Woods Charitable Foundation
- Assets
- $5.1m
- Revenue
- $160.9k
- Investments
- $5.0m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/2004
- Data as of
- 12/2022
- EIN
- 20-1060852
Organization Overview
Woods Charitable Foundation is located in Philadelphia, PA. The organization was established in 2004. 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. Woods Charitable 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 12/2022, Woods Charitable Foundation generated $160.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $301.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Woods Charitable Foundation has awarded 92 individual grants totaling $27,234,100. 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 |
|---|---|---|---|
Mark A Strode President/secretary (start 4/2018) | 0.5 | $500 | |
Joseph Harnett Jr Treasurer (till 4/2018) | 1.3 | $11,200 | |
Arthur E Johnson President (till 4/2018) | 0.8 | $500 | |
Amyla Lavric Director (till 4/2018) | 0.5 | $500 | |
Scott A Strode Vice-President (till 4/2018) | 0.5 | $500 | |
Anthony P Terracciano Director (till 4/2018) | 0.5 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $699 |
| Dividends & Interest | $122,568 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,639 |
| Capital Gain Net Income | $37,639 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,724 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,801 |
| Total operating and administrative expenses | $51,688 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $301,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,492 |
| 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 | $5,148,381 |
| 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, Woods Charitable Foundation has awarded $250,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COPE FAMILY CENTER PURPOSE: 50TH ANNIVERSARY - CHARITABLE DONATION | $10,000 |
BLUE OAK SCHOOL PURPOSE: SUPPORT THE ACORN FUND TO PROVIDE ONGOING ENHANCEMENTS TO THE SCHOOL | $195,000 |
QUEEN OF THE VALLEY FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |
FRIENDS OF THE CAMEO PURPOSE: GENERAL SUPPORT | $10,000 |
KING RIDGE FOUNDATION PURPOSE: SUPPORT OUTRIDE PROGRAM | $5,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: CHARITABLE DONATION | $5,000 |