Wood Foundation
- Assets
- $1.3m
- Revenue
- $574.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Canal Winchester, OH
- Founding
- 11/1987
- Data as of
- 12/2022
- EIN
- 31-1217729
Organization Overview
Wood Foundation is located in Canal Winchester, OH. The organization was established in 1987. 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 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, Wood Foundation generated $574.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $785.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wood Foundation has awarded 151 individual grants totaling $4,190,582. 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 |
|---|---|---|---|
Cheryl Wood Vice President | 1 | $0 | |
Vicki Wood Vice President | 1 | $0 | |
R Jonathan Wood Treasurer | 1 | $0 | |
Robert S Wood II President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $455,438 |
| Interest on Savings | $210 |
| Dividends & Interest | $47,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,649 |
| Capital Gain Net Income | $70,649 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $574,096 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,051 |
| Total operating and administrative expenses | $12,450 |
| Contributions, gifts, grants paid | $773,272 |
| Total expenses and disbursements | $785,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,955 |
| Savings and temporary cash investments | $38,662 |
| 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 | $1,298,617 |
| 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, Wood Foundation has awarded $773,272 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
FRANKLIN PARK CONSERVATORY PURPOSE: SUPPORT | $5,000 |
CANAL WINCHESTER AREA HISTORICAL SO PURPOSE: SUPPORT | $2,230 |
NAVY MARINE CORPS RELIEF SOCIETY PURPOSE: SUPPORT | $1,000 |
CANAL WINCHESTER SCHOOLS PURPOSE: SUPPORT | $15,000 |
DESTINATION CANAL WINCHESTER PURPOSE: SUPPORT | $25,000 |
CANAL WINCHESTER HUMAN SERVICES PURPOSE: SUPPORT | $6,000 |