J A Woollam Foundation
- Assets
- $27.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 11/2001
- Data as of
- 12/2021
- 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 12/2021, J A Woollam Foundation generated $1.7m 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 (17.1%) each year. All expenses for the organization totaled $931.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) 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 146 individual grants totaling $8,226,671. 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
ACQUISITION OF SEVEN LAKES, DEADMAN WESTSIDE, PROPERTY LOCATED ON MICHIGAN'S UPPER PENINSULA FOR THE PURPOSE OF RESTORATION AND CONSERVATION.
ACQUISITION OF SEVEN LAKES, DEADMAN, 10 ACRE PROPERTY LOCATED ON MICHIGAN'S UPPER PENINSULA FOR THE PURPOSE OF RESTORATION AND CONSERVATION.
ACQUISITION OF ADDITIONAL 14 ACRES ON THE MICHI-LU-CA PRESERVE IN SOUTHEAST MICHIGAN FOR THE PURPOSE OF RESTORATION AND CONSERVATION.
PURCHASE OF TREES FOR THE SEVEN LAKES PROPERTIES FOR LAND PRESERVATION AND RESTORATION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,650,000 |
| Interest on Savings | $84 |
| 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 | $1,650,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,610 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62,967 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,844 |
| Printing and publications | $0 |
| Other expenses | $477,015 |
| Total operating and administrative expenses | $863,425 |
| Contributions, gifts, grants paid | $67,568 |
| Total expenses and disbursements | $930,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $715,441 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $5,000 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $19,799,640 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,050,000 |
| Total assets | $27,570,081 |
| Accounts payable and accrued expenses | $564 |
| 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 | $564 |
Grants Awarded
Over the last fiscal year, J A Woollam Foundation has awarded $67,568 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, NE PURPOSE: SCHOLARSHIP FUND | $24,000 |
Gaylord, MI PURPOSE: GENERAL SUPPORT - PRESERVATION OF FORESTS, FARMS, WATER IN NORTHEAST MICHIGAN | $16,568 |
NEBRASKA LAND TRUST PURPOSE: OUTREACH & LAND PROTECTION | $15,000 |
SPRING CREEK PRAIRIE AUDUBON PURPOSE: NATURE EDUCATION PROGRAMS & MAINTAINING TALLGRASS PRAIRIE HABITAT | $10,000 |
Hickman, NE PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |