The Ward Foundation
- Assets
- $3.9m
- Revenue
- $524.0k
- Investments
- $3.7m
- Employees
- 0
- Location
- Hilton Head, SC
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 58-6440277
Organization Overview
The Ward Foundation is located in Hilton Head, SC. The organization was established in 2001. 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. Ward 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, Ward Foundation generated $524.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.1% each year . All expenses for the organization totaled $230.1k during the year ending 12/2021. While expenses have increased by 2.1% 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, Ward Foundation has awarded 61 individual grants totaling $523,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,444 |
| Interest on Savings | $0 |
| Dividends & Interest | $115,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $376,174 |
| Capital Gain Net Income | $376,174 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $523,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,500 |
| Total operating and administrative expenses | $47,123 |
| Contributions, gifts, grants paid | $183,000 |
| Total expenses and disbursements | $230,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $219,503 |
| 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 | $0 |
| Other assets | $7,034 |
| Total assets | $3,938,692 |
| 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, The Ward Foundation has awarded $181,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: CHILD LIFE SPECIALIST PROGRAM | $40,000 |
Hilton Head Island, SC PURPOSE: COVID NAVIGATOR TO EXPEDITE VACCINE FOR LOW INCOME | $25,000 |
KIPP METRO ATLANTA PURPOSE: KIPP FORWARD | $20,000 |
CHILDREN'S CENTER OF HILTON HEAD (THE) PURPOSE: SUMMER FUN & DEVELOPMENT READINESS | $10,000 |
BOYS & GIRLS CLUBS OF THE LOWCOUNTRY PURPOSE: DISTANCE LEARNIONG ASSISTANCE PROGRAM | $10,000 |
BRENNER CHILDRENS HOSPITAL WAKE FOREST BAPTIST MEDICAL CENTER PURPOSE: WARD ENDOWMENT FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |
Berry Charitable Foundation Greensboro, NC | $66,443,887 | $19,441,279 |
Richmond Community Foundation Inc Charlotte, NC | $38,277,506 | $4,248,751 |
Thalia N And Chris M Carlos Foundation Inc Atlanta, GA | $8,590,339 | $1,064,458 |
Weaver Foundation Inc Greensboro, NC | $30,406,218 | $3,650,390 |
Ally Charitable Foundation Charlotte, NC | $31,020,480 | $35,342,279 |