Tom and Julie Wood Family Foundation Inc

INDIANAPOLIS, IN EIN: 27-4826335

The Tom and Julie Wood Family Foundation Inc is a private nonoperating foundation established in Indiana in 2011. Based in Carmel, Indiana, the foundation is a family foundation that focuses on philanthropic grantmaking to charitable and educational organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.6M

-21.4% YoY

Annual Giving

$20.6M

+423.7% YoY

Grant Count

31

+0.0% YoY

Avg Grant Size

$663K

+423.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Health
  • Human services
  • Children and youth

The foundation allocates dividends and interest from securities contributed to the foundation and gains from sales of assets other than inventory.

Grantmaking

Grant Range

$5,000 to $4,060,000

Average Grant

amounts vary by year

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Geographic Focus

Where this funder awards grants

The foundation primarily supports nonprofit organizations in the Indianapolis, Indiana area, with additional funding activity in Virginia and North Carolina.

Grant Distribution by State

8states

Cities

AlexandriaBooneCarmelFernandina BeachFishersIndianapolisLebanonMccordsvilleNorwichOrlandoOshkoshPittsburghSan Anselmo

Financial History

Multi-year comparison from IRS filings

Assets & Giving:

  • Total assets: $32,636,836 (2024)
  • Total revenues: $12,371,554 (2024)
  • Total expenses: $21,408,871 (2024)
  • Total liabilities: $20,000 (2023)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M20202021202220232024
Metric202420232022
Total Assets$32,636,836$41,539,116$36,258,513
Revenue$12,371,554$9,922,011$6,009,150
Expenses$21,408,871$4,641,408$2,646,914
Qualifying Distributions$20,556,260$3,925,500$1,808,161
Net Investment Income$9,556,937$4,387,069$1,153,040
Distributable Amount$2,456,457$2,490,948$2,245,207

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$21M12 grants20209 grants202129 grants202231 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IU FOUNDATION$4.1MMARIAN UNIVERSITY$2.7MRILEY CHILDREN'S FOUNDAT…$2.3MNASSAU COUNTY COUNCIL ON…$1.8MCOMMUNITY HEALTH NETWORK…$1.3MGLEANERS FOOD BANK OF IN…$1.3MWOMEN'S CARE CENTER$1.1MBRIGHTLANE LEARNING CENTER$1.1MTHE SALVATION ARMY$1.1MWHEELER MISSION$1.1M

Grant Size Distribution

112 grants across all recorded years

46<$50K23$50–100K25$100–250K6$250–500K1$500K–1M11$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by family members:

  • Julie D Wood (President/Director)
  • Jeffrey Wood (Director)
  • John Wood (Director)
  • April Wood (Director)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JULIE D WOODPRESIDENT/DIRECTOR1
JEFFREY WOODDIRECTOR1
JOHN WOODDIRECTOR1
APRIL WOODDIRECTOR1

Recent News & Activity

Recent developments and announcements

2024

In July 2024, Marian University's College of Osteopathic Medicine received a historic $29 million naming gift from Julie Wood, resulting in the college being renamed the Tom and Julie Wood College of Osteopathic Medicine.

14 Marian University\u2019s College of Osteopathic Medicine Receives Historic\

The foundation awarded a $100,000 grant to Radcliffe Creek School.

Wood Foundation awards $100K grant to Radcliffe Creek School - Centreville

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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