Greenwood Foundation
- Assets
- $35.7m
- Revenue
- $3.3m
- Investments
- $32.9m
- Employees
- 0
- Location
- Wolverine, MI
- Founding
- 04/1966
- Data as of
- 05/2024
- EIN
- 38-1775875
Organization Overview
Greenwood Foundation is located in Wolverine, MI. The organization was established in 1966. 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. Greenwood 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 05/2024, Greenwood Foundation generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.0m during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FEEDING AND PROTECTION OF WILDLIFE, PROTECTION OF THE ENVIRONMENT AND EDUCATION THROUGH GROUP VISITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Mccauley Trustee/employee | 40 | $82,250 | |
Martha Mccauley Sec/asst Treas/emp | 32 | $54,442 | |
Ty Ratliff Vp/ttee/emp | 28 | $57,650 | |
John R Findlay Pres/treas/ttee/emp | 20 | $55,400 | |
Claire A Findlay Trustee | 0 | $0 | |
Michelle Forton Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,216,247 |
| Interest on Savings | $0 |
| Dividends & Interest | $967,589 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,731 |
| Capital Gain Net Income | $92,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,280,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $324,102 |
| Other employee salaries and wages | $93,062 |
| Pension plans, employee benefits | $33,632 |
| Interest | $0 |
| Taxes | $50,193 |
| Depreciation | $60,968 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $971 |
| Printing and publications | $0 |
| Other expenses | $385,969 |
| Total operating and administrative expenses | $1,008,196 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,008,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,268 |
| Savings and temporary cash investments | $173,321 |
| 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 | $1,152,947 |
| Net Land, buildings, and equipment | $2,542,194 |
| Other assets | $0 |
| Total assets | $35,687,325 |
| Accounts payable and accrued expenses | $14,328 |
| 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 | $14,328 |