ATLANTA, GA

Robert W Woodruff Foundation Inc.

Quick Facts

EIN: 581695425
Location: ATLANTA, GA
Category: Philanthropy & Grantmaking
Total Assets: $1.3B
Annual Income: $734.5M
IRS Ruling Year: 1986
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Robert W Woodruff Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1986. It holds total assets of $1.3B. Annual income is reported at $734.5M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$196.7M

2023+11%

Total Assets

$991.5M

2023+21%

Fair Market Value

$3.9B

2023

Net Worth

$991.5M

2023

Grants Paid

$189.6M

2023

Contributions

2023

Net Investment Income

$245.5M

2023

Distribution Amount

$181.6M

2023

Total Giving by Year

$118.1M

$135.9M

$158.4M

$125.2M

$146.4M

$135.7M

$159.5M

$170.2M

$177.1M

$196.7M

Asset Growth

$415.2M

$411.2M

$417.6M

$420.1M

$486.8M

$720.7M

$762.7M

$809.2M

$818.4M

$991.5M

Investment Portfolio (2023)

Total: $906.8M

Corporate Stock: $696.5M

Corporate Bonds: $169.5M

Government Obligations: $40.7M

Cash: $6K

Corporate Stock (77%)

Corporate Bonds (19%)

Government Obligations (4%)

Cash (0%)

Expense Breakdown (2023)

Grants Paid$189.6M

Officer Compensation$691K

Pension & Benefits$294K

Occupancy$114K

Travel & Conferences$44K

Accounting Fees$36K

Depreciation$4K

Printing & Publications$617

Revenue Sources (2023)

Capital Gains (Net): $135.9M
Dividends: $103.6M
Interest: $7.8M
Other Income: $1

Financial Details (2023)

Total Revenue: $247.3M
Total Expenses: $196.7M
Exempt Purpose Expenses: $191.1M
Required Distribution: $181.6M
Undistributed Income: $177.6M
Grants Approved (Future): $98M
Total Liabilities: $2K
Excise Tax: $3.4M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$358.5M

Average Grant

$7.2M

Median Grant

$3M

Total Giving by Year

$168.8M (20 grants)

$189.6M (30 grants)

Grant Range

Min$75K

Max$75M

Median: $3M

Smallest grantLargest grant

Openness to New Grantees (2023)

74%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

NY: $100K (1)

MA: $1M (1)

GA: $356.9M (47)

FL: $500K (1)

GA$356.9M (47)

MA$1M (1)

FL$500K (1)

NY$100K (1)

Past Grantees

Recipient	Location	Amount	Year
Community Foundation For Greater AtlantaEstablishment of the Woodruff and Whitehead Affordable Housing Donor Advised Fund.	Atlanta, GA	$75M	2023
Atlanta Beltline PartnershipCompletion of the 22-mile trail corridor loop ($75 million) and support for the Legacy Resident Retention Program ($2.5 million) and Partnership operations ($2.5 million).	Atlanta, GA	$18M	2023
Georgia Tech FoundationPhase III construction of Tech Square.	Atlanta, GA	$12.5M	2023
Ichauway Incorporated2023 capital and operating needs.	Newton, GA	$12M	2023
Robert W Woodruff Arts Center$67 million campaign to update facilities and community spaces.	Atlanta, GA	$10M	2023
Community Foundation For Greater AtlantaRenovation of Crestview Health and Rehabilitation Center, expansion of neighborhood outpatient centers, and other priority projects as part of Grady Health Systems $110 million campaign.	Atlanta, GA	$10M	2023
Georgia State University FoundationConstruction of training facilities ($10 million) and expansion of nursing education pipeline ($2 million) in partnership with Grady Health System.	Atlanta, GA	$7.7M	2023
Atlanta Historical Society Inc$49.5 million centennial anniversary campaign to improve the museum with new exhibits, digital storytelling, childrens offerings and campus updates.	Atlanta, GA	$6M	2023
Apf Support Inc Fbo Atlanta Police Foundation$90 million campaign to support a comprehensive public safety strategy.	Atlanta, GA	$6M	2023
University Of Georgia FoundationRenovation of the Holmes-Hunter Academic Building.	Athens, GA	$5M	2023
Trust For Public LandSupport of Chattahoochee RiverLands demonstration project.	Atlanta, GA	$5M	2023
Ichauway IncorporatedImplementation of master facilities plan.	Newton, GA	$2.6M	2023
Rabun Gap-Nacoochee School$9.5 million campaign to renovate Hodgson Hall.	Rabun Gap, GA	$2.5M	2023
American Cancer SocietySupport of research partnership with the Winship Cancer Institute.	Atlanta, GA	$2.5M	2023
Path Foundation$17.6 million campaign to add 18 new miles of trails.	Atlanta, GA	$2M	2023
Feeding GeorgiaSupport of matching capital grants for member food banks ($4,900,000) and a statewide hunger study ($100,000).	Atlanta, GA	$2M	2023
Park PrideContinued support of the Legacy Grant Program to support park improvement projects.	Atlanta, GA	$1.7M	2023
Emory UniversitySupport of the Rollins Epidemiology Fellowship program.	Atlanta, GA	$1.6M	2023
The Henry W Grady Health System Foundation IncConstruction of training facilities ($6.6 million) and expansion of nursing education pipeline ($5 million) in partnership with Georgia State University.	Atlanta, GA	$1.6M	2023
Robert W Woodruff Library Of The Auc IncCompletion of the Exhibition Hall for library serving the Atlanta University Center.	Atlanta, GA	$1.2M	2023
National Trust For Local NewsEstablishment of the Georgia Trust for Local News to strengthen community newspapers.	Lexington, MA	$1M	2023
Atlanta Educational Telecommunications Collaborative$10 million campaign to update technology, expand newsroom, and build digital audiences.	Atlanta, GA	$1M	2023
National Museum Of The Mighty Eighth Air Force$10 million campaign to expand the museum with new space for exhibitions, collections and education programs.	Savannah, GA	$750K	2023
Parkinson'S FoundationExpansion of research partnership with Morehouse School of Medicine to increase access to genetic testing and accelerate clinical trials for Parkinson's disease.	Miami, FL	$500K	2023
Grant Park ConservancyRenovation of the Southeast Quadrant, Ormond Plaza and Courtyard, and Park Care Center as part of $6 million campaign.	Atlanta, GA	$500K	2023
University Of Georgia FoundationSupport through 2024 of the Georgia Legislative Leadership Institute, a leadership development program for freshmen members of the Georgia General Assembly.	Athens, GA	$300K	2023
Georgia Center For NonprofitsSupport of operations and capacity-building programs to strengthen nonprofits in Georgia.	Atlanta, GA	$250K	2023
Georgia Council On Economic EducationSupport of programs to strengthen K-12 economics education in Georgia.	Atlanta, GA	$200K	2023
CandidSupport of Candid's Atlanta office.	New York, NY	$100K	2023
Georgia Press Educational FoundationSupport of the Capitol Beat news service bureau to provide coverage of state government.	Avondale Estates, GA	$75K	2023
Robert W Woodruff Health Sciences Center Fund IncSupport for Emory + Children's Pediatric Institute research plan.	Atlanta, GA	$35M	2022
Shepherd Center Foundation$286 million campaign to expand facilities and programs for neurological treatment, rehabilitation and research.	Atlanta, GA	$25M	2022
Georgia State University Foundation IncRenovation of the Bell Buildings to house student success services and the National Institute for Student Success.	Atlanta, GA	$15M	2022
Atlanta Beltline Partnership IncCompletion of the 22-mile trail corridor loop ($75 million) and support for the Legacy Resident Retention Program ($2.5 million) and Partnership operations ($2.5 million).	Atlanta, GA	$13M	2022
Georgia Tech FoundationPhase III construction of Tech Square.	Atlanta, GA	$12.5M	2022
Ichauway Incorporated2022 capital and operating needs.	Newton, GA	$11.2M	2022
Ichauway IncorporatedImplementation of master facilities plan.	Newton, GA	$10M	2022
The Henry W Grady Health System Foundation IncConstruction of training facilities ($6.6 million) and expansion of nursing education pipeline ($5 million) in partnership with Georgia State University.	Atlanta, GA	$8M	2022
Morehouse School Of MedicineCompletion of $25 million campaign to renovate the Hugh M. Gloster and Medical Education Buildings.	Atlanta, GA	$6M	2022
Apf Support Inc Fbo Atlanta Police Foundation$90 million campaign to support a comprehensive public safety strategy.	Atlanta, GA	$6M	2022
University Of Georgia FoundationRenovation of the Holmes-Hunter Academic Building.	Athens, GA	$5M	2022
Robert W Woodruff Arts Center IncSupport for operations as Art Partners transition to a new budget model.	Atlanta, GA	$4M	2022
Georgia State University Foundation IncConstruction of training facilities ($10 million) and expansion of nursing education pipeline ($2 million) in partnership with Grady Health System.	Atlanta, GA	$3.4M	2022
Emory UniversitySupport to expand the nurse residency program at Emory Healthcare ($5 million) and pilot a nurse fellowship program at Emory's Nell Hodgson Woodruff School of Nursing ($3.5 million).	Atlanta, GA	$3M	2022
Feeding Georgia IncSupport of matching capital grants for member food banks ($4,900,000) and a statewide hunger study ($100,000).	Atlanta, GA	$3M	2022
American Cancer Society IncSupport of research partnership with the Winship Cancer Institute.	Atlanta, GA	$2M	2022
Boys & Girls Clubs Of AmericaSupport for Clubs in Georgia and metro Atlanta to address learning loss related to the COVID-19 pandemic.	Atlanta, GA	$2M	2022
Emory UniversitySupport of the Rollins Epidemiology Fellowship program.	Atlanta, GA	$1.7M	2022
Atlanta Educational Telecommunications Collaborative$10 million campaign to update technology, expand newsroom, and build digital audiences.	Atlanta, GA	$1.5M	2022
Park Pride Atlanta IncExpansion of the Legacy Grant Program to support park improvement projects as part of $14 million campaign.	Atlanta, GA	$1.5M	2022