Ron And Carole Woods Foundation
- Assets
- $12.9m
- Revenue
- $1.0m
- Investments
- $8.1m
- Employees
- 0
- Location
- Porter, OK
- Founding
- 07/2019
- Data as of
- 06/2022
- EIN
- 83-3059212
Organization Overview
Ron And Carole Woods Foundation is located in Porter, OK. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Ron And Carole Woods 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 06/2022, Ron And Carole Woods Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $809.3k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 2 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 2021, Ron And Carole Woods Foundation has awarded 38 individual grants totaling $1,020,000. 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 |
|---|---|---|---|
Mikel Buckmaster Treasurer | 5 | $0 | |
Ronald J Woods President | 5 | $0 | |
W Kirk Clausing Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $244,870 |
| Net Rental Income | $14,186 |
| Net Gain on Sale of Assets | $749,165 |
| Capital Gain Net Income | $749,165 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,008,221 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,112 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $269,783 |
| Total operating and administrative expenses | $286,794 |
| Contributions, gifts, grants paid | $522,500 |
| Total expenses and disbursements | $809,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,081 |
| Savings and temporary cash investments | $4,668,799 |
| 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 | $997,631 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $41,325 |
| Total assets | $12,892,884 |
| 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, Ron And Carole Woods Foundation has awarded $522,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Muskogee, OK PURPOSE: OPERATIONAL SUPPORT | $90,000 |
WILL ROGERS HIGH SCHOOL PURPOSE: EDUCATIONAL | $80,000 |
ST ANDREWS DAY CARE AND SCHOOL PURPOSE: FACILITY | $75,000 |
GOSPEL RESCUE MISSION PURPOSE: RELIGIOUS | $50,000 |
Tulsa, OK PURPOSE: EDUCATIONAL SUPPORT | $25,000 |
MUSKOGEE ALUMNI BAND PURPOSE: EDUCATIONAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
22kill Farmers Branch, TX | $1,558,153 | $3,089,159 |
Ron And Carole Woods Foundation Porter, OK | $12,892,884 | $1,008,221 |
Alice L Stoskopf Tr Dallas, TX | $6,639,201 | $1,332,643 |
Elizabeth A Straut Trust Dallas, TX | $4,890,072 | $983,901 |
Make It Matter Foundation Dallas, TX | $1,095,378 | $4,280 |
Bertha Spaeti Smith Dallas, TX | $3,511,045 | $728,820 |
John W Parmelee Trust Dallas, TX | $3,527,836 | $711,953 |
Tuw Alban B & Edna B Nixonfund Dallas, TX | $2,587,724 | $508,901 |
Healthy All Together Basalt, CO | $43,081 | $0 |
Tuw Eleanor Hills Charitable Tr Dallas, TX | $2,309,861 | $455,621 |
Emil Kirchheimer Trust 32 48219 2 Dallas, TX | $2,096,173 | $407,715 |
Tuw Raymond I Caspers Dallas, TX | $1,632,391 | $325,201 |