Shadow Wood Charitable Foundation Inc
- Assets
- $430.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 09/2012
- Data as of
- 03/2022
- EIN
- 38-3881140
Organization Overview
Shadow Wood Charitable Foundation Inc is located in Bonita Springs, FL. The organization was established in 2012. According to its NTEE Classification (T31) the organization is classified as: Community 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. Shadow Wood Charitable 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 03/2022, Shadow Wood Charitable Foundation Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $1.1m during the year ending 03/2022. While expenses have increased by 19.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shadow Wood Charitable Foundation Inc has awarded 79 individual grants totaling $4,731,504. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHADOW WOOD CHARITABLE FOUNDATION, INC. IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. THE FOUNDATION RAISES FUNDS AND DISTRIBUTES THEM TO SECTION 501 (C)(3) CHARITIES THAT SERVE THOSE RESIDENTS THROUGH SOCIAL SERVICE PROGRAMS. IT ALSO HAS SCHOLARSHIP AWARD AND EMERGENCY RELIEF PROGRAMS FOR THE BENEFIT OF EMPLOYEES, AND FAMILIES OF EMPLOYEES, OF SHADOW WOOD COUNTRY CLUB AND SHADOW WOOD COMMUNITY ASSOCIATION, AND A SCHOLARSHIP PROGRAM FOR THE BENEFIT OF GRADUATING SENIORS OF TWO LOCAL HIGH SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. DURING THE YEAR ENDED MARCH 31, 2022, THE FOUNDATION MADE GRANTS TO 16 CHARITABLE ORGANIZATIONS SERVING THOSE RESIDENTS. SEE SCHEDULE I FOR THE NAMES OF EACH OF THE CHARITIES RECEIVING GRANTS IN EXCESS OF 5,000 FROM THE FOUNDATION IN THE YEAR ENDED MARCH 31, 2022, AND THE AMOUNT RECEIVED BY EACH OF THOSE CHARITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne B Devitt Secretary | OfficerTrustee | 3 | $0 |
Tod C Wilcock President | OfficerTrustee | 10 | $0 |
Stephen Zentz Treasurer | OfficerTrustee | 10 | $0 |
Timothy M Mcauliff Trustee | Trustee | 5 | $0 |
Norman Wells Trustee | Trustee | 7 | $0 |
William C Hewins Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $188,617 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $915,719 |
| Noncash contributions included in lines 1a–1f | $86,155 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,104,336 |
| Total Program Service Revenue | $0 |
| Investment income | $284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $522 |
| Net Income from Fundraising Events | -$32,094 |
| Net Income from Gaming Activities | $146,806 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,219,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100,606 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,536 |
| Advertising and promotion | $0 |
| Office expenses | $13,109 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,689 |
| All other expenses | $6,443 |
| Total functional expenses | $1,127,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $958 |
| Savings and temporary cash investments | $424,711 |
| Pledges and grants receivable | $725 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,350 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,744 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $28,232 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,232 |
| Net assets without donor restrictions | $402,512 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $430,744 |
Grants Awarded
Over the last fiscal year, Shadow Wood Charitable Foundation Inc has awarded $1,097,106 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
North Fort Myers, FL PURPOSE: SEE PART IV | $329,000 |
Naples, FL PURPOSE: SEE PART IV | $126,000 |
Fort Myers, FL PURPOSE: SEE PART IV | $88,268 |
Fort Myers, FL PURPOSE: SEE PART IV | $74,205 |
Fort Myers, FL PURPOSE: SEE PART IV | $59,612 |
Fort Myers, FL PURPOSE: SEE PART IV | $58,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Shadow Wood Charitable Foundation Inc has recieved totaling $99,150.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $63,800 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $16,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $6,300 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,000 |
Reese Family Charitable Foundation Bonita Springs, FL PURPOSE: GENERAL | $2,350 |
The Robert And Marcia Oswald Family Foundation Bonita Springs, FL PURPOSE: UNRESTRICTED | $2,250 |
Endowment Analysis
| Beg. Balance | $171,000 |
| Admin Expense | $171,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |
Pinellas Community Foundation Clearwater, FL | $142,858,566 | $23,264,951 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
Community Foundation Of Broward Inc Fort Lauderdale, FL | $211,626,969 | $24,953,275 |
Community Foundation Of Central Georgia Inc Macon, GA | $156,226,670 | $20,534,365 |
Indian River Community Foundation Vero Beach, FL | $78,791,488 | $17,472,868 |
Community Foundation For Northeast Georgia Inc Duluth, GA | $80,665,782 | $22,483,820 |
Southwest Florida Community Foundation Inc Fort Myers, FL | $150,939,743 | $16,558,924 |
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
Community Foundation Of South Alabama Mobile, AL | $98,008,361 | $13,565,867 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |