Woodbury Educational Foundation
- Assets
- $519.7k
- Revenue
- -$50.2k
- Investments
- $512.0k
- Employees
- 0
- Location
- Woodbury, TN
- Founding
- 06/1953
- Data as of
- 05/2022
- EIN
- 62-0470043
Organization Overview
Woodbury Educational Foundation is located in Woodbury, TN. The organization was established in 1953. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodbury Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE & VOCATIONAL SCHOOL TUITION SCHOLARSHIPS ARE AWARDED TO CANNON COUNTY HIGH SCHOOL GRADUATES OR PERSONS PASSING G.E.D. WHO ARE RESIDENTS OF CANNON COUNTY, TENNESSEE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard D Hunter President | 0 | $0 | |
June Fann Director | 0 | $0 | |
Mark Vance Director | 0 | $0 | |
Greg Rogers Director | 0 | $0 | |
Arna Smithson Director | 0 | $0 | |
Glenda Hunter Secy, Bookeeper | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,471 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$51,331 |
| Total Revenue | -$50,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $92 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53 |
| Total operating and administrative expenses | $11,427 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $22,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,935 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,762 |
| 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 | $519,739 |
| Accounts payable and accrued expenses | $76 |
| 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 | $76 |
Grants Awarded
Over the last fiscal year, Woodbury Educational Foundation has awarded $11,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MADISON KAY BLANTON PURPOSE: SCHOLARSHIP | $2,000 |
ELIJAH CANTRELL PURPOSE: SCHOLARSHIP | $1,000 |
RACHEL CHOATE PURPOSE: SCHOLARSHIP | $1,000 |
CAROLYN LEE BLANTON PURPOSE: SCHOLARSHIP | $1,000 |
CAROLYN LEE BLANTON PURPOSE: SCHOLARSHIP | $1,000 |
MADISON ARNOLD PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville State University Foundation Jacksonville, AL | $99,989,549 | $15,547,897 |
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Alabama High School Athletic Association Montgomery, AL | $12,167,526 | $9,029,142 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Hudsonalpha Foundation Huntsville, AL | $65,481,044 | $7,640,212 |