Frank Leon Woodard Scholarship Fund

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 2024. As of 2024, the organization holds $824K in total assets. In 2024, it awarded 1 grants totaling $33K. Net investment income was $54K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$824K

+2.0% YoY

Annual Giving

$33K

-4.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$33K

-4.5% YoY

Under IRS private-foundation payout rules, Frank Leon Woodard Scholarship Fund reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About Frank Leon Woodard Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $209K (100%)

States

Florida

Cities

Daytona Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$823,763	$807,910	$883,176
Revenue	$58,935	$-22,265	$42,651
Expenses	$43,331	$53,085	$60,615
Qualifying Distributions	$38,742	$44,499	$50,584
Net Investment Income	$54,205	$12,516	$33,996
Distributable Amount	$46,874	$42,942	$45,011

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bethune-cookman University ($32,807).

Recipient	Purpose	Amount
BETHUNE-COOKMAN UNIVERSITY DAYTONA BEACH, FL	SCHOLARSHIPS	$32,807

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	1	$8,870

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

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 $824K in total assets as of 2024.

How large is Frank Leon Woodard Scholarship Fund?

As of 2024, Frank Leon Woodard Scholarship Fund holds $824K in total assets with $59K in annual revenue. It awarded 1 grants totaling $33K in 2024.

Where does Frank Leon Woodard Scholarship Fund operate?

Frank Leon Woodard Scholarship Fund has awarded grants in Florida.

What size grants does Frank Leon Woodard Scholarship Fund award?

In 2024, Frank Leon Woodard Scholarship Fund awarded 1 grants totaling $33K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Frank Leon Woodard Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank Leon Woodard Scholarship Fund reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.