George and Beth Wood Foundation

SANTA BARBARA, CA EIN: 84-1408199

George and Beth Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $80K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+14.6% YoY

Annual Giving

$80K

+19.9% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$7K

+29.9% YoY

Under IRS private-foundation payout rules, George and Beth Wood Foundation reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.

About George and Beth Wood Foundation

Based on IRS filings

George and Beth Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $80K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

FairfieldMontecitoOaklandSanta BarbaraSanta RosaSimi ValleySummerland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$535K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,497,268$1,305,954$1,255,083
Revenue$1,946,715$120,749$19,822
Expenses$108,645$70,169$96,453
Qualifying Distributions$87,602$68,812$68,669
Net Investment Income$17,367$120,598$11,468
Distributable Amount$107,778$60,937$66,381

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20201 grants20215 grants202213 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MUSIC ACADEMY OF THE WEST$15KCANINE COMPANIONS FOR IN…$10KUC REGENTS$10KWESTMONT COLLEGE$7KCOMMUNITY ARTS MUSIC ASS…$5KRONALD REAGAN PRESIDENTI…$5KSANTA BARBARA RESCUE MIS…$5KTHE GRANADA THEATRE$5KFRIENDSHIP CENTER$5KSANTA BARBARA MUSEUM OF …$5K

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Music Academy of the West ($15,000), Canine Companions for Independence Inc ($10,000), Uc Regents ($10,000).

RecipientPurposeAmount
CANINE COMPANIONS FOR INDEPENDENCE INC SANTA ROSA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$10,000
COMMUNITY ARTS MUSIC ASSOCIATION SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000
MONTECITO COMMUNITY FOUNDATION SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$3,000
RONALD REAGAN PRESIDENTIAL FOUNDATION & INSTITUTE SIMI VALLEY, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000
SANTA BARBARA RESCUE MISSION SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000
THE GRANADA THEATRE SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000
UC REGENTS OAKLAND, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$10,000
FRIENDSHIP CENTER MONTECITO, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000
MUSIC ACADEMY OF THE WEST SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$15,000
SANTA BARBARA MUSEUM OF ART SANTA BARBARA, CAIN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GEORGE WOODCO-PRESIDENT1
BETH WOODCO-PRESIDENT1
LEE W SKIP DINES JRVICE-PRESIDENT1
MARY ELISBERGSECRETARY & TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is George and Beth Wood Foundation?

George and Beth Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $1.5M in total assets as of 2024.

How large is George and Beth Wood Foundation?

As of 2024, George and Beth Wood Foundation holds $1.5M in total assets with $1.9M in annual revenue. It awarded 12 grants totaling $80K in 2024.

Where does George and Beth Wood Foundation operate?

George and Beth Wood Foundation has awarded grants in California, New Jersey.

What size grants does George and Beth Wood Foundation award?

In 2024, George and Beth Wood Foundation awarded 12 grants totaling $80K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is George and Beth Wood Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George and Beth Wood Foundation reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George and Beth Wood Foundation's EIN?

George and Beth Wood Foundation's EIN (Employer Identification Number) is 84-1408199. IRS Form 990 filing data is available on this page for 2020–2024.

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

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