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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 is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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
N/A
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
$115K
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 |