The Donald F Wood and Darlene M
The Donald F Wood and Darlene M Richardson Foundation is a private foundation established in 2007, based in Spencerville, Indiana. The foundation is supported by the Darlene M Richardson Irrevocable Trust and operates as a 501(c)(3) organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.9M
+8.0% YoY
Annual Giving
$591K
-1.9% YoY
Grant Count
33
+6.5% YoY
Avg Grant Size
$18K
-7.9% YoY
Mission & Focus Areas
The foundation focuses on community assistance for health and welfare as well as supporting educational opportunities for specialized and at-risk individuals. Primary funding areas include:
- Arts and culture
- Education
- Religion
- Health and welfare services
Grantmaking
Grant Range
$87 (based on historical data)
Average Grant
$87 (based on historical data)
How to Apply
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Geographic Focus
Where this funder awards grants
Grant area is limited to Northeast Indiana, with documented funding to organizations in Auburn, Columbia City, and Fort Wayne.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $11,850,386
- Total revenues: $1,552,876
- Total expenses: $671,311
- Investment income and dividends: $428,130
- Total grants and contributions: $305,300
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,850,386 | $10,968,821 | $10,729,040 |
| Revenue | $1,552,876 | $904,054 | $695,181 |
| Expenses | $671,311 | $664,273 | $666,746 |
| Qualifying Distributions | $590,500 | $602,000 | $602,000 |
| Net Investment Income | $1,180,671 | $552,060 | $340,488 |
| Distributable Amount | $655,524 | $596,337 | $593,133 |
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
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Lisa Suever – President and Treasurer
- Audrey Wood – Vice President and Secretary
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA SUEVER | PRESIDENT/TR | — | $5,000 |
| AUDREY WOOD | VICE PRES/SE | — | $5,000 |
Recent News & Activity
Recent developments and announcements
Purdue Fort Wayne's Engineering Technology and Computer Science (ETCS) program received an $803,000 grant from the Don Wood Foundation
Don Wood Foundation awards Purdue Fort Wayne\u2019s ETCS with $803k grantHicksville Schools received more than $250,000 in funding from the Don Wood Foundation
Hicksville Schools awarded more than $250K from Don Wood Foundation | LocalOhio Northern University received funding to create an advanced metal laboratory
The Don Wood Foundation awards funding to create Ohio Northern UniversitySubject Areas
Focus areas based on grantmaking activity
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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