Woods Family Foundation
- Assets
- $693.1k
- Revenue
- $97.2k
- Investments
- $583.1k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-1767386
Organization Overview
Woods Family Foundation is located in Oklahoma City, OK. The organization was established in 2011. 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 Family 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 Family Foundation generated $97.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $91.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Woods Family Foundation has awarded 16 individual grants totaling $166,000. 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 |
|---|---|---|---|
Margolyn Woods Andrews Pres/dir | 1 | $0 | |
Taryn Woods Burt Vp/dir | 0.25 | $0 | |
Matthew T Woods Vp/dir | 0.25 | $0 | |
Adam H Woods Vp/dir | 0.25 | $0 | |
Laura A Roy Sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,000 |
| Interest on Savings | $468 |
| Dividends & Interest | $14,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,071 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,220 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $569 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,207 |
| Total operating and administrative expenses | $6,732 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $91,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,914 |
| Savings and temporary cash investments | $0 |
| 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 | $693,063 |
| 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 Family Foundation has awarded $85,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HIS TRUTH TRANSFORMS INTL PURPOSE: SOCIAL WELFARE | $5,000 |
OPEN HEARTS MINISTRY PURPOSE: SOCIAL WELFARE | $10,000 |
SAMARITAN'S PURSE PURPOSE: SOCIAL WELFARE | $20,000 |
TIM TEBOW FOUNDATION PURPOSE: SOCIAL WELFARE | $20,000 |
MOMS AND TOTS PURPOSE: SOCIAL WELFARE, FAMILY SERVICES | $5,000 |
SLAVIC GOSPEL ASSOCIATION PURPOSE: CHURCH | $20,000 |