Ward Economic Development Corporation
Ward Economic Development Corporation (WEDC) is a Los Angeles, California-based public charity formed in 1987. Its stated purpose includes pursuing economic development opportunities in Los Angeles and providing low-income housing through Tuelyn Terrace and additional scattered sites.
Ward Economic Development Corporation at a glance
- Total assets
- $7,400,052
- -0.8% vs 2023
- Revenue (2024)
- $761,996
- -63.8% vs 2023
- Net investment income (2024)
- $513
- -57.3% vs 2023
- Expenses (2024)
- $821,031
- -61.4% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Ward Economic Development Corporation
- Contact
Mailing address: 1177 West Adams Boulevard, Los Angeles, CA 90007
Phone: (213) 747-1188
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ward Economic Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
73 grants across all recorded years
The most common grant size was in the $50–100K range: 49 grants of 73 (67%).
Geographic Focus
Where this funder awards grants
WEDC states that it pursues economic development opportunities within the City of Los Angeles and operates affordable housing in Los Angeles. The listed 2023 grantees are located in Los Angeles, Beverly Hills, and Inglewood, California.
Grant Distribution by State
States
Cities
How Ward Economic Development Corporation gives
- 20% of 2023 grantees were also funded in 2022. Method
Estimate from itemized grant lists in IRS Form 990 filings (2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $1.3M (2023) to $2.7M (2022). In 2023 it made 30 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2ND Call Los Angeles, CA | General Support | $75,000 |
| Black Hollywood Education and Resource Center Los Angeles, CA | General Support | $75,000 |
| Black Women for Wellness Los Angeles, CA | General Support | $75,000 |
| Butterfly's Haven Los Angeles, CA | General Support | $75,000 |
| California Black Women's Health Project Los Angeles, CA | General Support | $75,000 |
| Sanctuary of Hope Los Angeles, CA | General Support | $75,000 |
| STEM to the Future Los Angeles, CA | General Support | $75,000 |
| Telehealth Van Los Angeles, CA | General Support | $75,000 |
| The Amaad Institute Los Angeles, CA | General Support | $75,000 |
| The Rightway Foundation Los Angeles, CA | General Support | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $7,400,052 | $761,996 | $821,031 | — | — | $513 |
| 2023 | $7,458,628 | $2,103,934 | $2,126,887 | $1,338,500 | 30 | $1,200 |
| 2022 | $7,530,319 | $3,516,517 | $3,507,270 | $2,677,750 | 43 | $314 |
| 2021 | $7,561,759 | $646,213 | $613,991 | — | — | $74 |
| 2020 | $7,929,055 | $1,055,393 | $664,526 | — | — | $521 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
WEDC says it was created to identify and pursue economic development opportunities within the City of Los Angeles, provide 91 units of low-income housing through Tuelyn Terrace, and operate and make available additional low-income affordable housing at scattered sites in Los Angeles.
Its 2023 grantees included organizations with varied missions. For example, STEM TO THE FUTURE describes its work as providing science, technology, engineering, art, and math-focused educational opportunities to students. Sanctuary of Hope says it provides youth development and human services for young people ages 16–25 who are child-welfare- or justice-impacted. BLACK WOMEN FOR WELLNESS describes its mission as enhancing the health and well-being of African American and Black women and girls. Butterflies Haven describes its work as building community-focused housing and services.
Grantmaking
WEDC reported making 30 grants totaling $1,338,500 in 2023. The filing data reports no grants in 2024. Among the 2023 recipients listed were THE AMAAD INSTITUTE, The Rightway Foundation, STEM TO THE FUTURE, 2ND CALL, Sanctuary of Hope, BLACK WOMEN FOR WELLNESS, BUTTERFLYS HAVEN, and California Black Womens Health Project; each received $75,000.
The grantees describe missions spanning recovery support, employment and support for foster youth, educational opportunities, personal and social development, youth services, health, and community-focused housing. No application process or deadline is stated.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists:
- Robert Campbell — Chairperson
- Jacquelyn Dupont-Walker — Secretary
- Roland A. Wiley — Treasurer
- Jarrell Davis — Member
- Amy Richardson — Member
- Robert Russ — Member
- Barry Settle — Member
Ward Economic Development Corporation is led by Robert Campbell, Chairperson on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert Campbell
Chairperson
On filings since 2020
2 hrs/week
No compensation reported
Jacquelyn Dupont-Walker
Secretary
On filings since 2020
5 hrs/week
$65K (2023) → $0 (2024)
Amy Richardson
Member
On filings since 2020
2 hrs/week
No compensation reported
Jarrell Davis
Member
On filings since 2020
2 hrs/week
No compensation reported
Robert Russ
Member
On filings since 2020
2 hrs/week
No compensation reported
Roland A. Wiley
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Barry Settle
Member
On filings since 2022
2 hrs/week
No compensation reported
Former officers (1)
- Former: John Cager III (2020–2021) — Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $65K, to Jacquelyn Dupont-Walker (Secretary).
Frequently asked questions about Ward Economic Development Corporation
How large is Ward Economic Development Corporation?
Ward Economic Development Corporation reported $7.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $762K.
What does Ward Economic Development Corporation fund?
WEDC says it was created to identify and pursue economic development opportunities within the City of Los Angeles, provide 91 units of low-income housing through Tuelyn Terrace, and operate and make available additional low-income affordable housing at scattered sites in Los Angeles. See mission & focus areas ↑
How do I apply for a grant from Ward Economic Development Corporation?
Ward Economic Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Ward Economic Development Corporation make grants?
WEDC states that it pursues economic development opportunities within the City of Los Angeles and operates affordable housing in Los Angeles. The listed 2023 grantees are located in Los Angeles, Beverly Hills, and Inglewood, California.
What is Ward Economic Development Corporation's EIN?
Ward Economic Development Corporation's EIN (Employer Identification Number) is 95-4206960. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 14, 2024)
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ward Economic Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Ward Economic Development Corporation down — hundreds of funders to go?