Homa & Irene Wood Foundation
Homa & Irene Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.9M in total assets. In 2025, it awarded 10 grants totaling $620K. Net investment income was $333K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.9M
-4.1% YoY
Annual Giving
$620K
-2.5% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$62K
+17.0% YoY
Under IRS private-foundation payout rules, Homa & Irene Wood Foundation reported a distributable amount of $591K for 2025 — the minimum it must pay out in qualifying distributions.
About Homa & Irene Wood Foundation
Based on IRS filings
Homa & Irene Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.9M in total assets. In 2025, it awarded 10 grants totaling $620K. Net investment income was $333K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,909,404 | $8,248,814 | $8,488,613 |
| Revenue | $472,063 | $508,588 | $302,588 |
| Expenses | $811,402 | $749,138 | $786,661 |
| Qualifying Distributions | $619,955 | $635,922 | $573,093 |
| Net Investment Income | $333,116 | $426,872 | $131,020 |
| Distributable Amount | $590,930 | $556,814 | $545,779 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Arizona State University ($307,000), Northern Arizona University ($148,000), University of Arizona ($62,250).
| Recipient | Purpose | Amount |
|---|---|---|
| ARIZONA STATE UNIVERSITY TEMPE, AZ | SCHOLARSHIPS | $307,000 |
| BRIGHAM YOUNG UNIVERSITY PROVO, UT | SCHOLARSHIPS | $18,000 |
| BRIGHAM YOUNG UNIVERSITY - IDAHO REXBURG, ID | SCHOLARSHIPS | $6,000 |
| GRAND CANYON UNIVERSITY PHOENIX, AZ | SCHOLARSHIPS | $27,000 |
| NORTHERN ARIZONA UNIVERSITY FLAGSTAFF, AZ | SCHOLARSHIPS | $148,000 |
| UNIVERSITY OF ARIZONA TUCSON, AZ | SCHOLARSHIP | $62,250 |
| STUDENT SUPPORT TEMPE, AZ | STUDENT SUPPORT - COMPUTERS AND BOOKS | $41,205 |
| MESA COMMUNITY COLLEGE MESA, AZ | SCHOLARSHIPS | $3,000 |
| GONZAGA UNIVERSITY SPOKANE, WA | SCHOLARSHIPS | $2,500 |
| CHANDLER GILBERT COMMUNITY COLLEGE CHANDLER, AZ | SCHOLARSHIPS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS K COOK | DIRECTOR | 4 | $14,000 |
| JEFFREY C MCMULLIN | TREASURER | 4 | $14,000 |
| LYNETTE PETERSON | DIRECTOR | 4 | $14,000 |
| DENISE AREND | DIRECTOR | 4 | $10,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Homa & Irene Wood Foundation?
Homa & Irene Wood Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. It holds $7.9M in total assets as of 2025.
How large is Homa & Irene Wood Foundation?
As of 2025, Homa & Irene Wood Foundation holds $7.9M in total assets with $472K in annual revenue. It awarded 10 grants totaling $620K in 2025.
Where does Homa & Irene Wood Foundation operate?
Homa & Irene Wood Foundation has awarded grants in Arizona, Idaho, Missouri, Utah, Washington.
What size grants does Homa & Irene Wood Foundation award?
In 2025, Homa & Irene Wood Foundation awarded 10 grants totaling $620K — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is Homa & Irene Wood Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Homa & Irene Wood Foundation reported a distributable amount of $591K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homa & Irene Wood Foundation's EIN?
Homa & Irene Wood Foundation's EIN (Employer Identification Number) is 86-0788519. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Homa & Irene Wood Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.