Woodbury Fund Inc is located in Ashburn, VA. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Woodbury Fund 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 12/2023, Woodbury Fund Inc generated $820.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $932.2k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 8 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PUBLIC CHARITIES FOR PUBLIC EDUCATION HUMANITARIAN DEVELOPMENT AND CIVIC AWARENESS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liza Albright Secretary | 20 | $82,175 | |
Daniel Solomon President | 20 | $75,000 | |
Jane Solomon Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $186,519 |
| Net Rental Income | -$79,175 |
| Net Gain on Sale of Assets | $120,572 |
| Capital Gain Net Income | $120,572 |
| Net ST Capital Gain | $8,434 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $328,092 |
| Total Revenue | $820,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $82,175 |
| Pension plans, employee benefits | $2,448 |
| Interest | $36 |
| Taxes | $16,467 |
| Depreciation | $1,312 |
| Occupancy | $900 |
| Travel, conferences, and meetings | $329 |
| Printing and publications | $0 |
| Other expenses | $322,872 |
| Total operating and administrative expenses | $540,739 |
| Contributions, gifts, grants paid | $391,500 |
| Total expenses and disbursements | $932,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,368 |
| Savings and temporary cash investments | $258,380 |
| 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 | $1,623,768 |
| Other assets | $0 |
| Total assets | $10,956,890 |
| Accounts payable and accrued expenses | $396 |
| 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 | $15,378 |
| Total liabilities | $15,774 |