J A Woollam Foundation
- Assets
- $27.2m
- Revenue
- $261.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 47-0812219
Organization Overview
J A Woollam Foundation is located in Lincoln, NE. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J A Woollam 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, J A Woollam Foundation generated $261.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.5%) each year. All expenses for the organization totaled $588.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, J A Woollam Foundation has awarded 144 individual grants totaling $7,160,441. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUISITION OF PROPERTY ON PRETTY LAKE, MICHIGAN FOR THE PURPOSE OF RESTORATION AND CONSERVATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $255,000 |
| Interest on Savings | $5,964 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $260,964 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $36,199 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60,232 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,331 |
| Printing and publications | $0 |
| Other expenses | $268,333 |
| Total operating and administrative expenses | $474,506 |
| Contributions, gifts, grants paid | $114,000 |
| Total expenses and disbursements | $588,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $269,500 |
| 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 | $19,918,882 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,766 |
| Other assets | $7,050,000 |
| Total assets | $27,242,148 |
| Accounts payable and accrued expenses | $173 |
| 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 | $173 |
Grants Awarded
Over the last fiscal year, J A Woollam Foundation has awarded $114,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NEBRASKA LAND TRUST PURPOSE: OPERATIONS GRANT | $5,000 |
SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FOUNDATION PURPOSE: SCHOLARSHIP FUND | $24,000 |
SPRING CREEK PRAIRIE AUDUBON PURPOSE: NATURE EDUCATION PROGRAMS & MAINTAINING TALLGRASS PRAIRIE HABITAT | $5,000 |
UNIVERSITY OF NEBRASKA FOUNDATION PURPOSE: FOUNDATION FUND & SCHOLARSHIPS | $50,000 |
LINCOLN PARKS FOUNDATION PURPOSE: WILDERNESS PARK PROJECT | $10,000 |
NEBRASKA PUBLIC MEDIA PURPOSE: GENERAL SUPPORT | $10,000 |