Wood Foundation Of Chambersburg Pa
- Assets
- $0.0
- Revenue
- $361.6k
- Investments
- $3.7m
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 04/1989
- Data as of
- 12/2020
- EIN
- 25-1607838
Organization Overview
Wood Foundation Of Chambersburg Pa is located in Shaker Heights, OH. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood Foundation Of Chambersburg PA 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 12/2020, Wood Foundation Of Chambersburg PA generated $361.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wood Foundation Of Chambersburg PA has awarded 154 individual grants totaling $4,634,253. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles O Wood III Trustee | 5 | $18,000 | |
Miriam M Wood Trustee | 1 | $0 | |
Emilie W Robinson Trustee | 1 | $0 | |
David S Wood Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,030 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,232 |
| Total Revenue | $361,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $104,651 |
| Contributions, gifts, grants paid | $1,040,000 |
| Total expenses and disbursements | $1,144,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,311 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,550,529 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wood Foundation Of Chambersburg Pa has awarded $515,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES O WOOD III & MIRIAM M WOOD FOUNDATION PURPOSE: GENERAL | $322,500 |
NEW LITERARY PROJECT PURPOSE: GENERAL | $40,000 |
RIVER OF WORDS PURPOSE: GENERAL | $30,000 |
Philadelphia, PA PURPOSE: GENERAL | $25,000 |
Sarasota, FL PURPOSE: GENERAL | $25,000 |
Boston, MA PURPOSE: GENERAL | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |