Ward Foundation
- Assets
- $3.5m
- Revenue
- $126.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- Wellsboro, PA
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 25-1877478
Organization Overview
Ward Foundation is located in Wellsboro, PA. The organization was established in 2001. 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. Ward 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 12/2021, Ward Foundation generated $126.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $248.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ward Foundation has awarded 175 individual grants totaling $929,559. 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
THE PURPOSE OF THE FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT TO QUALIFIED CHARITABLE ORGANIZATIONS TO MEET COMMUNITY NEEDS. IN 2019, 30 CHARITABLE ORGANIZATIONS QUALIFIED FOR GRANT DISTRIBUTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph P Ward Trustee | 1 | $3,500 | |
Kathryn A Ward-O'malley Trustee | 1 | $3,500 | |
Marjorie A Ward Trustee | 1 | $3,500 | |
Patricia A Ward-Mcguire Trustee | 1 | $3,500 | |
Thomas M Owlett Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,347 |
| Dividends & Interest | $109,269 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $140,778 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $126,616 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $74,740 |
| Contributions, gifts, grants paid | $174,182 |
| Total expenses and disbursements | $248,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $119,948 |
| 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 | $136,116 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,507,444 |
| 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, Ward Foundation has awarded $174,182 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
CURE SEARCH FOR CHILDREN PURPOSE: FURTHER RELATEDPROGRAMS | $41,800 |
LUKE MCGUIRE MEMORIAL SCHOLARSHIP PURPOSE: SCHOLARSHIPS | $15,000 |
CAMP ARANU'TIQ PURPOSE: FURTHER RELATEDPROGRAMS | $10,000 |
CAMP ONE STEP AT A TIME PURPOSE: FURTHER RELATEDPROGRAMS | $10,000 |
CAMP CAN DO PURPOSE: FURTHER RELATEDPROGRAMS | $10,000 |
CAMP TA-KUM-TA PURPOSE: FURTHER RELATEDPROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |