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Bruce Wood Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2020. The principal officer is % Lindsay Baghramyam. It holds total assets of $3.3M. Annual income is reported at $1.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bruce Wood Foundation has made 8 grants totaling $733K, with a median grant of $89K. The foundation has distributed between $168K and $387K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $387K distributed across 4 grants. Individual grants have ranged from $53K to $125K, with an average award of $92K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Bruce Wood Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in FL.
Bruce Wood Foundation has distributed a total of $733K across 8 grants. The median grant size is $89K, with an average of $92K. Individual grants have ranged from $53K to $125K.
Bruce Wood Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bruce Wood Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $36K | $0 | $36K |
Total Giving
$219K
Total Assets
$3.3M
Fair Market Value
$4.1M
Net Worth
$3.3M
Grants Paid
$178K
Contributions
$0
Net Investment Income
$146K
Distribution Amount
$195K
Total: $3.2M
Total Grants
8
Total Giving
$733K
Average Grant
$92K
Median Grant
$89K
Unique Recipients
3
Most Common Grant
$79K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Archways IncGENERAL OPERATING | Ft Lauderdale, FL | $125K | 2023 |
| Henderson Behavioral HealthGENERAL OPERATING | Laud Lakes, FL | $53K | 2023 |
| Henderson Behavioral Health IGENERAL OPERATING | Laud Lakes, FL | $100K | 2021 |
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