Ruth B Wood Foundation Inc

CLEMSON, SC EIN: 58-2018115

Ruth B Wood Foundation Inc is a private foundation, based in CLEMSON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $544K in total assets. In 2024, it awarded 16 grants totaling $31K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$544K

-0.5% YoY

Annual Giving

$31K

+1.6% YoY

Grant Count

+6.7% YoY

Avg Grant Size

$2K

-4.7% YoY

Under IRS private-foundation payout rules, Ruth B Wood Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth B Wood Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $126K (80%)

Alabama $8K (5%)

Massachusetts $6K (4%)

North Carolina $5K (3%)

Connecticut $4K (3%)

Georgia $4K (3%)

New York $4K (3%)

States

Alabama Connecticut Georgia Massachusetts North Carolina New York South Carolina

Cities

AshevilleBostonCentralClemsonColumbiaEasleyGreenvilleKingstreeLakevilleNew YorkPendletonPiedmontSheffieldThomasville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$543,915	$546,815	$588,060
Revenue	$36,031	$-2,760	$24,348
Expenses	$39,364	$37,971	$43,740
Qualifying Distributions	$31,380	$30,500	$34,500
Net Investment Income	$27,982	$7,205	$16,309
Distributable Amount	$31,759	$28,971	$30,326

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

68 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grace Covenant Presbyterian Church ($5,000), Clemson University ($5,000), Holy Trinity Episcopal Church ($5,000).

Recipient	Purpose	Amount
INDIAN MOUNTAIN SCHOOL LAKEVILLE, CT	GENERAL OPERATING	$500
Clemson Child Development Center Clemson, SC	GENERAL PURPOSE	$1,000
Oconee Memorial Hospital Columbia, SC	GENERAL PURPOSE	$1,000
Shaw Center Thomasville, GA	GENERAL PURPOSE	$1,000
Family Promise of Pickens County Easley, SC	GENERAL PURPOSE	$1,000
DOCTORS WITHOUT BORDERS New York, NY	GENERAL PURPOSE	$1,000
SCETV & PUBLIC RADIO Columbia, SC	GENERAL PURPOSE	$1,000
GRACE COVENANT PRESBYTERIAN CHURCH ASHEVILLE, NC	GENERAL PURPOSE	$5,000
REBUILD UPSTATE Greenville, SC	GENERAL PURPOSES	$1,000
CLEMSON UNIVERSITY CLEMSON, SC	GENERAL OPERATING	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT M WOOD	PRESIDENT	3	—

Frequently Asked Questions

How large is Ruth B Wood Foundation Inc?

As of 2024, Ruth B Wood Foundation Inc holds $544K in total assets with $36K in annual revenue. It awarded 16 grants totaling $31K in 2024.

Where does Ruth B Wood Foundation Inc operate?

Ruth B Wood Foundation Inc has awarded grants in Alabama, Connecticut, Georgia, Massachusetts, North Carolina, New York, South Carolina.

What size grants does Ruth B Wood Foundation Inc award?

In 2024, Ruth B Wood Foundation Inc awarded 16 grants totaling $31K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Ruth B Wood Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth B Wood Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.