Wood Ethel Arnold Scholarship FD

Private foundation · Grantmaker Dallas, TX EIN: 04-6332654

Wood Ethel Arnold Scholarship FD is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $167K. Net investment income was $19K.

Key facts about Wood Ethel Arnold Scholarship FD

In short: Wood Ethel Arnold Scholarship FD gave $167K across 2 grants in 2024 (avg $83K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
04-6332654
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$166,620
Grants made (2024)
2
Average grant
$83,310
Median grant
$83,310
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$167K

+3232.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$83K

+3232.4% YoY

Under IRS private-foundation payout rules, Wood Ethel Arnold Scholarship FD reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

How Wood Ethel Arnold Scholarship FD gives

  • Giving grew 2677% from 2021 to 2024. Method
  • In 2024 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

5states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

AmherstBurlingtonCambridgeChestnut HillElonFairhavenNewtonNorth DartmouthOak BluffsPortlandWilliamsburgh

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K3 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2023) to $167K (2024). In 2024 it made 2 grants totaling $167K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Fairhaven High School: $83KFairhaven High School$83KMartha Vineyard Regional High School: $83KMartha Vineyard Regional HighSchool$83K

The largest 2024 recipient was Fairhaven High School ($83K). Together the top 2 received $167K.

Grant Size Distribution

11 grants across all recorded years

9<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 11 (82%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fairhaven High School Fairhaven, MAUnrestricted General$83,310
Martha Vineyard Regional High School Oak Bluffs, MAUnrestricted General$83,310

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$150,939$158,767
Revenue$21,093$-4$30,371
Expenses$170,949$10,745$13,702
Qualifying Distributions$168,205$7,228$10,437
Net Investment Income$18,707$660$27,084
Distributable Amount$7,830$8,133$8,721

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Wood Ethel Arnold Scholarship FD's only listed officer is Bank Of America, Trustee on every filing since 2020 (compensated).

Officers on the 2024 filing

  • Bank Of America

    Trustee

    On filings since 2020

    1 hr/week

    $4K (2020) → $1K (2024)

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 2024 IRS filing

Bank of America — Trustee: $1KBank of AmericaTrustee$1K

The highest reported compensation on the 2024 filing was $1K, to Bank of America (Trustee).

Frequently asked questions about Wood Ethel Arnold Scholarship FD

How much does Wood Ethel Arnold Scholarship FD give each year?

Wood Ethel Arnold Scholarship FD gave $167K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 2 grants.

Where does Wood Ethel Arnold Scholarship FD operate?

Wood Ethel Arnold Scholarship FD has awarded grants in Massachusetts, Maine, North Carolina, Virginia, Vermont.

How much is Wood Ethel Arnold Scholarship FD required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wood Ethel Arnold Scholarship FD reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wood Ethel Arnold Scholarship FD's EIN?

Wood Ethel Arnold Scholarship FD's EIN (Employer Identification Number) is 04-6332654. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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