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Nonprofit · EIN 23-7004468

WOOLWORTH FOUNDATION

Tax-exempt · SHREVEPORT, LA 71101

Financials

$7.1M$9M2023$2.4M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of WOOLWORTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,392,511$3,414,620-$1,022,109$20,373,274$1,030,352$19,342,922
December 31, 2023990$7,073,190$9,003,452-$1,930,262$21,394,351$2,040,707$19,353,644
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$333,968
Net gain from sales of assets
-$11,755
Other revenue
$2,058,543

Expenses

Grants and similar amounts paid
$3,180,962
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,800
Accounting fees
$12,305
Occupancy
$9,418
Program services (functional)
$3,180,962
Management and general (functional)
$233,658

Balance sheet and other

Total assets, start of year
$21,394,351
Total assets, end of year
$20,373,274
Total liabilities, end of year
$1,030,352
Net assets, end of year
$19,342,922
Land, buildings and equipment
$3,638,090
Publicly traded securities
$9,817,380
Gross receipts
$4,149,327
Employees
0
Volunteers
0
Year formed
1965
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EUGENE W BRYSON JRDIRECTOR, PRESIDENT
Trustee or director, Officer
0$0
JAMES M GOINSDIRECTOR, TREASURER
Trustee or director, Officer
0$0
WILLIAM G ANDERSONDIRECTOR, SECRETARY
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
EUGENE W BRYSON JRDIRECTOR, PRESIDENT
Trustee or director, Officer
0$0
JAMES M GOINSDIRECTOR, TREASURER
Trustee or director, Officer
0$0
WILLIAM G ANDERSONDIRECTOR, SECRETARY
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
333 TEXAS ST STE 2100, SHREVEPORT, LA 71101-3673
In care of
% COMMERCIAL NATL BANK BLDG
Principal officer (990 for 2024)
EUGENE W BRYSON JR, 333 TEXAS STREET REGIONS TOWER, SUITE 2100, SHREVEPORT, LA 711015302
Signed the 990
EUGENE W BRYSON JR, DIRECTOR, PRESIDENT
Phone
(318) 227-2270
Return prepared by
COLE EVANS & PETERSON

Mission

TO PROVIDE FUNDS TO THE LOUISIANA CONFERENCE BOARD OF PENSIONS OF THE UNITED METHODIST CHURCH SOUTH CENTRAL JURISDICTION AND CENTENARY COLLEGE OF SHREVEPORT,LA.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATING FUNDS FOR THE LOUISIANA CONFERENCE BOARD OF PENSIONS OF THE UNITED METHODIST CHURCH.
    Expenses $3,175,962 · grants $3,175,962
  • SCHOLARSHIP ENDOWMENT TO CENTENARY COLLEGE, SHREVEPORT, LA.
    Expenses $5,000 · grants $5,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7004468
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,373,274
Income (IRS master file)
$4,149,327

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,392,511$3,414,620$20,373,274IRS
990December 2023$7,073,190$9,003,452$21,394,351XML
990December 2022$6,614,721$3,309,610$21,137,739IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7004468).

Questions about WOOLWORTH FOUNDATION

What is the EIN of WOOLWORTH FOUNDATION?
The employer identification number (EIN) of WOOLWORTH FOUNDATION is 23-7004468.
Is WOOLWORTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to WOOLWORTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does WOOLWORTH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WOOLWORTH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WOOLWORTH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WOOLWORTH FOUNDATION?
The 990 for the year ended December 31, 2024 names EUGENE W BRYSON JR.
Who are the officers and directors of WOOLWORTH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does WOOLWORTH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,392,511, expenses of $3,414,620 and total assets of $20,373,274 at year end.

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