Foundation Of Wesley Woods Inc

Organization Overview

Foundation Of Wesley Woods Inc is located in Atlanta, GA. The organization was established in 1984. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 08/2023, Foundation Of Wesley Woods Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Wesley Woods 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 08/2023, Foundation Of Wesley Woods Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $2.8m during the year ending 08/2023. While expenses have increased by 2.0% 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 2015, Foundation Of Wesley Woods Inc has awarded 65 individual grants totaling $19,257,897. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CREATING COMMUNITIES OF CONNECTION, WELL-BEING AND PROMISE FOR OLDER ADULTS LIVING IN WESLEY WOODS COMMUNITIES BY RAISING VITAL FUNDING FOR THE LIFE CHANGING WORK OF WESLEY WOODS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OF WESLEY WOODS PROVIDES CHARITABLE CARE, PROGRAMMATIC AND CAPITAL GRANTS FOR ALL WESLEY WOODS SENIOR LIVING, INC. RETIREMENT COMMUNITIES. ADDITIONALLY, THE ORGANIZATION MAKES GRANTS TO FACILITIES AND PROGRAMS OWNED BY EMORY UNIVERSITY, INC. AND WESLEY WOODS CENTER OF EMORY UNIVERSITY, INC. (AFFILIATED ORGANIZATIONS) AS THEY ALIGN WITH THE FOUNDATIONS MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
Terry Barcroft
President & CEO
$0
Lauri Ann Brooks
Vpo
$0
Diane Vaughan
President
$0
Rev Dr Bill Burch
Chair
$0
Lisa Mcgahan
Vice Chair
$0
Jess Barron
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$320,975
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,671,179
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,992,154
Total Program Service Revenue$0
Investment income $756,933
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $126,117
Net Income from Fundraising Events -$27,284
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,847,920

Grants Awarded

Over the last fiscal year, Foundation Of Wesley Woods Inc has awarded $2,454,155 in support to 5 organizations.

Grant RecipientAmount

WESLEY HOMES INC

PURPOSE: CHARITABLE CARE AND WELLNESS PROGRAMMING FOR COMMUNITIES SERVING LOW-INCOME SENIORS

$781,181

WESLEY WOODS CENTER OF EMORY UNIVERSITY INC DBA BUDD TERRACE & WWTOWERS

PURPOSE: CHARITABLE CARE AND PROGRAM SUPPORT

$339,998

WESLEY WOODS NEWNAN PEACHTREE CITY

PURPOSE: CHARITABLE CARE FOR RESIDENTS OF A LIFECARE COMMUNITY

$146,040

WESLEY WOODS OF ATHENS

PURPOSE: CHARITABLE CARE FOR RESIDENTS OF A LIFECARE COMMUNITY

$223,590

WESLEY WOODS SENIOR LIVING

PURPOSE: PROGRAMMATIC SUPPORT FOR AFFILIATED RETIREMENT COMMUNITIES

$963,346
View Grant Profile

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$6,233,596
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$4,991,113
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New Hanover Regional Medical Center Auxiliary Inc
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$290,703
Ozanam Charitable Pharmacy Inc
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$3,787,529
Tennessee Mental Health Consumers Associaton Inc Term
Nashville, TN
$3,533,807
Indian River County Healthy Start Coalition Inc
Vero Beach, FL
$3,407,658
Foundation Of Wesley Woods Inc
Atlanta, GA
$3,847,920
Palmetto Care Connections
Bamberg, SC
$3,498,525
Positive Wellness Alliance
Lexington, NC
$2,392,254
Florence Crittenton Services Inc
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Anniston Country Club Inc
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$1,717,880
Health Foundation Inc
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$1,890,572

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