Frank Leon Woodard Scholarship Fund

Private foundation · Grantmaker Orlando, FL EIN: 27-6966702

Frank Leon Woodard Scholarship Fund is a private foundation focused on Education, based in Orlando, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $844K in total assets. In 2025, it awarded 1 grant totaling $41K. Net investment income was $70K.

Frank Leon Woodard Scholarship Fund at a glance

In short: Frank Leon Woodard Scholarship Fund gave $41K across 1 grant in 2025 (avg $41K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$40,939
+24.8% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$40,939
+24.8% vs 2024
Median grant
$40,939
Total assets
$844,437
+2.5% vs 2024
Primary geography
Florida (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Frank Leon Woodard Scholarship Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Bethune-Cookman University: $41KBethune-Cookman University$41K

The largest 2025 recipient was Bethune-Cookman University ($41K).

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Daytona Beach

How Frank Leon Woodard Scholarship Fund gives

  • Giving held roughly steady from 2022 to 2025 (+3%). Method
  • In 2025 it paid out 99% 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

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $33K (2024) to $68K (2021). In 2025 it made 1 grant totaling $41K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bethune-Cookman University Daytona Beach, FLScholarships$40,939
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$844,437$75,843$55,046$40,9391$48,068$69,924$48,789
2024$823,763$58,935$43,331$32,8071$38,742$54,205$46,874
2023$807,910$-22,265$53,085$34,3641$44,499$12,516$42,942
2022$883,176$42,651$60,615$39,9371$50,584$33,996$45,011
2021$898,857$157,933$91,118$68,3841$80,202$148,230$51,755
2020$833,864$69,342$52,469$33,2821—$61,104$78,879

Under IRS private-foundation payout rules, Frank Leon Woodard Scholarship Fund reported a distributable amount of $49K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Frank Leon Woodard Scholarship Fund's only listed officer is Truist Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2021

    1 hr/week

    $19K (2021) → $11K (2025)

Former officers (1)
  • Former: Truist Bank FKA Suntrust Bank (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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

Truist Bank — Trustee: $11KTruist BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).

Frequently asked questions about Frank Leon Woodard Scholarship Fund

How much does Frank Leon Woodard Scholarship Fund give each year?

Frank Leon Woodard Scholarship Fund gave $41K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 1 grant.

How large is Frank Leon Woodard Scholarship Fund?

Frank Leon Woodard Scholarship Fund reported $844K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $49K (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 is Frank Leon Woodard Scholarship Fund?

Frank Leon Woodard Scholarship Fund is a private foundation focused on Education, based in Orlando, FL. It holds $844K in total assets as of 2025.

Where does Frank Leon Woodard Scholarship Fund operate?

Frank Leon Woodard Scholarship Fund has awarded grants in Florida.

What is Frank Leon Woodard Scholarship Fund's EIN?

Frank Leon Woodard Scholarship Fund's EIN (Employer Identification Number) is 27-6966702. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Frank Leon Woodard 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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