STRATEGY STUDIO / PUBLIC DATA EXPLORER

WOODWARD FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WOODWARD FAMILY FOUNDATION (EIN 47-2531774)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-17
IRS object ID
202521989349100622
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-17T14:29:54-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381348691PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Kerr Russell and Weber PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 Woodward Ave Ste 2500AddressLine1Txt
CityDetroitCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472531774EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Woodward Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWOODBusinessNameControlTxt
Phone3139610200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Woodward Avenue 2500AddressLine1Txt
CityDetroitCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLaurie A WoodwardPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2025-07-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCody AttishaPreparerPersonNm
PTINP01975797PTIN
Phone3139610200PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$949,036FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$104ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,766InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,766InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2,766InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$14,778DividendsRevAndExpnssAmt
Dividends Net Invst Incm$14,778DividendsNetInvstIncmAmt
Dividends Adj Net Incm$14,778DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$30,446NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$192,509GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$30,446CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$48,094TotalRevAndExpnssAmt
Total Net Invst Incm$47,990TotalNetInvstIncmAmt
Total Adj Net Incm$17,544TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$7,456LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$7,456LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$418OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$418OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,874TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,874TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$250,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$250,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$257,874TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,874TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$250,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$209,780ExcessRevenueOverExpensesAmt
Net Investment Income$40,116NetInvestmentIncomeAmt
Adjusted Net Income$17,544AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$267,027CashBOYAmt
Cash EOY$71,536CashEOYAmt
Cash EOYFMV$71,536CashEOYFMVAmt
Corporate Stock BOY$544,823CorporateStockBOYAmt
Corporate Stock EOY$524,940CorporateStockEOYAmt
Corporate Stock EOYFMV$877,500CorporateStockEOYFMVAmt
Total Assets BOY$811,850TotalAssetsBOYAmt
Total Assets EOY$596,476TotalAssetsEOYAmt
Total Assets EOYFMV$949,036TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$417,736CapitalStockBOYAmt
Capital Stock EOY$417,736CapitalStockEOYAmt
Retained Earning BOY$394,114RetainedEarningBOYAmt
Retained Earning EOY$178,740RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$811,850TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$596,476TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$811,850TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$596,476TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$811,850TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$209,780ExcessRevenueOverExpensesAmt
Subtotal$602,070SubtotalAmt
Other Decreases$5,594OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$596,476TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Various Bank of America - Short TermP2024-01-012024-12-31$48,019$61,681-$13,662-$13,662
Various Bank of America - Long TermP2023-01-012024-12-31$144,490$100,382$44,108$44,108
FieldValueIRS element (for citing)
Capital Gain Net Income$30,446CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$13,662NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$558InvestmentIncomeExciseTaxAmt
Subtotal$558SubtotalAmt
Tax Based On Investment Income$558TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,000EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$5,000TotalPaymentsAndCreditsAmt
Overpayment$4,442OverpaymentAmt
Applied To ES Tax$4,442AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Mark J StasaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3139610200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1500 Woodward Avenue Suite 2500AddressLine1Txt
CityDetroitCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Christina N Woodward
500 Woodward Avenue Suite 2500DetroitMI48226Secretary0.50$0
Laurie A Woodward
500 Woodward Avenue Suite 2500DetroitMI48226Treasurer0.50$0
Orrin A Woodward
500 Woodward Avenue Suite 2500DetroitMI48226President0.50$0
Lance A Wodward
500 Woodward Avenue Suite 2500DetroitMI48226Director0.50$0
Jeremiah P Woodward
500 Woodward Avenue Suite 2500DetroitMI48226Director0.50$0
Orrin J Woodward
500 Woodward Avenue Suite 2500DetroitMI48226Director0.50$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$903,872AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$140,459AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,044,331TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,044,331AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,665CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,028,666NetVlNoncharitableAssetsAmt
Minimum Investment Return$51,433MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$51,433MinimumInvestmentReturnAmt
Tax Based On Investment Income$558TaxBasedOnInvestmentIncomeAmt
Total Tax$558TotalTaxAmt
Distributable Before Adj$50,875DistributableBeforeAdjAmt
Distributable Before Ded$50,875DistributableBeforeDedAmt
Distributable As Adjusted$50,875DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$250,000ExpensesAndContributionsAmt
Qualifying Distributions$250,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$50,875DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$582,652ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$515,213ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$25,843ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$73,943ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$137,344ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,334,995TotalExcessDistributionCyovAmt
Qualifying Distributions$250,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$50,875AppliedToCurrentYearAmt
Remaining Distri From Corpus$199,125RemainingDistriFromCorpusAmt
Total Corpus$1,534,120TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$582,652ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$951,468ExcessDistriCyovToNextYrAmt
Excess From Year4$515,213ExcessFromYear4Amt
Excess From Year3$25,843ExcessFromYear3Amt
Excess From Year2$73,943ExcessFromYear2Amt
Excess From Year1$137,344ExcessFromYear1Amt
Excess From Current Year$199,125ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Care Net
44180 Riverside ParkwayLansdowneVA20176NonePCFor general operating support$50,000
Sunlight Christian Academy
477 SW Cashmere BlvdPort St LucieFL34986NonePCFor general operating supoort$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$250,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,766ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,778ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$30,446ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$47,990ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$47,990TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryKerr, Russell and Weber, PLCCategoryTxt
Legal Fees$7,456LegalFeesAmt
Net Investment Income$7,456NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Desc2025 Estimated Taxes and 2024 Tax PaymenDesc
Amt$5,594Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryAccount ManagementCategoryTxt
Amt$418Amt
Net Investment Income$418NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt