Rockford Woodlawn Fund Inc
- Assets
- $22.9m
- Revenue
- $1.2m
- Investments
- $22.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-2443684
Organization Overview
Rockford Woodlawn Fund Inc is located in Wilmington, DE. The organization was established in 2005. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford Woodlawn 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 12/2021, Rockford Woodlawn Fund Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% 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 2015, Rockford Woodlawn Fund Inc has awarded 22 individual grants totaling $4,837,435. 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
ROCKFORD WOODLAWN PROVIDES FINANCIAL SUPPORT WHICH FOCUSES ON RELIEVING URBAN BLIGHT AND STABILIZING COMMUNITIES BY WORKING WITH ORGANIZATIONS THAT FOCUS ON AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF WILMINGTON. WE ENHANCE THE LIVES OF WILMINGTON RESIDENTS BY INVESTING AND SUPPORTING EFFORTS TO PROVIDE SAFE AND AFFORDABLE LIVING ENVIRONMENTS THAT FOSTER STABILITY AND INCREASE SELF-SUFFICIENCY FOR INDIVIDUALS AND FAMILIES WITH LOWER INCOMES. THE AFFORDABLE HOUSING PROJECTS WE'VE SUPPORTED SERVE 221 INDIVIDUALS AND FAMILIES WHOSE INCOME FALLS BETWEEN 30% AND 60% OF THE AREA MEDIAN INCOME, BY PROVIDING ONE-TO-THREE-BEDROOM RENTAL UNITS, ALL OF WHICH FALL WITHIN THE AFFORDABLE HOUSING CRITERIA. ROCKFORD WOODLAWN ALSO PROMOTES THE PRESERVATION OF OPEN SPACE FOR PUBLIC ENJOYMENT BY FUNDING PROJECTS TO ENHANCE EXISTING PARKS AND OPEN SPACES THAT WILL ENCOURAGE PUBLIC USE AND TO ACQUIRE LANDS TO BE UTILIZED AS OPEN SPACE FOR PUBLIC ENJOYMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Williams Board Member | 1 | $0 | |
Curtis Harkin Board Member | 1 | $0 | |
Scott Gates Board Member | 1 | $0 | |
Donna Gooden Vice Preside | 5 | $0 | |
Richard Przywara Ceo/ Preside | 5 | $0 | |
Susan Willis Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $359,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $824,480 |
| Capital Gain Net Income | $824,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,184,312 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,630 |
| Total operating and administrative expenses | $85,007 |
| Contributions, gifts, grants paid | $987,823 |
| Total expenses and disbursements | $1,072,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,601 |
| Savings and temporary cash investments | $140,050 |
| Net Accounts receivable | $914 |
| 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 | $2,114 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,355,580 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,893,021 |
| Accounts payable and accrued expenses | $20,984 |
| 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 | $20,984 |
Grants Awarded
Over the last fiscal year, Rockford Woodlawn Fund Inc has awarded $987,823 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Wilmington, DE PURPOSE: AFFORDABLE HOUSING REDEVELOPMENT | $943,823 |
Wilmington, DE PURPOSE: OPERATIONS | $10,000 |
Wilmington, DE PURPOSE: OPERATIONS | $10,000 |
CORNERSTONE WEST CDC PURPOSE: OPERATIONS | $10,000 |
SECOND CHANCES FARM PURPOSE: OPERATIONS | $5,000 |
Wilmington, DE PURPOSE: OPERATIONS | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rockford Woodlawn Fund Inc has recieved totaling $44,000.
| Awarding Organization | Amount |
|---|---|
Roger And Sarah Bancroft Clark Private Foundation Pittsburgh, PA PURPOSE: GRANTS | $44,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rosedale And Rosehill Cemetery Association Linden, NJ | $201,463,807 | $21,638,955 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
New York-New Jersey Trail Conference Inc Mahwah, NJ | $13,527,646 | $5,458,789 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
The Brandywine Creek State Park Trust Delaware Community Foundation Inc Ttee Wilmington, DE | $0 | $168 |
Childrens Beach House Inc Wilmington, DE | $14,014,176 | $2,446,544 |
Buhl Park Corporation Hermitage, PA | $630,019 | $2,157,285 |
Boardwalk S I D Management Corp Wildwood, NJ | $882,350 | $2,422,528 |
Smith Memorial Playgrounds Philadelphia, PA | $1,191,513 | $1,180,108 |
Lakeview Memorial Park Association Cinnaminson, NJ | $13,879,613 | $1,700,542 |