Alice L R Wood Scholarship Fund
The Alice L R Wood Scholarship Fund is a private foundation based in Pittsburgh, Pennsylvania, that makes scholarship grants to individual recipients. Its filing lists eligibility restrictions tied to four Ohio high schools.
Alice L R Wood Scholarship Fund at a glance
In short: Alice L R Wood Scholarship Fund gave $83K across 35 grants in 2025 (avg $2K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $83,222
- +1.8% vs 2024
- Grants made (2025)
- 35
- +9.4% vs 2024
- Average grant
- $2,378
- -7.0% vs 2024
- Median grant
- $1,387
- Total assets
- $1,817,472
- +7.4% vs 2024
- Primary geography
- Ohio (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Alice L R Wood Scholarship Fund
- How to Apply
-
The filing says the fund does not restrict giving to preselected organizations. Students should see the scholarship committee at their respective high schools for forms and materials. Awards are restricted to students at Jonathan Alder High School, West Jefferson High School, London High School, or Madison Plains High School.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Scholarship Comittee
Mailing address: One Scholarship Way, Saint Peter, MN 56082
Phone: (507) 931-1682
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Alice L R Wood Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Massachusetts Institute of Technology ($1K). Together the top 2 received $3K.
Organizations only. It also paid 33 individual scholarships ($80,448), which are not listed by name.
Grant Size Distribution
174 grants across all recorded years
The most common grant size was under $50K: 174 grants of 174 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grants went to recipients in Ohio (84% of grant dollars), New York (13%), Massachusetts (2%), and Colorado (2%). The filing’s award restrictions name four Ohio high schools.
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
States
Cities
How Alice L R Wood Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $79K (2020) to $94K (2022). In 2025 it made 35 grants totaling $83K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 33 individual scholarships Recipients not named | — | $80,448 |
| Massachusetts Institute of Technology Cambridge, MA | Scholarship | $1,387 |
| United States Air Force Academy FBO Anna Air Force Academy, CO | Scholarship | $1,387 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,817,472 | $235,623 | $109,822 | $83,222 | 35 | $95,262 | $221,918 | $105,735 |
| 2024 | $1,692,026 | $66,556 | $114,642 | $81,783 | 32 | $101,346 | $53,414 | $102,784 |
| 2023 | $1,740,422 | $55,226 | $114,833 | $84,102 | 32 | $103,985 | $43,813 | $101,660 |
| 2022 | $1,792,285 | $69,131 | $121,336 | $93,699 | 36 | $108,629 | $57,663 | $99,034 |
| 2021 | $1,844,318 | $96,234 | $112,326 | $81,266 | 39 | $100,407 | $84,380 | $112,848 |
| 2020 | $1,861,830 | $43,753 | $104,467 | $79,455 | 39 | — | $38,782 | $95,392 |
| 2019 | $1,923,155 | $72,428 | $112,780 | $87,901 | 21 | — | $61,309 | $95,765 |
Under IRS private-foundation payout rules, Alice L R Wood Scholarship Fund reported a distributable amount of $106K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The fund’s filings identify scholarships as the purpose of its listed grants. Among its 2025 recipients was the Massachusetts Institute of Technology, which describes its mission as advancing knowledge and educating students in science, technology, and other areas of scholarship to serve the nation and the world.
Grantmaking
In filing year 2025, the fund awarded 35 grants totaling $83,222. Grant amounts ranged from $346 to $8,000, with a median of $1,387. The largest listed awards were $8,000 and $6,645 to individual recipients in Ohio, and $6,000 and $4,500 to individual recipients in New York. MIT received $1,387.
Leadership & Key People
Leadership team and compensation from IRS filings
PNC Bank N.A. is listed as trustee on the 2025 filing.
Alice L R Wood Scholarship Fund's only listed officer is PNC Bank N A, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
On filings since 2019
1 hr/week
$18K (2019) → $21K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $21K, to PNC Bank N a (Trustee).
Frequently asked questions about Alice L R Wood Scholarship Fund
How much does Alice L R Wood Scholarship Fund give each year?
Alice L R Wood Scholarship Fund gave $83K across 35 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $82K across 32 grants.
What is Alice L R Wood Scholarship Fund's typical grant size?
Alice L R Wood Scholarship Fund's median grant in 2025 was $1,387, and its average grant was $2,378, across 35 grants on its 2025 IRS Form 990-PF.
Where does Alice L R Wood Scholarship Fund give grants?
Alice L R Wood Scholarship Fund gives mostly in Ohio: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (13%).
Does Alice L R Wood Scholarship Fund give general operating support?
Not in 2025: none of the 35 grants with a stated purpose on Alice L R Wood Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (35 grants).
How large is Alice L R Wood Scholarship Fund?
Alice L R Wood Scholarship Fund reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $95K in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Alice L R Wood Scholarship Fund fund?
The fund’s filings identify scholarships as the purpose of its listed grants. See mission & focus areas ↑
How do I apply for a grant from Alice L R Wood Scholarship Fund?
The filing says the fund does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Alice L R Wood Scholarship Fund's EIN?
Alice L R Wood Scholarship Fund's EIN (Employer Identification Number) is 31-6395426. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Alice L R Wood Scholarship Fund funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/alice-l-r-wood-scholarship-fund-morg_11e4824fa42849d5bc90cec7ca0697b6
BibTeX
@misc{grantable_316395426_2026,
author = {{Grantable}},
title = {{Alice L R Wood Scholarship Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/alice-l-r-wood-scholarship-fund-morg_11e4824fa42849d5bc90cec7ca0697b6},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Alice L R Wood Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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