Nonprofit · EIN 45-5085493
WISEHEART FOUNDATION
Tax-exempt · MEMPHIS, TN 38119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $349,084 | $269,793 | $79,291 | $281,657 | $0 | $281,657 |
| June 30, 2024 | 990 | $272,446 | $285,813 | -$13,367 | $196,482 | $0 | $196,482 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $224,614
- Program service revenue
- $111,115
- Investment income
- $13,355
- Net gain from sales of assets
- $3,070
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $154,817
- Other salaries and wages
- $76,899
- Salaries, compensation and benefits (total)
- $236,061
- Professional fundraising fees
- $0
- Accounting fees
- $1,860
- Occupancy
- $15,501
- Travel
- $8,288
- Depreciation
- $187
- Program services (functional)
- $242,409
- Management and general (functional)
- $22,279
- Fundraising (functional)
- $5,105
Balance sheet and other
- Total assets, start of year
- $196,482
- Total assets, end of year
- $281,657
- Total liabilities, end of year
- $0
- Net assets, end of year
- $281,657
- Land, buildings and equipment
- $78
- Publicly traded securities
- $194,160
- Net assets without donor restrictions
- $281,657
- Gross receipts
- $404,075
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2012
- State of legal domicile
- TN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEN E HARDISON | DIRECTOR Trustee or director, Officer | 40 | $150,000 | $4,818 |
| RICHARD VINING | PRESIDENT AND BOARD DIRECT Trustee or director, Officer | 1 | $0 | $0 |
| TOM EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN HAWKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS WINCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE SHEPPARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELAINE SAVELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEN E HARDISON | DIRECTOR Officer | 40 | $150,000 | $4,524 |
| RICHARD VINING | PRESIDENT AND BOARD DIRECT Trustee or director, Officer | 1 | $0 | $0 |
| TOM EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN HAWKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS WINCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATIE SHEPPARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6070 POPLAR AVE STE 150, MEMPHIS, TN 38119-3400
- Principal officer (990 for 2024)
- RICHARD VINING, 6070 POPLAR AVE SUITE 150, MEMPHIS, TN 38119
- Signed the 990
- RICHARD VINING, PRESIDENT AND DIRECTOR
- Phone
- (901) 410-3633
- Website
- WWW.WISEHEARTFOUNDATION.ORG
- 990-N for 2012 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Richard Vining, 112 Pidgeon Road, Memphis TN 38117. Mailing address: 112 Pidgeon Road, Memphis TN 38117. Website: wiseheartfoundation.org
- Return prepared by
- WATKINS UIBERALL PLLC
Mission
WISEHEART FOUNDATION WAS FORMED TO CONNECT PHILANTHROPIC CHRISTIAN DONORS WITH AN AVENUE TO ENHANCE THE TAX ADVANTAGES OF A CHARITABLE FOUNDATION, WHILE GROWING AND EMPOWERING THE DONOR'S ABILITY TO SUPPORT GOD HONORING MINISTRIES AND OTHER NOT-FOR-PROFIT ORGANIZATIONS IN A WAY TO MAXIMIZE THE GREATEST IMPACT.
Program accomplishments
- THE WISEHEART FOUNDATION'S FOCUS IS TO PARTNER WITH OR COME ALONGSIDE WELL OPERATED AND VETTED GOD-HONORING CHARITIES, MINISTRY GROUPS AND OTHER ORGANIZATIONS TO ASSIST THEM WITH RESOURCES, STRATEGIES AND FUNDING TO HELP THEM FULFILL THEIR MISSION OR PURPOSE. WE WORK DILIGENTLY TO CONNECT OUR DONORS WITH THESE MINISTRIES AND/OR OTHER ORGANIZATIONS AND HELP THEM BE EMPOWERED IN THEIR WORK. WISEHEART WORKS CONTINUALLY TO MINIMIZE THE OPERATIONAL COSTS OF THE FOUNDATION TO MAXIMIZE THE FUNDING ABILITY IN SUPPORT OF THESE CHARITIES. FUNDING OF OPERATIONS COMES FROM A 1% ANNUAL FEE CHARGED AGAINST ALL DONOR ADVISED FUNDS. OVERSIGHT AND APPROVAL OF ALL FUND CHARGES AS WELL AS GRANTS GIVEN IS UNDER THE GUIDELINES ESTABLISHED FOR SUCH PURPOSES AND APPROVED BY THE BOARD OF DIRECTORS. MANAGEMENT COSTS ARE KEPT TO A MINIMUM TO MAXIMIZE THE ABILITY OF OUR DONORS TO GIVE TO EFFECTIVE MINISTRY CAUSES AND ARE ALWAYS TRANSPARENT. WISEHEART STANDS IN THE GAP BETWEEN DONORS AND MINISTRIES OR ORGANIZATIONS TO HELP DONORS MAKE MORE EFFECTIVE CONTRIBUTIONS AND ACCOMPLISH THEIR PHILANTHROPIC GOALS.WE UNDERSTAND THAT MANY DONORS ARE NOT SATISFIED WITH THEIR CHARITABLE GIVING AND FEEL UNSURE WHETHER OR NOT THEIR DONATION IS MAKING A DIFFERENCE. WE UNDERSTAND THAT IT IS DIFFICULT FOR MANY TO KNOW IF A PARTICULAR MINISTRY IS DOING VALID WORK. WISEHEART EXISTS TO PROVIDE DONORS WITH STRATEGIC GIVING OPTIONS TO TRUST THAT THEIR CONTRIBUTIONS ARE EFFECTIVE AND USED FAITHFULLY. WISEHEART ASPIRES TO HELP THE DONOR GIVE GENEROUSLY AND EFFECTIVELY TO AN ORGANIZATION OR GOD-HONORING CAUSE FOR WHICH THEY HAVE A PASSION. WE WANT TO HELP OUR DONORS: *DESIGN A GIVING STRATEGY TO MAXIMIZE CHARITABLE GIFTS ALIGNED WITH THEIR PASSIONExpenses $242,409 · revenue $111,800
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5085493
- 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
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X12)
- Assets (IRS master file)
- $281,657
- Income (IRS master file)
- $404,075
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $349,084 | $269,793 | $281,657 | XML |
| 990 | June 2024 | $272,446 | $285,813 | $196,482 | XML |
| 990 | June 2023 | $306,880 | $10,851,290 | $200,884 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Richard Vining Filed under this EIN, most likely by a chapter or affiliate | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-5085493).
Questions about WISEHEART FOUNDATION
- What is the EIN of WISEHEART FOUNDATION?
- The employer identification number (EIN) of WISEHEART FOUNDATION is 45-5085493.
- Is WISEHEART FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to WISEHEART FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WISEHEART FOUNDATION 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 WISEHEART FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WISEHEART FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WISEHEART FOUNDATION?
- The 990 for the year ended June 30, 2025 names RICHARD VINING.
- Who are the officers and directors of WISEHEART FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $150,000 (LEN E HARDISON, DIRECTOR).
- How much revenue does WISEHEART FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $349,084, expenses of $269,793 and total assets of $281,657 at year end.
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