Woodworth Family Foundation
- Assets
- $16.4m
- Revenue
- $3.5m
- Investments
- $12.8m
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 12/2007
- Data as of
- 12/2020
- EIN
- 90-0283284
Organization Overview
Woodworth Family Foundation is located in Tacoma, WA. The organization was established in 2007. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodworth Family 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 12/2020, Woodworth Family Foundation generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Woodworth Family Foundation has awarded 365 individual grants totaling $4,550,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Starks Treasurer | 1 | $0 | |
Jeffrey A Woodworth President | 1 | $0 | |
John A Woodworth Vice President | 1 | $0 | |
Nancy Woodworth Secretary | 1 | $0 | |
Jill Woodworth Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $146,115 |
| Dividends & Interest | $200,727 |
| Net Rental Income | $30,436 |
| Net Gain on Sale of Assets | $2,764,926 |
| Capital Gain Net Income | $2,764,926 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $129,523 |
| Total Revenue | $3,452,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,410 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $164,928 |
| Total operating and administrative expenses | $268,825 |
| Contributions, gifts, grants paid | $806,500 |
| Total expenses and disbursements | $1,075,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,169,040 |
| 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 | $2,352,924 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,337 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,831,573 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,382,874 |
| 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, Woodworth Family Foundation has awarded $2,419,500 in support to 162 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: GTCF-PIERCE COUNTY CONNECTED FUND COVID 19 | $135,000 |
Tacoma, WA PURPOSE: GTCF-PIERCE COUNTY CONNECTED FUND COVID 19 | $135,000 |
Tacoma, WA PURPOSE: GTCF-PIERCE COUNTY CONNECTED FUND COVID 19 | $135,000 |
YMCA OF PIERCE AND KITSAP COUNTIES PURPOSE: CAPITAL FOR NEW YMCA BUILDING | $100,000 |
YMCA OF PIERCE AND KITSAP COUNTIES PURPOSE: CAPITAL FOR NEW YMCA BUILDING | $100,000 |
YMCA OF PIERCE AND KITSAP COUNTIES PURPOSE: CAPITAL FOR NEW YMCA BUILDING | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Woodworth Family Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Oscar T And Olivann Hokoldfoundation Lakewood, WA PURPOSE: GENERAL OPERATIONS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Gage Academy Of Art Seattle, WA | $3,068,571 | $2,623,877 |
Pratt Fine Arts Center Seattle, WA | $7,081,159 | $1,908,130 |
Kingdom Air Corps Inc Sutton, AK | $2,362,130 | $1,590,178 |
Woodworth Family Foundation Tacoma, WA | $16,382,874 | $3,452,473 |
Pottery Northwest Seattle, WA | $1,169,498 | $523,661 |
Bunnell Street Arts Center Homer, AK | $391,886 | $556,806 |
Oregon Society Of Artists Portland, OR | $357,338 | $646,733 |
Bainbridge Arts & Crafts Inc Bainbridge Island, WA | $908,274 | $485,325 |
Portland Street Art Alliance Portland, OR | $196,129 | $562,703 |
Anacortes Arts Festival Anacortes, WA | $436,946 | $573,195 |
Architectural Foundation Of Oregon Portland, OR | $963,741 | $418,529 |