Woodlawn Foundation
- Assets
- $49.4m
- Revenue
- $19.4m
- Investments
- $5.6m
- Employees
- 7
- Location
- New Rochelle, NY
- Founding
- 06/1980
- Data as of
- 06/2022
- EIN
- 13-3055729
Organization Overview
Woodlawn Foundation is located in New Rochelle, NY. The organization was established in 1980. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Woodlawn Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodlawn Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Woodlawn Foundation generated $19.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $20.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Woodlawn Foundation has awarded 347 individual grants totaling $121,914,071. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WOODLAWN FOUNDATION, INC. SOLICITS CONTRIBUTIONS AND PROVIDES GRANTS TO NONPROFIT ORGANIZATIONS THAT RECEIVE PASTORAL CARE FROM THE CATHOLIC PRELATURE OF OPUS DEI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS AND SERVICES IN SUPPORT OF FIFTY-EIGHT NONPROFIT ORGANIZATIONS THAT RECEIVE PASTORAL CARE FROM THE ROMAN CATHOLIC PRELATURE OF OPUS DEI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony M Mccarthy President | OfficerTrustee | 10 | $0 |
Michael A Coan Executive Director And Vice President | OfficerTrustee | 30 | $16,920 |
Charles Cushnie Vice President | OfficerTrustee | 10 | $0 |
Edwin S Tecarro Vice President | OfficerTrustee | 10 | $0 |
John M Wildes Vice President | OfficerTrustee | 10 | $0 |
Gregory A Byrnes Secretary | OfficerTrustee | 30 | $66,608 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $401,703 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,765,313 |
| Noncash contributions included in lines 1a–1f | $966,559 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,167,016 |
| Total Program Service Revenue | $255,773 |
| Investment income | $446,917 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,559,819 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,429,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,162,301 |
| Grants and other assistance to domestic individuals. | $10,125 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,112,148 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,435 |
| Compensation of current officers, directors, key employees. | $93,431 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,001 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $258,308 |
| Payroll taxes | $26,808 |
| Fees for services: Management | $223,121 |
| Fees for services: Legal | $3,013 |
| Fees for services: Accounting | $54,367 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $194,563 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,232 |
| Information technology | $24,764 |
| Royalties | $0 |
| Occupancy | $91,070 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $228,312 |
| Interest | $43,796 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,658 |
| All other expenses | $8,335 |
| Total functional expenses | $20,531,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,570,579 |
| Savings and temporary cash investments | $5,347,520 |
| Pledges and grants receivable | $107,118 |
| Accounts receivable, net | $178,404 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $283,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $114,073 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $25,896,663 |
| Investments—other securities | $5,639,667 |
| Investments—program-related | $2,606,000 |
| Intangible assets | $0 |
| Other assets | $4,688,060 |
| Total assets | $49,431,084 |
| Accounts payable and accrued expenses | $386,038 |
| Grants payable | $1,843,468 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $65,693 |
| Secured mortgages and notes payable | $3,007,281 |
| Unsecured mortgages and notes payable | $1,340,653 |
| Other liabilities | $286,221 |
| Total liabilities | $6,929,354 |
| Net assets without donor restrictions | $37,905,183 |
| Net assets with donor restrictions | $4,596,547 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $49,431,084 |
Grants Awarded
Over the last fiscal year, Woodlawn Foundation has awarded $17,049,778 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATION FOR EDUCATIONAL DEVELOPMENT (CHICAGO IL) PURPOSE: $160,800 FOR OPERATIONS, AND $1,300,000 FOR CONSTRUCTION OF STUDY CENTER IN PARK RIDGE, ILLINOIS. | $1,460,800 |
THE CRAWFORD FOUNDATION INC PURPOSE: OPERATIONS | $464,500 |
WINGREN FOUNDATION INC PURPOSE: $187,900 FOR OPERATIONS; AND $263,000 TO PAY DOWN MORTGAGE DEBT | $450,900 |
PRELATURE OF THE HOLY CROSS AND OPUS DEI PURPOSE: OPERATIONS | $407,375 |
RIVERSIDE STUDY CENTER INC PURPOSE: $157,110 FOR OPERATIONS; AND $238,806 FOR BUILDING RENOVATION PROJECT | $395,916 |
CASTLEWOOD FOUNDATION PURPOSE: OPERATIONS | $377,500 |