Tom and Julie Wood Family Foundation Inc
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
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
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
112 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
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULIE D WOOD | PRESIDENT/DIRECTOR | 1 | — |
| JEFFREY WOOD | DIRECTOR | 1 | — |
| JOHN WOOD | DIRECTOR | 1 | — |
| APRIL WOOD | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
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 - CentrevilleSubject 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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