Wood-Claeyssens Foundation
- Assets
- $112.5m
- Revenue
- $19.5m
- Investments
- $43.7m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 02/2012
- Data as of
- 03/2022
- EIN
- 32-0341358
Organization Overview
Wood-Claeyssens Foundation is located in Santa Barbara, CA. The organization was established in 2012. 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. Wood-Claeyssens 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 03/2022, Wood-Claeyssens Foundation generated $19.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $18.0m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wood-Claeyssens Foundation has awarded 1,545 individual grants totaling $113,259,919. 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 |
|---|---|---|---|
Charles C Gray Treasurer | 40 | $411,021 | |
Shelby Hughes Secretary | 40 | $256,372 | |
Brett L Burkey First Vice President | 40 | $253,900 | |
Jenna M Burkey Second Vice President | 40 | $253,900 | |
Noelle Claeyssens Burkey President | 40 | $253,900 | |
Stephanie Hladynuik Bookkeeper | 30 | $115,735 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hathaway Perret Webster Powers & Chrisman | 3/30/22 | $277,372 |
Brownstein Hyatt Farber Schreck | 3/30/22 | $483,544 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $343,977 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,590,038 |
| Net Rental Income | $7,697,689 |
| Net Gain on Sale of Assets | $2,361,001 |
| Capital Gain Net Income | $2,361,001 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,490,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,541,345 |
| Other employee salaries and wages | $514,535 |
| Pension plans, employee benefits | $660,040 |
| Interest | $0 |
| Taxes | $129,640 |
| Depreciation | $2,976,741 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,906,850 |
| Total operating and administrative expenses | $11,027,922 |
| Contributions, gifts, grants paid | $7,000,500 |
| Total expenses and disbursements | $18,028,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,448,121 |
| Net Accounts receivable | $1,827 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $5,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $26,213,029 |
| Investments—mortgage loans | $0 |
| Investments—other | $958,000 |
| Net Land, buildings, and equipment | $55,465 |
| Other assets | $0 |
| Total assets | $112,450,224 |
| 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, Wood-Claeyssens Foundation has awarded $7,000,500 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Barbara, CA PURPOSE: COLLECTIONS CARE PROJECT | $525,000 |
Santa Barbara, CA PURPOSE: COVID-19 GRANT PROGRAM | $500,000 |
Solvang, CA PURPOSE: KITCHEN EQUIPMENT AND; SENIOR WELLNESS AND NUTRITION | $425,000 |
Malibu, CA PURPOSE: NONPROFIT LEADERSHIP COLLABORATIVE; PIERRE CLAEYSSENS SCHOLARSHIP FUND; SPONSOR - PEPPERDINE WAVE CLASSIC - 2021; SPONSOR - WAVES OF FLAGS - "HONORING HEROES OF 9/11" | $270,000 |
YOUNG AMERICA'S FOUNDATION PURPOSE: SUPPORT OF 2021 FALL COLLEGE RETREAT | $250,000 |
Carpinteria, CA PURPOSE: THRIVE CARPINTERIA | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wood-Claeyssens Foundation has recieved totaling $1,476,625.
| Awarding Organization | Amount |
|---|---|
Friends Of The Kern County Fair Bakersfield, CA | | $1,476,625 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |
Craig H Neilsen Foundation Encino, CA | $489,570,251 | $30,946,732 |
Prostate Cancer Foundation Santa Monica, CA | $62,542,873 | $53,016,750 |
L K Whittier Foundation Pasadena, CA | $0 | $1,423,590 |
Sunlight Giving Palo Alto, CA | $510,624,261 | $22,845,227 |
Ralph M Parsons Foundation Los Angeles, CA | $469,540,445 | $59,827,202 |
Aramont Charitable Foundation Los Angeles, CA | $20,309,665 | $851,850 |
Capital Group Companies Charitable Foundation Irvine, CA | $396,511,503 | $49,953,906 |
Vera R Campbell Foundation Los Angeles, CA | $7,174,886 | $467,590 |
Resnick Foundation Los Angeles, CA | $16,158,618 | $25,090,034 |