Shadow Wood Charitable Foundation Inc
- Assets
- $503.4k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 09/2012
- Data as of
- 03/2023
- EIN
- 38-3881140
Organization Overview
Shadow Wood Charitable Foundation Inc is located in Bonita Springs, FL. The organization was established in 2012. According to its NTEE Classification (T31) the organization is classified as: Community 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. Shadow Wood Charitable Foundation Inc 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 03/2023, Shadow Wood Charitable Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $1.6m during the year ending 03/2023. While expenses have increased by 21.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shadow Wood Charitable Foundation Inc has awarded 94 individual grants totaling $6,261,855. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHADOW WOOD CHARITABLE FOUNDATION, INC. IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. THE FOUNDATION RAISES FUNDS AND DISTRIBUTES THEM TO SECTION 501 (C)(3) CHARITIES THAT SERVE THOSE RESIDENTS THROUGH SOCIAL SERVICE PROGRAMS. IT ALSO HAS SCHOLARSHIP AWARD AND EMERGENCY RELIEF PROGRAMS FOR THE BENEFIT OF EMPLOYEES, AND FAMILIES OF EMPLOYEES, OF SHADOW WOOD COUNTRY CLUB AND SHADOW WOOD COMMUNITY ASSOCIATION, AND A SCHOLARSHIP PROGRAM FOR THE BENEFIT OF GRADUATING SENIORS OF TWO LOCAL HIGH SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. DURING THE YEAR ENDED MARCH 31, 2023, THE FOUNDATION MADE GRANTS IN EXCESS OF 1,500,000 TO 15 CHARITABLE ORGANIZATIONS SERVING THOSE RESIDENTS. SEE SCHEDULE I FOR THE NAMES OF EACH OF THE CHARITIES RECEIVING GRANTS IN EXCESS OF 5,000 FROM THE FOUNDATION IN THE YEAR ENDED MARCH 31, 2023, AND THE AMOUNT RECEIVED BY EACH OF THOSE CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Dankoff Trustee | Trustee | 3 | $0 |
Eric Ganz Treasurer | OfficerTrustee | 10 | $0 |
William C Hewins Trustee | Trustee | 5 | $0 |
Michael J Laforte Trustee | Trustee | 5 | $0 |
Susan Nicoletti Trustee | Trustee | 3 | $0 |
Renee Pope Trustee | Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $357,891 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,185,219 |
| Noncash contributions included in lines 1a–1f | $145,666 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,543,110 |
| Total Program Service Revenue | $0 |
| Investment income | $1,052 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $885 |
| Net Income from Fundraising Events | -$70,752 |
| Net Income from Gaming Activities | $166,794 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,642,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,535,351 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,125 |
| Advertising and promotion | $0 |
| Office expenses | $19,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,700 |
| All other expenses | $0 |
| Total functional expenses | $1,570,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $953 |
| Savings and temporary cash investments | $495,066 |
| Pledges and grants receivable | $500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,838 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $503,357 |
| Accounts payable and accrued expenses | $16,660 |
| Grants payable | $0 |
| Deferred revenue | $11,900 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,560 |
| Net assets without donor restrictions | $474,797 |
| Net assets with donor restrictions | $0 |
| 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 | $503,357 |
Grants Awarded
Over the last fiscal year, Shadow Wood Charitable Foundation Inc has awarded $1,530,351 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR PERIOD SUPPLIES OF SWF PURPOSE: SEE PART IV | $23,000 |
BONITA SPRINGS ASSISTANCE OFFICE PURPOSE: SEE PART IV | $46,000 |
FLORIDA LIONS EYE CLINIC INC PURPOSE: SEE PART IV | $37,000 |
CAFE OF LIFE INC PURPOSE: SEE PART IV | $50,000 |
FOUNDATION FOR LEE COUNTY PUBLIC SC PURPOSE: SEE PART IV | $70,211 |
FRIENDS OF SALVATION ARMY PURPOSE: SEE PART IV | $75,000 |