Homa & Irene Wood Foundation is located in Tempe, AZ. The organization was established in 1997. 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. Homa & Irene Wood 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 05/2022, Homa & Irene Wood Foundation generated $648.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $731.9k during the year ending 05/2022. While expenses have increased by 4.0% 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 2021, Homa & Irene Wood Foundation has awarded 18 individual grants totaling $1,081,718. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey C Mcmullin Treasurer | 4 | $17,500 | |
Douglas K Cook Director | 4 | $17,500 | |
Lynette Peterson Director | 4 | $17,500 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3,644 |
Dividends & Interest | $249,642 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $394,840 |
Capital Gain Net Income | $394,840 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $215 |
Total Revenue | $648,341 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $52,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,242 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $44,413 |
Total operating and administrative expenses | $172,228 |
Contributions, gifts, grants paid | $559,658 |
Total expenses and disbursements | $731,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,251 |
Savings and temporary cash investments | $176,733 |
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 | $469,643 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,972,686 |
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, Homa & Irene Wood Foundation has awarded $559,658 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $317,508 |
UNIVERSITY OF ARIZONA PURPOSE: SCHOLARSHIPS | $77,000 |
NORTHERN ARIZONA UNIVERSITY PURPOSE: SCHOLARSHIPS | $76,000 |
STUDENT SUPPORT PURPOSE: STUDENT SUPPORT - COMPUTERS AND BOOKS | $35,900 |
Phoenix, AZ PURPOSE: SCHOLARSHIPS | $18,750 |
Provo, UT PURPOSE: SCHOLARHIPS | $11,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |