Kathy Jerry Wood Foundation Inc
- Assets
- $19.6m
- Revenue
- $2.2m
- Investments
- $17.7m
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 84-1690136
Organization Overview
Kathy Jerry Wood Foundation Inc is located in Annapolis, MD. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kathy Jerry Wood 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, Kathy Jerry Wood Foundation Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kathy Jerry Wood Foundation Inc has awarded 52 individual grants totaling $2,491,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT CHARITABLE ACTIVITIES- ALL GRANTS MADE TO PUBLIC CHARITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallie Hamrick President & Treasurer | 0 | $120,022 | |
Susan Oyloe Vice-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $72,183 |
| Dividends & Interest | $322,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,776,550 |
| Capital Gain Net Income | $1,776,550 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33,295 |
| Total Revenue | $2,204,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,022 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $31,688 |
| Interest | $0 |
| Taxes | $6,056 |
| Depreciation | $0 |
| Occupancy | $39,780 |
| Travel, conferences, and meetings | $142 |
| Printing and publications | $0 |
| Other expenses | $16,817 |
| Total operating and administrative expenses | $340,027 |
| Contributions, gifts, grants paid | $783,500 |
| Total expenses and disbursements | $1,123,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,473 |
| Savings and temporary cash investments | $1,885,777 |
| 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 | $19,579,030 |
| 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 | $3,001 |
| Total liabilities | $3,001 |
Grants Awarded
Over the last fiscal year, Kathy Jerry Wood Foundation Inc has awarded $783,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: TO PROVIDE FUNDING FOR ASSESSMENT AND TUTORING. | $100,000 |
Annapolis, MD PURPOSE: TO PROVIDE BETTER HEALTH CARE TO THE COMMUNITY | $100,000 |
Baltimore, MD PURPOSE: TO PAY EXPENDITURES FOR UNIVERSITY AND SERVE IN ADVISORY ROLE TO PRESIDENT | $75,000 |
Baltimore, MD PURPOSE: TO PAY EXPENDITURES FOR COLLEGE | $66,000 |
Santa Rosa, CA PURPOSE: TO PROVIDE FUNDING FOR FOLLOW-UP SERVICES FOR CANINE COMPANIONS | $50,000 |
Baltimore, MD PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Laszlo N Tauber Family Foundation Inc North Bethesda, MD | $0 | $1,758,712 |
Breakthrough Prize In Life Sciences Foundation Washington, DC | $615,230 | $10,652,847 |