Woodford Foundation For Limited Government is located in Colorado Springs, CO. The organization was established in 1995. 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. Woodford Foundation For Limited Government 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, Woodford Foundation For Limited Government generated $404.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $438.4k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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 2015, Woodford Foundation For Limited Government has awarded 471 individual grants totaling $2,773,850. 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
THE WOODFORD FOUNDATION MAKES GRANTS TO COLORADO AND NATIONAL NON PROFITS WHOSE PURPOSE IS TO PROMOTE INDIVIDUAL FREEDOM AND ECONOMIC LITERACY
THE WOODFORD FOUNDATION HOLDS PERIODIC COMMUNITY EDUCATIONAL EVENTS TO PROMOTE INDIVIDUAL FREEDOM AND ECONOMIC LITERACY AND CONDUCTS RESEARCH RELATED TO THE SAME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph C Woodford Trustee | 10 | $0 | |
Linda M Woodford Trustee | 1 | $0 | |
Daniel J Woodford Trustee | 0.5 | $0 | |
Stephen D Woodford Trustee | 1 | $0 | |
John M Woodford Trustee | 0.5 | $0 | |
Kristin Woodford Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $404,100 |
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 | $0 |
Total Revenue | $404,100 |
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 | $28,311 |
Total operating and administrative expenses | $29,311 |
Contributions, gifts, grants paid | $409,100 |
Total expenses and disbursements | $438,411 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,995 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $14,995 |
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 |
Over the last fiscal year, Woodford Foundation For Limited Government has awarded $409,100 in support to 59 organizations.
Grant Recipient | Amount |
---|---|
ACTON INSTITUTE PURPOSE: GENERAL PURPOSE | $10,000 |
CATO INSTITUE PURPOSE: GENERAL PURPOSE | $5,000 |
CAPITAL RESEARCH CENTER PURPOSE: GENERAL PURPOSE | $1,000 |
FOUNDATION OF INDIVIDUAL RIGHTS IN EDUCATION PURPOSE: GENERAL PURPOSE | $5,000 |
HERITAGE FOUNDATION PURPOSE: GENERAL PURPOSE | $500 |
INDEPENDENCE INSTITUTE PURPOSE: GENERAL PURPOSE | $10,000 |