Michael D Wood Family Foundation
Michael D Wood Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AFTON, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it awarded 5 grants totaling $170K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$784K
-11.1% YoY
Annual Giving
$170K
Grant Count
5
Avg Grant Size
$34K
Under IRS private-foundation payout rules, Michael D Wood Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Michael D Wood Family Foundation
Based on IRS filings
Michael D Wood Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AFTON, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $784K in total assets. In 2024, it awarded 5 grants totaling $170K. Net investment income was $52K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $783,960 | $881,457 | $800,000 |
| Revenue | $231,625 | $19,708 | $800,000 |
| Expenses | $176,495 | $21 | — |
| Qualifying Distributions | $170,000 | — | — |
| Net Investment Income | $51,625 | $19,708 | — |
| Distributable Amount | $4,517 | $9,563 | $62 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 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 Bridge Christian Church ($80,000), The Point ($40,000), Calvary Chapel ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIDGE CHRISTIAN CHURCH FISHERSVILLE, VA | RELIGIOUS CONTRIBUTION | $80,000 |
| CALVARY CHAPEL MORGANTOWN, WV | RELIGIOUS CONTRIBUTION | $20,000 |
| THE POINT CHARLOTTESVILLE, VA | RELIGIOUS CONTRIBUTION | $40,000 |
| SAMARITANS PURSE BOONE, NC | RELIGIOUS CONTRIBUTION | $15,000 |
| FAR REACHING MINISTRIES MURRIETA, CA | RELIGIOUS CONTRIBUTION | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL D WOOD | PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael D Wood Family Foundation?
Michael D Wood Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AFTON, VA. It holds $784K in total assets as of 2024.
How large is Michael D Wood Family Foundation?
As of 2024, Michael D Wood Family Foundation holds $784K in total assets with $232K in annual revenue. It awarded 5 grants totaling $170K in 2024.
Where does Michael D Wood Family Foundation operate?
Michael D Wood Family Foundation has awarded grants in California, North Carolina, Virginia, West Virginia.
What size grants does Michael D Wood Family Foundation award?
In 2024, Michael D Wood Family Foundation awarded 5 grants totaling $170K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Michael D Wood Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael D Wood Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael D Wood Family Foundation's EIN?
Michael D Wood Family Foundation's EIN (Employer Identification Number) is 92-1330621. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.