Form 990 for tax year 2022
Filed by SHADOW WOOD CHARITABLE FOUNDATION INC.
Totals
- Total revenue
- $1,642,314
- Total expenses
- $1,570,029
- Contributions and grants received
- $1,543,110
- Grants paid
- $1,535,351
- Program service revenue
- $0
- Investment income
- $1,937
- Other revenue
- $97,267
- Total assets, end of year
- $503,357
- Total liabilities, end of year
- $28,560
- Net assets or fund balances, end of year
- $474,797
- Program services expenses (Part IX)
- $1,535,351
- Management and general expenses
- $28,167
- Fundraising expenses
- $6,511
- Program service expenses (Part III)
- $1,535,351
Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$357,891
-
1f · All other contributions, gifts and grants
$1,185,219
-
1g · Noncash contributions included above
$145,666
-
3 · Investment income
total $1,052 · excluded $1,052
-
7a · Gross sales of assets other than inventory
securities $39,866
-
7b · Less cost or other basis and sales expenses
securities $38,981
-
7c · Gain or loss
securities $885
-
7d · Net gain or loss
total $885 · related or exempt $885
-
8a · Fundraising events: gross income
$178,169
-
8a · Fundraising events: contributions included on line 1c
$357,891
-
8b · Fundraising events: direct expenses
$248,921
-
8c · Net income from fundraising events
total -$70,752 · excluded -$70,752
-
9a · Gaming: gross income
$196,220
-
9b · Gaming: direct expenses
$29,426
-
9c · Net income from gaming
total $166,794 · excluded $166,794
-
11a · Other revenue: HANDBAGS
total $1,225 · related or exempt $1,225
-
11e · Other revenue, total
$1,225
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,535,351 · program services $1,535,351
-
11g · Fees: other
total $6,125 · management and general $6,125
-
13 · Office expenses
total $19,723 · management and general $19,723
-
23 · Insurance
total $1,700 · management and general $1,700
-
24a · Other expenses: FUNDRAISING
total $6,511 · fundraising $6,511
-
24b · Other expenses: MISCELLANEOUS
total $619 · management and general $619
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $958 · end of year $953
-
2 · Savings and temporary cash investments
beginning of year $424,711 · end of year $495,066
-
3 · Pledges and grants receivable
beginning of year $725 · end of year $500
-
9 · Prepaid expenses and deferred charges
beginning of year $4,350 · end of year $6,838
-
17 · Accounts payable and accrued expenses
end of year $16,660
-
19 · Deferred revenue
beginning of year $28,232 · end of year $11,900
-
27 · Net assets without donor restrictions
beginning of year $402,512 · end of year $474,797
Mission and programs · 2022
Mission
SHADOW WOOD CHARITABLE FOUNDATION, INC. IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. THE FOUNDATION RAISES FUNDS AND DISTRIBUTES THEM TO SECTION 501 (C)(3) CHARITIES THAT SERVE THOSE RESIDENTS THROUGH SOCIAL SERVICE PROGRAMS. IT ALSO HAS SCHOLARSHIP AWARD AND EMERGENCY RELIEF PROGRAMS FOR THE BENEFIT OF EMPLOYEES, AND FAMILIES OF EMPLOYEES, OF SHADOW WOOD COUNTRY CLUB AND SHADOW WOOD COMMUNITY ASSOCIATION, AND A SCHOLARSHIP PROGRAM FOR THE BENEFIT OF GRADUATING SENIORS OF TWO LOCAL HIGH SCHOOLS.
-
THE FOUNDATION IS COMMITTED TO SUPPORTING CHARITABLE PROGRAMS THAT IMPROVE THE LIVES OF SOUTHWEST FLORIDA RESIDENTS IN NEED. DURING THE YEAR ENDED MARCH 31, 2023, THE FOUNDATION MADE GRANTS IN EXCESS OF 1,500,000 TO 15 CHARITABLE ORGANIZATIONS SERVING THOSE RESIDENTS. SEE SCHEDULE I FOR THE NAMES OF EACH OF THE CHARITIES RECEIVING GRANTS IN EXCESS OF 5,000 FROM THE FOUNDATION IN THE YEAR ENDED MARCH 31, 2023, AND THE AMOUNT RECEIVED BY EACH OF THOSE CHARITIES.
Expenses $1,535,351 · Grants $1,535,351
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
TRACY DANKOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
ERIC GANZ
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
WILLIAM C HEWINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
MICHAEL J LAFORTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
SUSAN NICOLETTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
RENEE POPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
DOUG TIMMEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
NORMAN WELLS
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 7
-
TOD C WILCOCK
SECRETARY
- Total calculated
- $0
- Hours/week
- 7
-
STEPHEN ZENTZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
HABITAT FOR HUMANITY OF LEE & HENDR
$386,100
SEE PART IV
-
NEW HORIZONS OF SOUTHWEST FLORIDA
$190,000
SEE PART IV
-
GUARDIAN AD LITEM-20TH JUDICIAL CIR
$137,100
SEE PART IV
-
INTERFAITH CHARITIES OF SOUTH LEE
$120,940
SEE PART IV
-
COMMUNITY FOUNDATION OF COLLIER CNT
$116,000
-
HEARTS & HOMES FOR VETERANS INC
$113,500
SEE PART IV
-
$95,000
SEE PART IV
-
$75,000
SEE PART IV
-
SEE PART IV
-
$55,500
SEE PART IV
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312839349301616
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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