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Charles R Wood Foundation

Foundation · Grantmaker Wilmington, DE EIN: 22-2237193 Website

The Charles R Wood Foundation is a private family foundation established in 1978 by Charles R. Wood, founder of Storytown, USA (now Great Escape Theme Park) and co-founder of Double H Hole in the Woods Camp. The foundation is headquartered in Wilmington, Delaware, and supports not-for-profit organizations with an emphasis on programs for children, healthcare, and the arts.

Key facts about Charles R Wood Foundation

EIN
22-2237193
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,968,105
Grants made (2024)
83
Average grant
$23,712
Median grant
$5,000
New grantees (estimate)
31% first-time grantees (25 of 81, 2024)
Total assets
$45,739,061
Primary geography
New York (94% of itemized 2024 grant dollars)
Deadline
March 1, 2025 for spring trustee consideration

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Charles R Wood Foundation funds

By grant dollars, the top recipient states for Charles R Wood Foundation's 83 itemized 2024 grants were New York (94%) and Tennessee (6%). The most frequent recipient cities were Glens Falls, NY (10 grants), Saranac Lake, NY (4 grants), Queensbury, NY (4 grants) and Lake George, NY (4 grants). None of its 83 grants with a stated purpose were described as general or operating support.

Is Charles R Wood Foundation open to new grantees?

31%

first-time grantees, 2024

In 2024, 25 of 81 grantees (31%) were first-time recipients. First grants averaged $9K; repeat grants $31K. How we count

Medians: $5K first-time, $7K repeat.

  • 47% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Charles R Wood Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$45.7M

+6.9% YoY

Annual Giving

$2.0M

-10.4% YoY

Grant Count

83

-4.6% YoY

Avg Grant Size

$24K

-6.1% YoY

Under IRS private-foundation payout rules, Charles R Wood Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: To support not-for-profit organizations in the Lake George Region with an emphasis on programs for children, healthcare and the arts.

The foundation was established to provide assistance to areas of special need in the Lake George Region and surrounding areas. The three primary focus areas are:

Children: The foundation prioritizes programs that enhance the quality of life for children and their families, including initiatives addressing child hunger, healthcare access, family strengthening, and support for children with medical conditions. The Double H Hole in the Woods Ranch, a residential medically supervised children's camp for children with serious medical conditions, represents a cornerstone of the foundation's children's focus and has received over $10 million in funding since 1993.

Healthcare: The foundation funds local healthcare initiatives and projects aimed at promoting improved access and care in the region. A Special Healthcare initiative focuses on collaborative applications from organizations serving Clinton, Essex, Franklin, Fulton, Hamilton, Montgomery, Warren, and Washington counties.

Arts: The foundation supports arts initiatives and organizations in the North Country, reflecting Charles Wood's personal passion for fine art collecting.

Grantmaking

The foundation accepts grant applications from IRS-approved 501(c)(3) organizations whose projects or programs assist children, healthcare, or the arts in the Lake George Region and surrounding areas.

Review Cycle

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Geographic Focus

Where this funder awards grants

The foundation's primary focus is the Lake George Region and surrounding areas. The Special Healthcare initiative specifically targets Clinton, Essex, Franklin, Fulton, Hamilton, Montgomery, Warren, and Washington counties. The foundation supports organizations across 17+ counties in the Capital Region, North Country, and western Vermont.

Grant Distribution by State

7states

Share of all 83 itemized 2024 grant dollars.

Cities

Glens FallsAlbanySaranac LakeQueensburyTiconderogaSaratoga SpgsPlattsburghSaratoga SpringsLake LuzerneLake PlacidLake GeorgeRutlandBenningtonLathamBallston SpaGranvilleSalemElizabethtownNorth CreekPeru

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $45,739,061
  • Total Revenues: $5,477,409
  • Total Expenses: $2,512,870
  • Number of Employees: 0

Historical Giving:

  • Total Financial Contributions: $25,100,000 (cumulative)
  • Over the past five years: $10.3 million awarded
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$45,739,061$42,774,522$38,990,469
Revenue$5,477,409$6,443,868$1,149,308
Expenses$2,512,870$2,659,815$2,778,894
Qualifying Distributions$2,083,000$2,318,949$2,462,221
Net Investment Income$5,266,998$6,372,638$704,419
Distributable Amount$2,451,380$2,143,897$2,256,901

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$583K$1M$2M$2M97 grants202087 grants202183 grants202287 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Albany Med Health System: $500KAlbany Med Health System$500KFamily YMCA of the Glens Falls Area: $155K across 2 grantsFamily YMCA of the Glens FallsArea$155K · 2 grantsThe Hyde Collection Trust: $150KThe Hyde Collection Trust$150KRegional Food Bank of N E NY Inc: $146KRegional Food Bank of N E NYInc$146KDollywood Foundation: $110KDollywood Foundation$110KDouble H - Hole in the Woods Ranch Inc: $100KDouble H - Hole in the WoodsRanch Inc$100KCVPH Foundation Inc: $50KCVPH Foundation Inc$50KLake Placid Association for Music Drama & Art Inc: $50KLake Placid Association forMusic Drama & Art Inc$50KPendragon Inc: $50KPendragon Inc$50KAdirondack Medical Center Foundation: $40KAdirondack Medical CenterFoundation$40K

Grant Size Distribution

437 grants across all recorded years

376<$50K25$50–100K31$100–250K3$250–500K2$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Charles R Wood Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Albany Med Health System ($500,000), Family YMCA of the Glens Falls Area ($155,000 across 2 grants), The Hyde Collection Trust ($150,000).

RecipientPurposeAmount
ALBANY MED HEALTH SYSTEM Glens Falls, NYSheridan Emergency Department Renovation and Expansion$500,000
FAMILY YMCA OF THE GLENS FALLS AREA Glens Falls, NYCapital Project: Building A Better Future for the$150,000
THE HYDE COLLECTION TRUST Glens Falls, NYThe Hyde Center for Arts Education - Hoopes House$150,000
REGIONAL FOOD BANK OF N E NY INC Latham, NYTo support specified Adopt-a-Program funds$145,600
DOLLYWOOD FOUNDATION Sevierville, TNImagination Library Program in the New York counties of Essex, Clinton, Franklin and Hamilton$110,000
DOUBLE H - HOLE IN THE WOODS RANCH INC Lake Luzerne, NYCapital Campaign-Ray-Max Camp-a-Theater$100,000
CVPH FOUNDATION INC Plattsburgh, NYCVPH Cardiac & Pulmonary Rehabilitation$50,000
LAKE PLACID ASSOCIATION FOR MUSIC DRAMA & ART INC Lake Placid, NYRenovation of the Lake Placid Center for the Arts' Education Space$50,000
PENDRAGON INC Saranac Lake, NYRelocation of Pendragon Theatre$50,000
ADIRONDACK MEDICAL CENTER FOUNDATION Saranac Lake, NYCornerstone Campaign$40,000

Leadership & Key People

Leadership team and compensation from IRS filings

Charlene Wood - Chair and Trustee

Trustees: Dean J Beckos, Michael Della Bella, Mark Frost

A Board of Trustees oversees the foundation with the goal of preserving the mission established by Charles R. Wood.

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Mark BehanTrustee1—
Tenee CasaccioTrustee1—
Reeves CourtneyTrustee1—
Chelsea Hoopes SilverTrustee, VP1—
David HowsonTrustee1—
Jennifer LefnerTrustee1—
Barbara W WagesPres, Trustee1—
C Braden WagesTrustee, Treas1—
Page WagesTrustee, Sec1—
Heather WardTrustee1—
Charlene WoodTrustee1—

Recent News & Activity

Recent developments and announcements

2025

The foundation announced 2025 grant application deadlines in February 2026. According to Charlene Wood, Chair and Trustee: "We are so pleased to be able to support so many worthwhile projects. From small community soup kitchens to the larger capital projects, we are committed to investing in children, healthcare and the arts in our geographical focus area."

Charles R. Wood Foundation announces grant application deadlines | News |

The foundation continues to accept collaborative healthcare applications and remains committed to funding capital projects and ongoing program support across its three focus areas.

Woods Family Music & Arts Grant Awards $67,400 to Support Creative Programs

Frequently Asked Questions

What does Charles R Wood Foundation fund?

**Mission Statement:** To support not-for-profit organizations in the Lake George Region with an emphasis on programs for children, healthcare and the arts. The foundation was established to provide assistance to areas of special need in the Lake George Region and surrounding areas. The three primary focus areas are: **Children:** The foundation prioritizes programs that enhance the quality of life for children and their families, including initiatives addressing child hunger, healthcare access…

How do I apply for a grant from Charles R Wood Foundation?

The foundation accepts grant applications from IRS-approved 501(c)(3) organizations whose projects or programs assist children, healthcare, or the arts in the Lake George Region and surrounding areas. **Application Deadlines:** • March 1, 2025 for spring trustee consideration • September 1, 2025 for fall trustee consideration Applications are submitted online. **Recent Grant Activity:** • Over the past five years, the foundation has awarded over $10.3 million to charitable organizations • In 20…

Where does Charles R Wood Foundation make grants?

The foundation's primary focus is the Lake George Region and surrounding areas. The Special Healthcare initiative specifically targets Clinton, Essex, Franklin, Fulton, Hamilton, Montgomery, Warren, and Washington counties. The foundation supports organizations across 17+ counties in the Capital Region, North Country, and western Vermont.

What size grants does Charles R Wood Foundation award?

In 2024, Charles R Wood Foundation awarded 83 grants totaling $2.0M — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Charles R Wood Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles R Wood Foundation reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles R Wood Foundation's EIN?

Charles R Wood Foundation's EIN (Employer Identification Number) is 22-2237193. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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