Ward Foundation Inc
- Assets
- $9.8m
- Revenue
- $235.4k
- Investments
- $9.7m
- Employees
- 0
- Location
- Gretna, LA
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-2945207
Organization Overview
Ward Foundation Inc is located in Gretna, LA. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 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, Ward Foundation Inc generated $235.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.5%) each year. All expenses for the organization totaled $605.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ward Foundation Inc has awarded 70 individual grants totaling $1,849,224. 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 |
|---|---|---|---|
Albert James Ward Jr Director - President | 3 | $0 | |
Christopher Van Dervort Director - Secretary | 10 | $33,300 | |
Elizabeth Heebe-Russo Director - Treasurer | 1 | $0 | |
Travis Ning Director | 3 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| 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 | $235,403 |
| Total Revenue | $235,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,502 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,884 |
| Printing and publications | $0 |
| Other expenses | $967 |
| Total operating and administrative expenses | $55,653 |
| Contributions, gifts, grants paid | $549,760 |
| Total expenses and disbursements | $605,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,010 |
| Savings and temporary cash investments | $0 |
| 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 | $9,670,546 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,840,556 |
| 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, Ward Foundation Inc has awarded $549,760 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
MD ANDERSON CANCER CENTER PURPOSE: UNRESTRICTED | $50,000 |
NU ALPHA LAMBDA EDUCATIONAL AND CHARITABLE FOUNDATION PURPOSE: UNRESRICTED | $20,000 |
SHES'S THE FIRST PURPOSE: UNRESTRICTED | $20,000 |
UNITED STATES HOLOCAUST MEMORIAL MUSEUM PURPOSE: UNRESTRICTED | $2,000 |
WINGS GUATEMALA PURPOSE: UNRESTRICTED | $30,000 |
WOMEN'S JUSTICE INITIATIVE PURPOSE: UNRESTRICTED | $30,000 |