Woodward Foundation Inc

Private foundation · Grantmaker Dubuque, IA EIN: 42-6070224

Woodward Foundation Inc is a private foundation based in Dubuque, Iowa. It reported 10 grants totaling $95,350 in 2025, supporting organizations in Iowa, Wisconsin, and Illinois.

Woodward Foundation Inc at a glance

In short: Woodward Foundation Inc gave $95K across 10 grants in 2025 (avg $10K), mostly in Iowa. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$95,350
-0.5% vs 2024
Grants made (2025)
10
-33.3% vs 2024
Average grant
$9,535
+49.2% vs 2024
Median grant
$9,000
Total assets
$11,126
-73.0% vs 2024
New grantees (estimate)
40% first-time grantees (4 of 10, 2025; small sample)
Primary geography
Iowa (72% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Woodward Foundation Inc

How to Apply

The foundation’s 2024 filing says applications should be submitted via the Foundation website. It states that giving is not restricted to preselected organizations. The filing lists award restrictions as “Local areas United Way endowments Capital for educculturehistsoc.”

Review Cycle
The 2024 filing lists January 1 for February review and August 1 for September review. Both cycles are past; the filing does not establish current deadlines.
Deadline
The 2024 filing lists January 1 for February review and August 1 for September review.
Contact

Application contact: Tom Woodward
Mailing address: 801 Bluff St, Dubuque, IA 52001-4661
Phone: (563) 588-5734

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Woodward Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

United Way (5 agencies in IA and WI): $26KUnited Way (5 agencies in IAand WI)$26KDubuque Community Y: $13KDubuque Community Y$13KOpening Doors: $10KOpening Doors$10KThompson Center on Lourdes: $10KThompson Center on Lourdes$10KCrescent Community Health Center: $10KCrescent Community HealthCenter$10KHill & Dales: $8KHill & Dales$8KInspiring Community Inc: $6KInspiring Community Inc$6KEast Dubuque Public Library: $5KEast Dubuque Public Library$5KPlatteville Fire Department: $5KPlatteville Fire Department$5KIowa College Foundation: $3KIowa College Foundation$3K

The largest 2025 recipient was United Way (5 agencies in IA and WI) ($26K). Together the top 10 received $95K.

Grant Size Distribution

64 grants across all recorded years

64<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 64 grants of 64 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 72% of grant dollars went to Iowa recipients, 22% to Wisconsin recipients, and 5% to Illinois recipients. These percentages are reported as shares of grant dollars and total 99%.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

DubuquePlattevilleDes MoinesEast DubuqueCascadeRichland CenterBentonDickeyvilleDyersvillePeostaAnkenyAppletonCovinaEpworthFennimoreMilwaukeeNeenahOregonWashington

Is Woodward Foundation Inc open to new grantees?

40%

first-time grantees, 2025

In 2025, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $10K; repeat grants $10K. How we count

Medians: $10K first-time, $6K repeat.

  • 50% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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

$0$50K$100K$150K15 grants2020 14 grants2021 13 grants2022 12 grants2023 15 grants2024 10 grants2025

From 2020 to 2025, annual grant giving ranged from $75K (2021) to $119K (2020). In 2025 it made 10 grants totaling $95K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
United Way (5 agencies in IA and WI) Dubuque, IAAnnual campaigns$25,600
Dubuque Community Y Dubuque, IANew facilities$12,500
Opening Doors Dubuque, IAFacilities renovation$10,000
Thompson Center on Lourdes Appleton, WIFacilities renovation$10,000
Crescent Community Health Center Dubuque, IAFacilities renovation$10,000
Hill & Dales Dubuque, IANew facility$8,000
Inspiring Community Inc Platteville, WIFacilities renovation$6,250
East Dubuque Public Library East Dubuque, ILFacilities renovation$5,000
Platteville Fire Department Platteville, WIFacilities renovation$5,000
Iowa College Foundation Des Moines, IAScholarships$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$11,126$65,289$95,322$95,35010$95,350$289$1,947
2024$41,159$65,299$95,884$95,85015$95,850$299$3,347
2023$71,744$130,047$100,000$100,00012$100,000$47$4,245
2022$41,697$130,010$94,545$94,54513$94,545$10$2,273
2021$6,232$65,002$75,350$75,35014$75,350$2$886
2020$16,580$130,004$119,350$119,35015—$4$1,363

Under IRS private-foundation payout rules, Woodward Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for annual campaigns, facilities and facility renovations, and scholarships. The grantees’ own descriptions show the range of organizations supported: Dubuque Community Y describes its work as creating opportunities for growth, leadership, and empowerment; Thompson Center on Lourdes describes programming for people aged 50 and older; Crescent Community Health Center says it provides affordable, comprehensive care; Opening Doors describes providing emergency and transitional housing for women; and Iowa College Foundation says it supports the growth and development of private colleges and universities in Iowa.

Grantmaking

In 2025, the foundation made 10 grants totaling $95,350. Grants ranged from $3,000 to $25,600, with a median grant of $9,000. The largest grants included $25,600 to United Way (5 agencies in Iowa and Wisconsin) for annual campaigns; $12,500 to Dubuque Community Y for new facilities; and $10,000 each to Opening Doors, Thompson Center on Lourdes, and Crescent Community Health Center for facilities renovations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Thomas Woodward as president, Steve Larson as treasurer, and Amy Wagner as secretary. It lists Bob Woodward, John Geffers, and Beth Lutgen as directors.

Woodward Foundation Inc is led by Thomas Woodward, President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas Woodward

    President

    On filings since 2020

    No compensation reported

  • Bob Woodward

    Director

    On filings since 2020

    No compensation reported

  • Beth Lutgen

    Director

    On filings since 2022

    No compensation reported

  • John Geffers

    Director

    On filings since 2023

    No compensation reported

  • Amy Wagner

    Secretary

    On filings since 2020

    No compensation reported

  • Steve Larson

    Treasurer

    On filings since 2020

    No compensation reported

Former officers (3)
  • Former: Mary Anne Drewek (2020–2022) — Director
  • Former: Jill Vanderpol (2020–2021) — Director
  • Former: Mary Ungs-Sogaard (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Woodward Foundation Inc

How much does Woodward Foundation Inc give each year?

Woodward Foundation Inc gave $95K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $96K across 15 grants.

What is Woodward Foundation Inc's typical grant size?

Woodward Foundation Inc's median grant in 2025 was $9,000, and its average grant was $9,535, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Woodward Foundation Inc that year got $10K on average.

Where does Woodward Foundation Inc give grants?

Woodward Foundation Inc gives mostly in Iowa: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Wisconsin (22%) and Illinois (5%). The most frequent recipient cities were Dubuque, IA (5 grants) and Platteville, WI (2 grants).

Does Woodward Foundation Inc give general operating support?

Not in 2025: none of the 10 grants with a stated purpose on Woodward Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Facilities renovation" (6 grants).

Who are Woodward Foundation Inc's largest grantees?

Woodward Foundation Inc's largest 2025 grantees include United Way (5 agencies in IA and WI) ($25,600), Dubuque Community Y ($12,500) and Opening Doors ($10,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.

How large is Woodward Foundation Inc?

Woodward Foundation Inc reported $11K in total assets on its 2025 IRS Form 990-PF. It paid out $95K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What does Woodward Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants included support for annual campaigns, facilities and facility renovations, and scholarships. See mission & focus areas ↑

How do I apply for a grant from Woodward Foundation Inc?

The foundation’s 2024 filing says applications should be submitted via the Foundation website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Woodward Foundation Inc's EIN?

Woodward Foundation Inc's EIN (Employer Identification Number) is 42-6070224. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 31, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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Cite this profile

Grantable. (2026). Woodward Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/woodward-foundation-inc-morg_a470c0a8fb414bb08832ce80a76c7f23

BibTeX
@misc{grantable_426070224_2026,
  author       = {{Grantable}},
  title        = {{Woodward Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/woodward-foundation-inc-morg_a470c0a8fb414bb08832ce80a76c7f23},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Woodward Foundation Inc'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.

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