Bill Wood Foundation
- Assets
- $9.7m
- Revenue
- $2.9m
- Investments
- $9.3m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3550320
Organization Overview
Bill Wood Foundation is located in Austin, TX. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bill Wood 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 12/2022, Bill Wood Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bill Wood Foundation has awarded 14 individual grants totaling $2,159,356. 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 |
|---|---|---|---|
William P Wood President | 0 | $0 | |
Andrew S White Secretary/executive Direct | 16 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,995,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $152,335 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $793,914 |
| Capital Gain Net Income | $793,914 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,941,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $51 |
| Taxes | $5,858 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,412 |
| Printing and publications | $0 |
| Other expenses | $21,555 |
| Total operating and administrative expenses | $217,932 |
| Contributions, gifts, grants paid | $1,415,000 |
| Total expenses and disbursements | $1,632,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $364,911 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,669,198 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bill Wood Foundation has awarded $1,415,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BILL WOOD FOUNDATION FUND PURPOSE: IMPROVE THE LIVES OF PEOPLE IN A SPECIFIC REGION AND BEYOND | $425,000 |
JUST COMMUNITY LLC PURPOSE: INVESTING IN HARD-WORKING, LOW-INCOME ENTREPRENEURS WITH THE GOAL OF A MORE FIANCIALLY RESILIENT AMERICA. THE ORGANIZATION PROVIDES CAPITAL AND COACHING THROUGH A COMMUNITY OF SUPPORTIVE PEERS. | $100,000 |
FOUNDATION COMMUNITIES PURPOSE: TO SUPPORT THE NONPROFIT'S INNOVATIVE FOR AFFORDABLE, ATTRACTIVE HOMES AND FREE ON-SITE SUPPORT SERVICES FOR THOUSANDS OF FAMILIES WITH KIDS, AS WELL AS VETERANS, SENIORS, AND INDIVIDUALS WITH DISABILITIES. | $90,000 |
MOBILE LOAVES & FISHES INC PURPOSE: TO SUPPORT INDIVIDUALS EXPERIENCING HOMELESSNESS TO REDISCOVER PURPOSE AND APPLY THEIR TALENTS TO EARN AN NCOME | $200,000 |
BILL WOOD FOUNDATION FUND PURPOSE: SUPPORT EDUCATIONAL PROGRAMS | $600,000 |