Robert W Woodruff Foundation Inc
- Assets
- $809.2m
- Revenue
- $128.3m
- Investments
- $739.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 58-1695425
Organization Overview
Robert W Woodruff Foundation Inc is located in Atlanta, GA. The organization was established in 1986. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Robert W Woodruff 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 12/2021, Robert W Woodruff Foundation Inc generated $128.3m 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 (8.3%) each year. All expenses for the organization totaled $170.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert W Woodruff Foundation Inc has awarded 144 individual grants totaling $828,869,631. 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 |
|---|---|---|---|
P Russell Hardin President | 17 | $240,819 | |
Erik S Johnson Vice President & Secretary | 17 | $131,290 | |
Eli P Niepoky Treasurer | 17 | $81,431 | |
Elizabeth Smith Grants Program Direc | 17 | $74,456 | |
Sarah Tablan Controller | 17 | $64,027 | |
Carrie Conway Senior Program Offic | 17 | $52,157 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gannett Welsh & Kotler Llc | 12/30/21 | $490,477 |
T Rowe Price Associates | 12/30/21 | $387,082 |
Truist | 12/30/21 | $314,237 |
Parametric | 12/30/21 | $193,967 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $90,206 |
| Dividends & Interest | $96,723,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,492,049 |
| Capital Gain Net Income | $31,492,049 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $128,305,770 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $588,540 |
| Other employee salaries and wages | $401,787 |
| Pension plans, employee benefits | $250,145 |
| Interest | $0 |
| Taxes | $2,115,000 |
| Depreciation | $4,040 |
| Occupancy | $104,457 |
| Travel, conferences, and meetings | $22,345 |
| Printing and publications | $697 |
| Other expenses | $105,227 |
| Total operating and administrative expenses | $5,034,872 |
| Contributions, gifts, grants paid | $165,210,063 |
| Total expenses and disbursements | $170,244,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,591 |
| Savings and temporary cash investments | $48,037,022 |
| 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 | $21,376,335 |
| Other assets | $281,145 |
| Total assets | $809,205,685 |
| 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 | $2,618 |
| Total liabilities | $2,618 |
Grants Awarded
Over the last fiscal year, Robert W Woodruff Foundation Inc has awarded $335,495,537 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: DEVELOPMENT OF EMORY UNIVERSITY'S WINSHIP TOWER MIDTOWN AND HEALTH SCIENCES RESEARCH BUILDING II. | $70,000,020 |
ATLANTA BELTLINE PARTNERSHIP PURPOSE: COMPLETION OF THE 22-MILE TRAIL CORRIDOR LOOP ($75 MILLION) AND SUPPORT FOR THE LEGACY RESIDENT RETENTION PROGRAM ($2.5 MILLION) AND PARTNERSHIP OPERATIONS ($2.5 MILLION). | $69,500,000 |
Atlanta, GA PURPOSE: $286 MILLION CAMPAIGN TO EXPAND FACILITIES AND PROGRAMS FOR NEUROLOGICAL TREATMENT, REHABILITATION AND RESEARCH. | $25,000,000 |
Atlanta, GA PURPOSE: SUPPORT FOR EMORY + CHILDREN'S PEDIATRIC INSTITUTE RESEARCH PLAN. | $20,000,043 |
GEORGIA STATE UNIVERSITY PURPOSE: RENOVATION OF THE BELL BUILDINGS TO HOUSE STUDENT SUCCESS SERVICES AND THE NATIONAL INSTITUTE FOR STUDENT SUCCESS. | $15,000,000 |
ICHAUWAY INCORPORATED PURPOSE: IMPLEMENTATION OF MASTER FACILITIES PLAN. | $12,585,474 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert W Woodruff Foundation Inc Atlanta, GA | $809,205,685 | $128,305,770 |
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |