The Donald F Wood And Darlene M Richardson Foundation Inc
- Assets
- $10.7m
- Revenue
- $695.2k
- Investments
- $10.3m
- Employees
- 0
- Location
- Spencerville, IN
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-4217594
Organization Overview
The Donald F Wood And Darlene M Richardson Foundation Inc is located in Spencerville, IN. The organization was established in 2007. 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. Donald F Wood And Darlene M Richardson 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 12/2022, Donald F Wood And Darlene M Richardson Foundation Inc generated $695.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $666.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Donald F Wood And Darlene M Richardson Foundation Inc has awarded 134 individual grants totaling $2,443,442. 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 |
|---|---|---|---|
Lisa Suever President/tr | 3 | $5,000 | |
Audrey Wood Vice Pres/se | 3 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $305,300 |
| Interest on Savings | $612 |
| Dividends & Interest | $260,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,642 |
| Capital Gain Net Income | $128,642 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $695,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,537 |
| Total operating and administrative expenses | $64,746 |
| Contributions, gifts, grants paid | $602,000 |
| Total expenses and disbursements | $666,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,255 |
| Savings and temporary cash investments | $441,984 |
| 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 | $10,729,040 |
| 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, The Donald F Wood And Darlene M Richardson Foundation Inc has awarded $602,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
13 STEP HOUSE PURPOSE: GENERAL SUPPORT | $15,000 |
ARTS UNITED PURPOSE: GENERAL SUPPORT | $15,000 |
CAMP RED CEDAR PURPOSE: GENERAL SUPPORT | $20,000 |
BLUE JACKET PURPOSE: GENERAL SUPPORT | $10,000 |
BOUNCE BACK INDIANA PURPOSE: GENERAL SUPPORT | $10,000 |
CANCER SERVICES PURPOSE: GENERAL SUPPORT | $10,000 |