Woodson Family Foundation Inc

ASHEVILLE, NC EIN: 56-1544614

Woodson Family Foundation Inc is a private foundation focused on Arts and culture, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 18 grants totaling $83K. Net investment income was $143K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+5.3% YoY

Annual Giving

$83K

+24.3% YoY

Grant Count

18

-10.0% YoY

Avg Grant Size

$5K

+38.1% YoY

Under IRS private-foundation payout rules, Woodson Family Foundation Inc reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.

About Woodson Family Foundation Inc

Based on IRS filings

Woodson Family Foundation Inc is a private foundation focused on Arts and culture, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 18 grants totaling $83K. Net investment income was $143K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AshevilleBlack MountainBooneCarthageCaryChathamDeerfieldDurangoDurhamGillGreensboroLake ToxawayMount HermonNew BernNew YorkRaefordRaleighSouthern PinesWashingtonWoodberry Forest

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$106K$211K$317K$423K20202021202220232024
Metric202420232022
Total Assets$1,553,111$1,475,206$1,506,297
Revenue$158,245$50,921$78,324
Expenses$99,340$82,012$145,386
Qualifying Distributions$84,311$67,962$122,492
Net Investment Income$143,216$39,416$62,724
Distributable Amount$105,372$78,777$82,568

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$61K$91K$122K23 grants202016 grants202123 grants202220 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHFIELD MT HERMON - R…$62KWEYMOUTH CENTER FOR THE …$4KTHE ROARING GAP FOUNDATION$3KCHILDREN'S WELFARE LEAGUE$2KTHE COMMUNITY FOUNDATION…$2KNORTH CAROLINA MUSEUM OF…$1KNORTH CAROLINA MUSEUM OF…$1KECOFORESTERS$1KRALEIGH FINE ARTS SOCIET…$1KSAINT MARY'S SCHOOL$1K

Grant Size Distribution

100 grants across all recorded years

98<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northfield Mt Hermon - Richard Odman Endowed Fund ($62,276), Weymouth Center for the Arts and Humanities ($4,000), The Roaring Gap Foundation ($2,500).

RecipientPurposeAmount
CHATHAM HALL CHATHAM, VAEDUCATIONAL$500
CHILDREN'S WELFARE LEAGUE ASHEVILLE, NCEDUCATIONAL$2,000
ECOFORESTERS ASHEVILLE, NCNATURAL PRESERVATION$1,000
FRIEND TO FRIEND CARTHAGE, NCCHARITABLE$500
NORTH CAROLINA MUSEUM OF ART RALEIGH, NCCHARITABLE$1,250
NORTH CAROLINA MUSEUM OF HISTORY FOUNDATION INC RALEIGH, NCEDUCATIONAL$1,250
NORTHFIELD MT HERMON - RICHARD ODMAN ENDOWED FUND MOUNT HERMON, MAEDUCATIONAL$62,276
RALEIGH FINE ARTS SOCIETY INC RALEIGH, NCEDUCATIONAL$1,000
SAINT MARY'S SCHOOL RALEIGH, NCEDUCATIONAL$1,000
THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ASHEVILLE, NCCHARITABLE$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD P WOODSON IVTRUSTEE1
SHEILA W HORINETRUSTEE1
MARTHA W DUNNAGANTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Woodson Family Foundation Inc?

Woodson Family Foundation Inc is a private foundation focused on Arts and culture, based in ASHEVILLE, NC. It holds $1.6M in total assets as of 2024.

How large is Woodson Family Foundation Inc?

As of 2024, Woodson Family Foundation Inc holds $1.6M in total assets with $158K in annual revenue. It awarded 18 grants totaling $83K in 2024.

Where does Woodson Family Foundation Inc operate?

Woodson Family Foundation Inc has awarded grants in Colorado, Massachusetts, North Carolina, New York, Virginia.

What size grants does Woodson Family Foundation Inc award?

In 2024, Woodson Family Foundation Inc awarded 18 grants totaling $83K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Woodson Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Woodson Family Foundation Inc reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Woodson Family Foundation Inc's EIN?

Woodson Family Foundation Inc's EIN (Employer Identification Number) is 56-1544614. IRS Form 990 filing data is available on this page for 2020–2024.

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

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