Charles R Wood Foundation
- Assets
- $0.0
- Revenue
- $1.7m
- Investments
- $33.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/1979
- Data as of
- 12/2020
- EIN
- 22-2237193
Organization Overview
Charles R Wood Foundation is located in Wilmington, DE. The organization was established in 1979. 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. Charles R Wood 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, Charles R Wood Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles R Wood Foundation has awarded 184 individual grants totaling $3,827,256. 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 |
|---|---|---|---|
Reeves Courtney Trustee | 1 | $0 | |
Mark Frost Trustee | 1 | $0 | |
Michael Della Bella Trustee, Treas | 1 | $0 | |
Barbara W Wages Pres, Trustee | 1 | $0 | |
C Braden Wages Trustee | 1 | $0 | |
Chelsea Hoopes Silver Trustee, VP | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bessemer Trust | 12/30/21 | $78,851 |
Foundation Source | 12/30/21 | $95,823 |
Glens Falls National | 12/30/21 | $71,724 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,164 |
| Dividends & Interest | $499,211 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,894 |
| Total Revenue | $1,690,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $65,295 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $26 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $354,109 |
| Contributions, gifts, grants paid | $1,942,120 |
| Total expenses and disbursements | $2,296,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,752,144 |
| Other assets | $89,125 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charles R Wood Foundation has awarded $1,885,136 in support to 87 organizations.
| Grant Recipient | Amount |
|---|---|
Queensbury, NY PURPOSE: MOBILE HEALTH PROGRAM | $200,000 |
Plattsburgh, NY PURPOSE: BREAST HEALTH IN THE NORTH COUNTRY | $175,000 |
DOLLYWOOD FOUNDATION PURPOSE: IMAGINATION LIBRARY PROGRAM IN THE NEW YORK COUNTIES OF ESSEX, CLINTON, FRANKLIN AND HAMILTON | $150,000 |
Latham, NY PURPOSE: TO SUPPORT SPECIFIED ADOPT-A-PROGRAM FUNDS | $145,600 |
Lake Luzerne, NY PURPOSE: CAMP-WIDE COVID MODIFICATIONS PROJECT | $125,000 |
Glens Falls, NY PURPOSE: REIMAGINE: THE VISITOR EXPERIENCE AND ACCESSIBILITY PROJECT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |