Wood Family Memorial Trust

Private foundation · Grantmaker Victoria, TX EIN: 74-6307476

The Wood Family Memorial Trust is a private foundation based in Victoria, Texas. Its 2025 grants went to Texas recipients, including local organizations and educational institutions.

Key facts about Wood Family Memorial Trust

In short: Wood Family Memorial Trust gave $233K across 23 grants in 2025 (avg $10K), mostly in Texas. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
74-6307476
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$232,500
Grants made (2025)
23
Average grant
$10,109
Median grant
$10,000
New grantees (estimate)
24% first-time grantees (5 of 21, 2025)
Total assets
$2,154,853
Primary geography
Texas (100% of itemized 2025 grant dollars)
How to apply
The trust’s 2024 filing says to contact the trust to request an application form and qualification requirements. Full details ↓
Deadline
None stated.

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+2.2% YoY

Annual Giving

$233K

-7.0% YoY

Grant Count

23

-14.8% YoY

Avg Grant Size

$10K

+9.2% YoY

Under IRS private-foundation payout rules, Wood Family Memorial Trust reported a distributable amount of $302K for 2025 — the minimum it must pay out in qualifying distributions.

Is Wood Family Memorial Trust open to new grantees?

24%

first-time grantees, 2025

In 2025, 5 of 21 grantees (24%) were first-time recipients. First grants averaged $13K; repeat grants $10K. How we count

Medians: $10K first-time, $8K repeat.

  • 62% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the trust is provided. Its 2025 giving shows support for education, food assistance, services for children and families, and other community programs.

Among its grantees, Affectionate Arms says it provides adult day care and health care services. Hope of South Texas describes its work as investigative, assessment, and therapeutic services for abused children and their families across Victoria, Jackson, Goliad, and DeWitt counties. Meals on Wheels South Texas says it provides nutrition, transportation, and other services supporting seniors’ independent living.

Grantmaking

In 2025, the trust gave $232,500 through 23 grants. Grant amounts ranged from $2,000 to $25,000, with a median award of $10,000. The largest listed awards were $25,000 each to Texas A&M University–Victoria and Victoria College for endowed scholarship funds, and $25,000 to The Salvation Army for meal services and a food pantry. Other notable grants included $15,000 to Affectionate Arms for operational support, $15,000 to Victoria Christian Assistance Ministry for food pantry support, and $12,500 to Hope of South Texas for services for abused children.

Review Cycle

None stated.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Texas. The listed 2025 grantees are based in Victoria, Texas.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 23 itemized grants.

States

Cities

VictoriaHallettsvilleNurseryCorpus ChristiEl CampoHoustonPalaciosPort LavacaAustinDallasGoliad

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K25 grants2019 20 grants2020 24 grants2021 24 grants2022 21 grants2023 27 grants2024 23 grants2025

From 2019 to 2025, annual grant giving ranged from $210K (2020) to $256K (2022). In 2025 it made 23 grants totaling $233K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Texas A&M University-Victoria: $35K across 2 grantsTexas A&M University-Victoria$35K · 2 grantsVictoria College: $35K across 2 grantsVictoria College$35K · 2 grantsThe Salvation Army: $25KThe Salvation Army$25KAffectionate Arms: $15KAffectionate Arms$15KVictoria Christian Assistance Minis: $15KVictoria Christian AssistanceMinis$15KHope of South Texas: $13KHope of South Texas$13KBoys & Girls Club of Victoria: $10KBoys & Girls Club of Victoria$10KFood Bank of the Golden Crescent: $10KFood Bank of the GoldenCrescent$10KMeals on Wheels South Texas: $10KMeals on Wheels South Texas$10KSaint Mary's Catholic Church: $10KSaint Mary's Catholic Church$10K

The largest 2025 recipient was Texas A&M University-Victoria ($35K across 2 grants). Together the top 10 received $178K.

Grant Size Distribution

119 grants across all recorded years

119<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 119 grants of 119 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Texas A&M University-Victoria Victoria, TXEndowed Scholarship Fund$25,000
The Salvation Army Victoria, TXMeal Services & Food Pantry$25,000
Victoria College Victoria, TXEndowed Scholarship Fund$25,000
Affectionate Arms Victoria, TXOperational Support$15,000
Victoria Christian Assistance Minis Victoria, TXSupport Food Pantry$15,000
Hope of South Texas Victoria, TXServices for Abused Children$12,500
Boys & Girls Club of Victoria Victoria, TXEnhance Programs and Facilities$10,000
Food Bank of the Golden Crescent Victoria, TXWeekend Meal Kits$10,000
Meals on Wheels South Texas Victoria, TXOperational Support$10,000
Saint Mary's Catholic Church Victoria, TXConvent Restoration$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $2,154,853 $352,827 $304,434 $232,500
2024 $2,109,460 $262,147 $326,314 $249,913
2023 $2,173,336 $146,946 $283,050 $245,418
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,154,853$2,109,460$2,173,336
Revenue$352,827$262,147$146,946
Expenses$304,434$326,314$283,050
Qualifying Distributions$232,500$249,913$245,418
Net Investment Income$298,424$185,701$109,314
Distributable Amount$302,380$289,948$244,913

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 19, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  5. Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  6. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 12, 2021)
  7. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)

Leadership & Key People

Officers and directors from IRS filings

Wood Family Memorial Trust's only listed officer is Prosperity Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Prosperity Bank

    Trustee

    On filings since 2019

    1 hr/week

    $18K (2019) → $18K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Prosperity Bank — Trustee: $18KProsperity BankTrustee$18K

The highest reported compensation on the 2025 filing was $18K, to Prosperity Bank (Trustee).

Contact

Application contact: Wood Family Memorial Trust
Mailing address: C/O Prosperity Bank 101 S Main St, 101 S Main St, Victoria, TX 77901
Phone: (361) 573-6321

Frequently asked questions about Wood Family Memorial Trust

How much does Wood Family Memorial Trust give each year?

Wood Family Memorial Trust gave $233K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $250K across 27 grants.

What is Wood Family Memorial Trust's typical grant size?

Wood Family Memorial Trust's median grant in 2025 was $10,000, and its average grant was $10,109, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Wood Family Memorial Trust that year got $13K on average.

Where does Wood Family Memorial Trust give grants?

Wood Family Memorial Trust gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Victoria, TX (20 grants) and Corpus Christi, TX (2 grants).

Does Wood Family Memorial Trust give general operating support?

Occasionally: 9% of Wood Family Memorial Trust's 2025 grants with a stated purpose (2 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Wood Family Memorial Trust's largest grantees?

Wood Family Memorial Trust's largest 2025 grantees include Texas A&M University-Victoria ($35,000 across 2 grants), Victoria College ($35,000 across 2 grants) and The Salvation Army ($25,000), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.

How large is Wood Family Memorial Trust?

Wood Family Memorial Trust reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $233K in qualifying distributions that year, against a required minimum of $302K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Wood Family Memorial Trust fund?

No mission statement for the trust is provided. Its 2025 giving shows support for education, food assistance, services for children and families, and other community programs. See mission & focus areas ↑

How do I apply for a grant from Wood Family Memorial Trust?

The trust’s 2024 filing says to contact the trust to request an application form and qualification requirements. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Wood Family Memorial Trust's EIN?

Wood Family Memorial Trust's EIN (Employer Identification Number) is 74-6307476. IRS Form 990 filing data is available on this page for 2019–2025.

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

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