The Ward Foundation
- Assets
- $3.8m
- Revenue
- $204.2k
- Investments
- $3.6m
- Employees
- 0
- Location
- Hilton Head, SC
- Founding
- 06/2001
- Data as of
- 12/2023
- EIN
- 58-6440277
Organization Overview
The Ward Foundation is located in Hilton Head, SC. The organization was established in 2001. 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. Ward 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 12/2023, Ward Foundation generated $204.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $247.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ward Foundation has awarded 78 individual grants totaling $756,600. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $113,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $86,426 |
| Capital Gain Net Income | $86,431 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,000 |
| Total Revenue | $204,200 |
| 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 | $1,500 |
| Total operating and administrative expenses | $43,628 |
| Contributions, gifts, grants paid | $204,200 |
| Total expenses and disbursements | $247,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,762 |
| 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 | $3,755,402 |
| 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, The Ward Foundation has awarded $204,200 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ARTSBRIDGE FOUNDATION PURPOSE: STUDENT FIELD TRIPS FINANCIAL AID ASSISTANCE | $5,000 |
BOYS & GIRLS CLUBS OF HILTON HEAD ISLAND PURPOSE: K-3RD GRADE READING ENRICHMENT PROGRAM | $10,000 |
BOYS & GIRLS CLUBS OF NORTHEAST FLORIDA PURPOSE: "TRIPLE PLAY" MIND, BODY & SOUL PROGRAM | $10,000 |
BRENNER CHILDRENS HOSPITAL WAKE FOREST BAPTIST MEDICAL CENTER PURPOSE: WARD FAMILY ENDOWMENT FUND | $10,000 |
CARTER CENTER PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $5,000 |
COMMUNITY FOUNDATION FOR NORTHEAST FLORIDA PURPOSE: WOMENS GIVING ALLIANCE | $3,000 |