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Homa & Irene Wood Foundation is a private corporation based in TEMPE, AZ. The foundation received its IRS ruling in 1997. The principal officer is Douglas K Cook. It holds total assets of $7.9M. Annual income is reported at $657K. The foundation is governed by 3 officers and trustees. 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 2021 to 2024. Grantmaking is concentrated in Arizona. According to available records, Homa & Irene Wood Foundation has made 40 grants totaling $2.3M, with a median grant of $16K. Annual giving has grown from $522K in 2021 to $636K in 2024. Individual grants have ranged from $3K to $345K, with an average award of $57K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Arizona, Utah, Idaho, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$11K
Average Grant
$51K
Largest Grant
$318K
Based on 11 grants from the most recent 990-PF filing.
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.
Homa & Irene Wood Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in AZ, UT, ID.
Homa & Irene Wood Foundation has distributed a total of $2.3M across 40 grants. The median grant size is $16K, with an average of $57K. Individual grants have ranged from $3K to $345K.
Homa & Irene Wood Foundation typically selects its grantees rather than accepting unsolicited proposals.
Homa & Irene Wood Foundation is headquartered in TEMPE, AZ. While based in AZ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas K Cook | DIRECTOR | $11K | $0 | $11K |
| Jeffrey C Mcmullin | TREASURER | $11K | $0 | $11K |
| Lynette Peterson | DIRECTOR | $11K | $0 | $11K |
Total Giving
$749K
Total Assets
$8.2M
Fair Market Value
$11.9M
Net Worth
$8.2M
Grants Paid
$636K
Contributions
N/A
Net Investment Income
$427K
Distribution Amount
$557K
Total: $7.4M
Total Grants
40
Total Giving
$2.3M
Average Grant
$57K
Median Grant
$16K
Unique Recipients
15
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brigham Young UniversitySCHOLARSHIPS | Provo, UT | $12K | 2024 |
| Arizona State UniversitySCHOLARSHIPS | Tempe, AZ | $311K | 2024 |
| Northern Arizona UniversitySCHOLARSHIPS | Flagstaff, AZ | $153K | 2024 |
| Student SupportSTUDENT SUPPORT - COMPUTERS AND BOOKS | Tempe, AZ | $53K | 2024 |
| University Of ArizonaSCHOLARSHIP | Tucson, AZ | $46K | 2024 |
| Grand Canyon UniversitySCHOLARSHIPS | Phoenix, AZ | $29K | 2024 |
| Mesa Community CollegeSCHOLARSHIPS | Mesa, AZ | $11K | 2024 |
| Embry Riddle Aeronautical UniversitySCHOLARSHIPS | Prescott, AZ | $8K | 2024 |
| Brigham Young University - IdahoSCHOLARSHIPS | Rexburg, ID | $7K | 2024 |
| South Mountain Community CollegeSCHOLARSHIPS | Phoenix, AZ | $3K | 2024 |
| Chandler Gilbert Community CollegeSCHOLARSHIPS | Chandler, AZ | $3K | 2024 |
| Gonzaga UniversitySCHOLARSHIPS | Spokane, WA | $3K | 2024 |
| Park UniversitySCHOLARSHIPS | Parkville, MO | $3K | 2023 |
| Aspen UniversitySCHOLARSHIPS | Phoenix, AZ | $5K | 2022 |
| Pima Medical InstituteSCHOLARSHIPS | Mesa, AZ | $3K | 2022 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ