuseum.org

Mission Statement of The Witte Foundation

The Witte Foundation plays a crucial role in supporting the Witte Museum. Specifically, it oversees the investment funds associated with the museum, ensuring that the investments are managed effectively. Furthermore, the foundation holds the titles to the collections repository and the B. Naylor Morton Research and Collections Center, safeguarding the valuable assets housed within these facilities. The foundation's responsibilities extend beyond investment management; it also manages the Witte Museum's investment portfolio, distributing the investment income to support the museum's operations and initiatives. In essence, The Witte Foundation plays a vital role in preserving and enhancing the Witte Museum's collections, research capabilities, and financial stability.

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Impact




October, 2024

The Witte Foundation significantly enhances the cultural landscape of San Antonio by providing essential support to the Witte Museum. It oversees investment funds, ensuring a sustainable financial foundation for the museum's operations and programs. By managing the investment portfolio, the foundation ensures that income generated is available to support ongoing museum initiatives and educational outreach.

In addition to financial stewardship, the foundation holds titles to the Witte Museum's collections repository and the B. Naylor Morton Research and Collections Center. This responsibility not only secures the museum's valuable collections but also facilitates access to resources that support research and public engagement. Through its dedicated efforts, The Witte Foundation plays a crucial role in preserving cultural heritage and fostering a deeper understanding of the natural and cultural history of Texas and beyond.




This information is meant to be a general summary of The Witte Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$5,484 (2022)
Expenses
$349,935 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$5,484

Assets and Liabilities:

  • Total Assets: $6,918,313
  • Total Liabilities: $4,838,872
  • Net Assets: $2,079,441

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Organization Details

Founding Year

1995

Principal Officer

Marise Mcdermott

Main Address

3801 BROADWAY, SAN ANTONIO, TX, 78209

NTEE Category

Code: T20Z - Philanthropy

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