Margaret C Woodson Foundation Inc
The Margaret C Woodson Foundation Inc is a private foundation based in Charlotte, North Carolina. Incorporated in 1954, it has been tax-exempt since December 1974. The foundation operates as a 501(c)(3) charitable organization with a focus on supporting education, human services, and related initiatives across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$380K
-39.4% YoY
Annual Giving
$1.0M
-6.6% YoY
Grant Count
72
+7.5% YoY
Avg Grant Size
$14K
-13.1% YoY
Under IRS private-foundation payout rules, Margaret C Woodson Foundation Inc reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Education — with particular emphasis on higher education and scholarship support
- Human Services — including family services and child welfare
- Arts and Culture — including museums and cultural institutions
- Religion — including theology and religious organizations
The foundation maintains designated funds for specific institutions, including Davidson College, Mary Baldwin College, and Barium Springs Children's Home.
Grantmaking
The foundation actively accepts grant applications. As of January 2025, the foundation was accepting applications from nonprofits in Rowan and Davie counties.
Grant Range
$300–$100,250
Average Grant
approximately $63
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- North Carolina (including Rowan, Davie, and surrounding counties)
- Virginia
- Maryland
- South Carolina
- Colorado
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $379,651
- Total Revenue: $856,040
- Total Expenses: $1,102,440
- Net Income: -$246,400
- Total Liabilities: $0
Prior Year Data (2023):
- Total Assets: $626,051
- Total Revenue: $907,759
- Total Expenses: $1,170,987
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $379,651 | $626,051 | $889,279 |
| Revenue | $856,040 | $907,759 | $1,614,840 |
| Expenses | $1,102,440 | $1,170,987 | $1,197,641 |
| Qualifying Distributions | $1,102,440 | $1,170,792 | $1,197,155 |
| Net Investment Income | — | — | — |
| Distributable Amount | $21,405 | $37,570 | $31,414 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catawba College ($75,000), Children's Hope Alliance ($75,000), Davidson College ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABUNDANT LIVING ADULT DAY SERVICES INC SALISBURY, NC | THE ZEN PROJECT | $3,000 |
| APPLESEED EARLY CHILDHOOD EDUCATION INC SALISBURY, NC | APSEED EARLY CHILDHOOD EDUCATION - ROWAN | $6,500 |
| AUTISM SOCIETY OF NORTH CAROLINA INC RALEIGH, NC | GENERAL SUPPORT | $2,500 |
| BOYS AND GIRLS CLUB OF THE PIEDMONT INC STATESVILLE, NC | GENERAL SUPPORT | $5,000 |
| BREAD RIOT SALISBURY, NC | MOBILE VEGETABLE MARKET | $2,100 |
| CAPSTONE RECOVERY CENTER INC SALISBURY, NC | SUBSTANCE ABUSE/MENTAL HEALTH TREATMENT PROGRAM | $10,000 |
| CATAWBA COLLEGE SALISBURY, NC | SCHOLARSHIP SUPPORT - ROWAN AND DAVIE COUNTY STUDENTS | $75,000 |
| CHILDREN'S HOPE ALLIANCE BARIUM SPRINGS, NC | HEALING THE HURT THROUGH OUTPATIENT THERAPY | $75,000 |
| COMMUNITIES IN SCHOOLS OF ROWAN COUNTY SALISBURY, NC | VOLUNTEER COORDINATOR | $10,000 |
| COMMUNITY CARE CLINIC OF ROWAN COUNTY INC SALISBURY, NC | MEDICAL, DENTAL, AND PHARMACY OPERATING EXPENSES | $45,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board members include:
- Dr. Nilous M. Avery II
- Mary Holt Woodson Murphy
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR NILOUS M AVERY II | DIRECTOR | 1 | $4,000 |
| JOHN BE CUNNINGHAM | DIRECTOR | 1 | $4,000 |
| JAMES W DAVIS | DIRECTOR | 1 | $6,200 |
| MARY HOLT WOODSON MURPHY | CHAIR | 2 | $4,000 |
| MARLENE BOGER SHAMEL | DIRECTOR | 1 | $4,000 |
| ROBERT P SHAY JR | DIRECTOR | 1 | $4,000 |
| PAUL B WOODSON JR | DIRECTOR | 1 | $4,000 |
| KRISTA WOOLY | DIRECTOR | 1 | $4,000 |
| HARRY MCLAUGHLIN | DIRECTOR | 1 | $4,000 |
Contact Information
- Address: 220 N Tryon St, Charlotte, NC 28202-2137
- Telephone: 704-973-4500
- EIN: 56-6064938
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Margaret C Woodson Foundation Inc fund?
The foundation's giving priorities include: • **Education** — with particular emphasis on higher education and scholarship support • **Human Services** — including family services and child welfare • **Arts and Culture** — including museums and cultural institutions • **Religion** — including theology and religious organizations The foundation maintains designated funds for specific institutions, including Davidson College, Mary Baldwin College, and Barium Springs Children's Home.
How do I apply for a grant from Margaret C Woodson Foundation Inc?
**Grant Activity:** • Total giving in 2023: $1,015,856 • Number of grants made in 2023: 67 grants • Typical grant range: $300–$100,250 • Average grant size: approximately $63 **Recent Grant Examples:** • Rowan Helping Ministries: $100,250 (for Crisis Assistance Network, Miracles on the Horizon, and board service recognition) • Catawba College: $75,000 (for scholarship support for Rowan and Davie County students) • Mary Baldwin University: $75,000 (for Woodson 1st Scholarship - Cohort 3) **Appli…
Where does Margaret C Woodson Foundation Inc make grants?
The foundation primarily funds organizations in: • North Carolina (including Rowan, Davie, and surrounding counties) • Virginia • Maryland • South Carolina • Colorado
What size grants does Margaret C Woodson Foundation Inc award?
In 2024, Margaret C Woodson Foundation Inc awarded 72 grants totaling $1.0M — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Margaret C Woodson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret C Woodson Foundation Inc reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret C Woodson Foundation Inc's EIN?
Margaret C Woodson Foundation Inc's EIN (Employer Identification Number) is 56-6064938. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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