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WOOD FAMILY FOUNDATION INC

ODESSA, TX 752806006 HTTPS://WOODFOUNDATIONODESSA.ORG/

The Wood Family Foundation Inc, located in Odessa, Texas, supports arts, education, and human services across several U.S. cities and states, with assets of over $43 million and a focus on philanthropy.

Overview

About WOOD FAMILY FOUNDATION INC

The Wood Family Foundation Inc, based in Odessa, Texas, is a philanthropic organization with assets totaling $43,423,708. The foundation's annual expenses amount to $2,879,004, while its revenue is $3,630,893. The foundation focuses on supporting initiatives in arts and culture, performing arts, education, higher education, philanthropy, nonprofits, and human services. It provides funding to various cities across the United States, including Gaithersburg, Houston, Los Gatos, Lubbock, Midland, Odessa, Plano, Portales, San Antonio, San Jose, San Marcos, Sealy, and Weslaco, and operates in states such as California, Maryland, New Mexico, and Texas. Key personnel include Jack Wood (VP/Asst Sec), Donald E. Wood (Pres/Sec-Treas), and Brenda Denton (Asst Sec), all of whom serve without compensation. More information can be found on their website at https://woodfoundationodessa.org/.

Focus Areas

Arts and culturePerforming artsEducationHigher educationPhilanthropyNonprofitsHuman services- Less

Geographic Focus

CAMDNMTX
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Average Grant Size

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Sample Match Score

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87%
Excellent compatibility match
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Key Statistics
Total Assets $43.4M
Total Awarded This Year $2.0M
Average Grant Size $89K
Total Grants (Previous Year) 5,040
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
ODESSA, TX US
Geographic Funding Distribution

Financials

Total Assets
$43,423,708

in 2024, compared to $42,704,337 in 2023

Annual Grants
$2,040,571

23 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
64 grants found
Amount
Recipient
Purpose Location
Year
$1,430,000 ODESSA COLLEGE
WOOD MATH & SCIENCE BUILDING
201 W UNIVERSITY ODESSA, TX US 2022
$700,000 ODESSA COLLEGE
OC WOOD HEALTH & SCIENCE BLDING
201 W UNIVERSITY ODESSA, TX US 2023
$700,000 ODESSA COLLEGE FOUNDATION
DOLLARS FOR SCHOLARS
201 W UNIVERSITY ODESSA, TX US 2024
$428,571 IDEA PUBLIC SCHOOLS
OPERATIONS
2115 W PIKE BLVD WESLACO, TX US 2022
$428,571 IDEA PUBLIC SCHOOLS
OPERATIONS
2115 W PIKE BLVD WESLACO, TX US 2023
$428,571 IDEA PUBLIC SCHOOLS
OPERATIONS
2115 W PIKE BLVD WESLACO, TX US 2024
$201,000 THE ELLEN NOEL ART MUSEUM
OPERATIONS
4909 E UNIVERSITY BLVD ODESSA, TX US 2022
$201,000 THE ELLEN NOEL ART MUSEUM
OPERATIONS
4909 E UNIVERSITY BLVD ODESSA, TX US 2023
$200,000 THE ELLEN NOEL ART MUSEUM
OPERATIONS
4909 E UNIVERSITY BLVD ODESSA, TX US 2024
$200,000 NONPROFIT MANAGEMENT CENTER
OP
3500 N A ST 2300 MIDLAND, TX US 2024
Only the first 10 grants are currently displayed out of 64 total

People

Leadership & Staff

Compensation data from most recent available 990 forms

JW

JACK WOOD

VP/ASST SEC

$0 2022
DEW

DONALD E WOOD

PRES/SEC-TREAS

$0 2022
BD

BRENDA DENTON

ASST SEC

$0 2022
JW

JACK WOOD

VP/ASST SEC

$0 2023
DEW

DONALD E WOOD

PRES/SEC-TREAS

$0 2023
Showing 5 of 9 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024