Woodward Foundation Inc

RICHMOND, VA EIN: 54-1154689

Woodward Foundation Inc is a private foundation, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $523K in total assets. In 2024, it awarded 13 grants totaling $29K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$523K

+1.1% YoY

Annual Giving

$29K

+6.1% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$2K

-2.0% YoY

About Woodward Foundation Inc

Based on IRS filings

Woodward Foundation Inc is a private foundation, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $523K in total assets. In 2024, it awarded 13 grants totaling $29K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AnnapolisArlingtonDoverFranklin LakesHenricoHillsdaleLewesRehoboth BeachRichmndRichmondVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$19K$28K$38K20202021202220232024
Metric202420232022
Total Assets$522,901$517,391$525,103
Revenue$34,304$20,703$19,056
Expenses$30,494$28,616$28,319
Qualifying Distributions$30,494$28,616$28,319
Net Investment Income$19,304$10,703$9,056
Distributable Amount$29,116$27,525$27,374

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$15K$22K$29K14 grants202020 grants202111 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Independent Medical Alli…$4KJudicial Watch$3KHillsdale College$3KThe Heritage Foundation$3KThe Leadership Institute$3KChildren's Health Defense$3KRegent University Regent…$3KCancerLINC$2KThe Virginia Home$2KVirginia Home for Boys a…$2K

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Carol D WoodwardPres, Secy, Treas VP Director1

Related Funders

Similar funders by location and focus area

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

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