Also known as: FOUNDATION INC
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Jerry & Alice Womack Foundation Inc. is a private corporation based in CHESAPEAKE, VA. The foundation received its IRS ruling in 2019. It holds total assets of $1.1M. Annual income is reported at $1.7M. Total assets have grown from $248K in 2018 to $1.2M in 2022. The foundation is governed by 4 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 2020 to 2023. According to available records, Jerry & Alice Womack Foundation Inc. has made 52 grants totaling $280K, with a median grant of $2K. Annual giving has grown from $38K in 2021 to $72K in 2023. Grantmaking activity was highest in 2022 with $170K distributed across 32 grants. Individual grants have ranged from $500 to $50K, with an average award of $5K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. 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.
Jerry & Alice Womack Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in VA, NC.
Jerry & Alice Womack Foundation Inc. has distributed a total of $280K across 52 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $500 to $50K.
Jerry & Alice Womack Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jerry & Alice Womack Foundation Inc. is headquartered in CHESAPEAKE, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William R Moss Iii | DIRECTOR | $10K | $0 | $10K |
| Alice A Womack | DIRECTOR | $10K | $0 | $10K |
| Robert R Carter | DIRECTOR | $10K | $0 | $10K |
| Jerry T Womack Jr | DIRECTOR | $10K | $0 | $10K |
Total Giving
$141K
Total Assets
$1.2M
Fair Market Value
$2K
Net Worth
$1.2M
Grants Paid
$72K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$60K
Total: N/A
Total Grants
52
Total Giving
$280K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
17
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Old Dominion UniversityEDUCATIONAL WELFARE | Norfolk, VA | $2K | 2023 |
| Salvation ArmyCOMMUNITY WELFARE/OUTREACH | Norfolk, VA | $1K | 2023 |
| Hruhca Memorial Scholarship FundEDUCATIONAL WELFARE | Suffolk, VA | $40K | 2023 |
| Kempsville Recreation AssociationCOMMUNITY OUTREACH | Virginia Beach, VA | $5K | 2023 |
| Oaklette United Methodist ChurchCOMMUNITY WELFARE/OUTREACH | Chesapeake, VA | $5K | 2023 |
| Harmony Baptist ChurchCOMMUNITY WELFARE/OUTREACH | Bunnlevel, NC | $5K | 2023 |
| Union Mission MinistriesCOMMUNITY WELFARE/OUTREACH | Norfolk, VA | $2K | 2023 |
| Portsmouth Humane SocietyANIMAL WELFARE SERVICES | Portsmouth, VA | $2K | 2023 |
| Chesapeake Humane SocietyANIMAL WELFARE SERVICES | Chesapeake, VA | $2K | 2023 |
| Virginia Beach SpcaANIMAL WELFARE SERVICES | Virginia Beach, VA | $2K | 2023 |
| Norfolk SpcaANIMAL WELFARE SERVICES | Norfolk, VA | $2K | 2023 |
| Cumnock Baptist ChurchCOMMUNITY WELFARE/OUTREACH | Sanford, NC | $2K | 2023 |
| Tidewater Community CollegeEDUCATIONAL WELFARE | Norfolk, VA | $1K | 2023 |
| Warwick Baptist ChurchCOMMUNITY WELFARE/OUTREACH | Hobbsville, NC | $500 | 2023 |
| Hobbsville Baptist ChurchCOMMUNITY WELFARE/OUTREACH | Hobbsville, NC | $500 | 2023 |
| Courthouse Veterinary ClinicANIMAL WELFARE SERVICES | Virginia Beach, VA | $5K | 2022 |
| ReafEMPLOYEE FUND | Norfolk, VA | $4K | 2022 |