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Willowcroft Foundation is a private corporation based in LEESBURG, VA. The foundation received its IRS ruling in 2009. The principal officer is % Lewis E S Parker. It holds total assets of $2M. Annual income is reported at $435K. REVIEWED THE INVESTMENT PORTFOLIO FOR THE FUND AND INITIATED CHANGES TO INCREASE INCOME FOR FUTURE GRANTS. According to available records, Willowcroft Foundation has made 1 grants totaling $25K, with a median grant of $25K. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
REVIEWED THE INVESTMENT PORTFOLIO FOR THE FUND AND INITIATED CHANGES TO INCREASE INCOME FOR FUTURE GRANTS.
REVIEWED NINE APPLICATION REQUESTS WITH QUALIFYING SCIENCE AND SELECTED FIVE AND FUNDED THREE.
REVIEWED THE PARTICIPATING TYPES OF MEDICAL SCIENCES TO SEE IF THERE WERE NEEDED ADDITIONS.
CONTINUED THE EXPANDED GRANT RELATIONSHIP WITH JOHN HOPKINS SCHOOL OF MEDICINE, DEPARTMENT OF SURGERY, FOR RESEARCH WORK OF MULTIPLE DOCTORS.
REVIEWED THE INVESTMENT PORTFOLIO FOR THE FUND AND INITIATED CHANGES TO INCREASE INCOME FOR FUTURE GRANTS. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in VA.
Willowcroft Foundation has distributed a total of $25K across 1 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $25K to $25K.
The application deadline is FEBRUARY 28TH OF EACH YEAR. GRANTEES ARE EXPECTED TO PURSUE A CAREER IN A SPECIALIZED FIELD CONSISTENT WITH THE CHARITABLE PURPOSES FOR WHICH THE FOUNDATION WAS ORGANIZED, WHICH INCLUDE MEDICAL RESEARCH OR STUDY AT COLLEGES, UNIVERSITIES OR GRADUATE SCHOOLS WITH A FOCUS ON MEDICAL RESEARCH. IN EACH CASE, IT IS STIPULATED THAT A RENEWAL OF THE GRANT FOR ANY SUCCEEDING PERIOD IS CONTINGENT UPON EVIDENCE OF ADEQUATE PERFORMANCE AT THE TIME OF THE REVIEW WHICH INCLUDES A GRANT PROGRESS REPORT DUE NO LATER THAN ONE MONTH FOLLOWING COMPLETION OF THE GRANT.
Willowcroft Foundation is headquartered in LEESBURG, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wayne M Zell | DIRECTOR | $0 | $0 | $0 |
| Lara Parker Major | DIRECTOR | $0 | $0 | $0 |
| Lewis E S Parker | PRESIDENT | $0 | $0 | $0 |
| Andrea L Cox | DIRECTOR | $0 | $0 | $0 |
Total Giving
$198K
Total Assets
$2M
Fair Market Value
$3.1M
Net Worth
$2M
Grants Paid
$180K
Contributions
$0
Net Investment Income
$243K
Distribution Amount
$137K
Total: $1.3M
Total Grants
1
Total Giving
$25K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
1
Most Common Grant
$25K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Virignia School Of Medicine Department Of SurgeryGRANT 1904 - DR. ILEANA MAULDIN | Charlottesville, VA | $25K | 2020 |
BOCA RATON, FL
LEAWOOD, KS
KENTFIELD, CA
CINCINNATI, OH
| 2020 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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