The Wood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 4 grants totaling $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
+65.6% YoY
Annual Giving
$6K
Grant Count
4
Avg Grant Size
$2K
Under IRS private-foundation payout rules, The Wood Foundation Inc reported a distributable amount of $239 for 2024 — the minimum it must pay out in qualifying distributions.
About The Wood Foundation Inc
Based on IRS filings
The Wood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 4 grants totaling $6K.
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 | $5,352 | $3,231 | $1,000 |
| Revenue | $8,325 | $2,925 | $1,000 |
| Expenses | $6,204 | $694 | — |
| Qualifying Distributions | $6,034 | $525 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $239 | $70 | $4 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include NYRR Marathon Climate Change ($3,000), Red Truck Men ($2,434), Seacoast Church ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Red Truck Men Charlotte, NC | NC Mountain Hurricane Relief | $2,434 |
| Seacoast Church Mount Pleasant, SC | Charitable Giving | $500 |
| NYRR Marathon Climate Change New York, NY | Charitable Giving | $3,000 |
| BGSU Bowling Green, OH | Charitable Giving | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ryley Wood | Secretary | 1 | — |
| Clayton Wood | President | 1 | — |
| Audrey Wood | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Wood Foundation Inc?
The Wood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, NC. It holds $5K in total assets as of 2024.
How large is The Wood Foundation Inc?
As of 2024, The Wood Foundation Inc holds $5K in total assets with $8K in annual revenue. It awarded 4 grants totaling $6K in 2024.
Where does The Wood Foundation Inc operate?
The Wood Foundation Inc has awarded grants in North Carolina, New York, Ohio, South Carolina.
What size grants does The Wood Foundation Inc award?
In 2024, The Wood Foundation Inc awarded 4 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Wood Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wood Foundation Inc reported a distributable amount of $239 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Wood Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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