The Wood Foundation Inc
The Wood Foundation Inc is a private foundation, based in Belmont, NC. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $13K in total assets. In 2025, it awarded 5 grants totaling $11K.
Key facts about The Wood Foundation Inc
In short: The Wood Foundation Inc gave $11K across 5 grants in 2025 (avg $2K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 87-4501651
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $10,525
- Grants made (2025)
- 5
- Average grant
- $2,105
- Median grant
- $2,043
- Total assets
- $12,657
- Primary geography
- South Carolina (78% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$13K
+136.5% YoY
Annual Giving
$11K
+74.4% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$2K
+39.5% YoY
Under IRS private-foundation payout rules, The Wood Foundation Inc reported a distributable amount of $366 for 2025 — the minimum it must pay out in qualifying distributions.
How The Wood Foundation Inc gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $525 (2023) to $11K (2025). In 2025 it made 5 grants totaling $11K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Steadfast Recovery Ministries ($6K). Together the top 5 received $11K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Steadfast Recovery Ministries Summerville, SC | Helping a person in need | $6,180 |
| World Vision Monrovia, CA | Helping Person in Need | $2,180 |
| Seacoast Church Mt Pleasant, SC | Helping Person in Need | $2,043 |
| Red Truck Men Charlotte, NC | Provide for Person in Need | $70 |
| Hilliard Darby High School Hilliard, OH | Helping a person in need | $52 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,657 | $5,352 | $3,231 |
| Revenue | $18,000 | $8,325 | $2,925 |
| Expenses | $10,695 | $6,204 | $694 |
| Qualifying Distributions | $10,525 | $6,034 | $525 |
| Distributable Amount | $366 | $239 | $70 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 18, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
The Wood Foundation Inc is led by Clayton Wood, CEO since 2025 (on filings since 2022); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Clayton Wood
CEO
President → CEO, 2025
On filings since 2022
1 hr/week
No compensation reported
Audrey Wood
Vice President
On filings since 2023
1 hr/week
No compensation reported
Ryley Wood
Vice President
Secretary → Vice President, 2025
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Audrey (2022) — Wood
- Former: Ryley (2022) — Wood
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Wood Foundation Inc
How much does The Wood Foundation Inc give each year?
The Wood Foundation Inc gave $11K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 4 grants.
What is The Wood Foundation Inc's typical grant size?
The Wood Foundation Inc's median grant in 2025 was $2,043, and its average grant was $2,105, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Wood Foundation Inc give grants?
The Wood Foundation Inc gives mostly in South Carolina: 78% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (21%).
Does The Wood Foundation Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Wood Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Wood Foundation Inc's largest grantees?
The Wood Foundation Inc's largest 2025 grantees include Steadfast Recovery Ministries ($6,180), World Vision ($2,180) and Seacoast Church ($2,043), according to its 2025 IRS Form 990-PF. Together they received 99% of its itemized 2025 grant dollars.
How large is The Wood Foundation Inc?
The Wood Foundation Inc reported $13K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $366 (roughly 5% of its investment assets).
What is The Wood Foundation Inc's EIN?
The Wood Foundation Inc's EIN (Employer Identification Number) is 87-4501651. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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