Robert W Woodruff Foundation Inc
- Assets
- $818.4m
- Revenue
- $103.0m
- Investments
- $755.1m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/1986
- Data as of
- 12/2022
- EIN
- 58-1695425
Organization Overview
Robert W Woodruff Foundation Inc is located in Atlanta, GA. The organization was established in 1986. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Robert W Woodruff 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 12/2022, Robert W Woodruff Foundation Inc generated $103.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $177.1m during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 4 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 2020, Robert W Woodruff Foundation Inc has awarded 138 individual grants totaling $815,957,772. 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 |
|---|---|---|---|
James B Williams Trustee- Chair Emeritus | 1 | $25,000 | |
E Jenner Wood III Trustee- Chair | 4 | $25,000 | |
Lawrence L Gellerstedt III Trustee | 1 | $25,000 | |
Thomas J Lawley Trustee | 2 | $35,000 | |
David P Stockert Trustee | 1 | $25,000 | |
P Russell Hardin President | 17 | $1,007,534 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
T Rowe Price Associates | 12/30/22 | $566,981 |
Gannett Welsh & Kotler Llc | 12/30/22 | $468,441 |
Truist | 12/30/22 | $321,047 |
Parametric | 12/30/22 | $191,713 |
Merganser | 12/30/22 | $177,464 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,458,089 |
| Dividends & Interest | $100,757,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,179,885 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $103,036,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,408,484 |
| Other employee salaries and wages | $417,719 |
| Pension plans, employee benefits | $278,734 |
| Interest | $0 |
| Taxes | $1,445,000 |
| Depreciation | $4,040 |
| Occupancy | $109,636 |
| Travel, conferences, and meetings | $37,640 |
| Printing and publications | $661 |
| Other expenses | $111,430 |
| Total operating and administrative expenses | $5,588,798 |
| Contributions, gifts, grants paid | $171,470,188 |
| Total expenses and disbursements | $177,058,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,818 |
| Savings and temporary cash investments | $41,649,213 |
| 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 | $21,372,294 |
| Other assets | $315,735 |
| Total assets | $818,440,192 |
| 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 | $1,675 |
| Total liabilities | $1,675 |
Grants Awarded
Over the last fiscal year, Robert W Woodruff Foundation Inc has awarded $233,775,188 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY INC PURPOSE: SUPPORT OF RESEARCH PARTNERSHIP WITH THE WINSHIP CANCER INSTITUTE. | $2,000,000 |
APF SUPPORT INC FBO ATLANTA POLICE FOUNDATION PURPOSE: $90 MILLION CAMPAIGN TO SUPPORT A COMPREHENSIVE PUBLIC SAFETY STRATEGY. | $6,000,000 |
ATLANTA BELTLINE PARTNERSHIP INC PURPOSE: COMPLETION OF THE 22-MILE TRAIL CORRIDOR LOOP ($75 MILLION) AND SUPPORT FOR THE LEGACY RESIDENT RETENTION PROGRAM ($2.5 MILLION) AND PARTNERSHIP OPERATIONS ($2.5 MILLION). | $13,000,025 |
ATLANTA EDUCATIONAL TELECOMMUNICATIONS COLLABORATIVE PURPOSE: $10 MILLION CAMPAIGN TO UPDATE TECHNOLOGY, EXPAND NEWSROOM, AND BUILD DIGITAL AUDIENCES. | $1,500,000 |
ATLANTA HUMANE SOCIETY & SOCIETY PREVENTION OF CRUELTY TO ANIMALS PURPOSE: $21.7 MILLION CAMPAIGN TO CONSTRUCT THE ATLANTA ANIMAL CARE CENTER. | $500,000 |
BOYS & GIRLS CLUBS OF AMERICA PURPOSE: SUPPORT FOR CLUBS IN GEORGIA AND METRO ATLANTA TO ADDRESS LEARNING LOSS RELATED TO THE COVID-19 PANDEMIC. | $2,000,000 |