Cornelius a & Muriel P Wood Tua

DALLAS, TX EIN: 04-6010266

Education Community and economic development Housing development Human services

Cornelius a & Muriel P Wood Tua is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $83K. Net investment income was $121K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+1.8% YoY

Annual Giving

$83K

-0.6% YoY

Grant Count

-28.6% YoY

Avg Grant Size

$17K

+39.2% YoY

Under IRS private-foundation payout rules, Cornelius a & Muriel P Wood Tua reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.

About Cornelius a & Muriel P Wood Tua

Based on IRS filings

Focus Areas

Education Community and economic development Housing development Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $422K (100%)

States

Massachusetts

Cities

AndoverBostonDanversLawrenceLowellMetheun

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,598,031	$1,569,167	$1,640,808
Revenue	$140,415	$42,621	$50,310
Expenses	$114,232	$110,920	$127,396
Qualifying Distributions	$94,877	$94,016	$105,411
Net Investment Income	$121,288	$24,476	$32,435
Distributable Amount	$103,637	$93,050	$94,583

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Esperanza Academy Inc ($40,000), Lawrence Boys Club & Girls Club Inc ($20,000), Essex County Community Foundation ($15,000).

Recipient	Purpose	Amount
LAWRENCE BOYS CLUB & GIRLS CLUB INC LAWRENCE, MA	UNRESTRICTED GENERAL	$20,000
LAZARUS HOUSE INC LAWRENCE, MA	UNRESTRICTED GENERAL	$2,500
ESSEX COUNTY COMMUNITY FOUNDATION DANVERS, MA	UNRESTRICTED GENERAL	$15,000
HABITAT FOR HUMANITY LAWRENCE, MA	UNRESTRICTED GENERAL	$5,000
ESPERANZA ACADEMY INC LAWRENCE, MA	UNRESTRICTED GENERAL	$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$29,605

Subject Areas

Focus areas based on grantmaking activity

Education Community and economic development Housing development Human services

Frequently Asked Questions

What is Cornelius a & Muriel P Wood Tua?

Cornelius a & Muriel P Wood Tua is a private foundation focused on Education, based in DALLAS, TX. It holds $1.6M in total assets as of 2024.

How large is Cornelius a & Muriel P Wood Tua?

As of 2024, Cornelius a & Muriel P Wood Tua holds $1.6M in total assets with $140K in annual revenue. It awarded 5 grants totaling $83K in 2024.

Where does Cornelius a & Muriel P Wood Tua operate?

Cornelius a & Muriel P Wood Tua has awarded grants in Massachusetts.

What size grants does Cornelius a & Muriel P Wood Tua award?

In 2024, Cornelius a & Muriel P Wood Tua awarded 5 grants totaling $83K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Cornelius a & Muriel P Wood Tua required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cornelius a & Muriel P Wood Tua reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cornelius a & Muriel P Wood Tua's EIN?

Cornelius a & Muriel P Wood Tua's EIN (Employer Identification Number) is 04-6010266. IRS Form 990 filing data is available on this page for 2020–2024.