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Nonprofit · EIN 38-1775875

GREENWOOD FOUNDATION

Also known as JOHN FINDLAY

Tax-exempt · WOLVERINE, MI 49799

Financials

$3.3M$1M2023$1.7M$985K2024$1.8M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of GREENWOOD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990-PF$1,806,605$1,164,471$642,134$40,376,151$6,381$40,369,770
May 31, 2025990-PF$1,704,238$984,661$719,577$37,590,865$5,024$37,585,841
May 31, 2024990-PF$3,280,567$1,008,196$2,272,371$35,687,325$14,328$35,672,997
Financial details: 990-PF for the year ended May 31, 2026

Revenue

Dividends
$935,394
Net gain from sales of assets
$871,211

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$228,853
Salaries, compensation and benefits (total)
$226,747
Disbursements for charitable purposes
$859,564
Excise tax on investment income
$22,387

Balance sheet and other

Total assets, start of year
$37,590,865
Total assets, end of year
$40,376,151
Total liabilities, end of year
$6,381
Net assets, end of year
$40,369,770
Fair market value of assets
$42,454,811
Qualifying distributions
$1,223,967
Net investment income
$1,806,605

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-PF for the year ended May 31, 2026, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TY RATLIFF
PO BOX 190, WOLVERINE, MI 497990190
VP/SEC/TTEE/EMP36$91,304$44,661
PHILIP COPELAND
PO BOX 190, WOLVERINE, MI 497990190
EMPLOYEE
Highest-paid employee
40$78,016$4,617
JOHN R FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
PRES/TREAS/TTEE/EMP24$66,396$3,320
KYLE WECKESSER
PO BOX 190, WOLVERINE, MI 497990190
EMPLOYEE
Highest-paid employee
40$65,206$10,389
MARTHA MCCAULEY
PO BOX 190, WOLVERINE, MI 497990190
TTEE/EMP20$16,807$6,365
CLAIRE A FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
MICHELLE FORTON
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
HARRIET K MCGRAW
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
REBECCA HECKMAN
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
WAYNE HUNTER
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
GLEN MATTHEWS
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
990-PF for the year ended May 31, 2025: 11 people
NameTitleHours / weekCompensationOther / benefits
TY RATLIFF
PO BOX 190, WOLVERINE, MI 497990190
VP/TTEE/EMP32$75,630$38,616
PHILIP COPELAND
PO BOX 190, WOLVERINE, MI 497990190
EMPLOYEE
Highest-paid employee
40$72,260$3,276
KYLE WECKESSER
PO BOX 190, WOLVERINE, MI 497990190
EMPLOYEE
Highest-paid employee
40$63,630$7,690
JOHN R FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
PRES/TREAS/TTEE/EMP20$57,360$2,627
MARTHA MCCAULEY
PO BOX 190, WOLVERINE, MI 497990190
SEC/TTEE/ASST TREAS/EMP20$43,170$17,327
CLAIRE A FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
MICHELLE FORTON
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
HARRIET K MCGRAW
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
NANCY SLOAN
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
WAYNE HUNTER
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
GLEN MATTHEWS
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
990-PF for the year ended May 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
DAVID L MCCAULEY
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE/EMPLOYEE40$82,250$33,962
TY RATLIFF
PO BOX 190, WOLVERINE, MI 497990190
VP/TTEE/EMP28$57,650$33,994
JOHN R FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
PRES/TREAS/TTEE/EMP20$55,400$2,986
MARTHA MCCAULEY
PO BOX 190, WOLVERINE, MI 497990190
SEC/ASST TREAS/EMP32$54,442$3,418
CLAIRE A FINDLAY
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
MICHELLE FORTON
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
HARRIET K MCGRAW
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
NANCY SLOAN
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0
WAYNE HUNTER
PO BOX 190, WOLVERINE, MI 497990190
TRUSTEE0$0$0

Address and contacts

Address (IRS master file)
PO BOX 190, WOLVERINE, MI 49799-0190
In care of
% GEORGE H JURY
Signed the 990-PF
JOHN R FINDLAY, PRESIDENT
Phone
(231) 525-8660
Return prepared by
DGN LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990-PF on file
2024May 31, 2025October 15, 2025990-PF on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
38-1775875
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1966
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$37,590,865
Income (IRS master file)
$17,513,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2026$1,806,605$1,164,471$40,376,151XML
990-PFMay 2025$1,704,238$984,661$37,590,865IRS
990-PFMay 2024$3,280,567$1,008,196$35,687,325XML
990-PFMay 2023–––IRS
990-PFMay 2022–––IRS
990-PFMay 2021–––IRS
990-PFMay 2019–––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 38-1775875).

Questions about GREENWOOD FOUNDATION

What is the EIN of GREENWOOD FOUNDATION?
The employer identification number (EIN) of GREENWOOD FOUNDATION is 38-1775875.
Is GREENWOOD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to GREENWOOD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does GREENWOOD FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GREENWOOD FOUNDATION due?
The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREENWOOD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2026.
Who are the officers and directors of GREENWOOD FOUNDATION?
The 990-PF for the year ended May 31, 2026 lists 11 people; 5 received compensation from the organization, the highest $91,304 (TY RATLIFF, VP/SEC/TTEE/EMP).
How much revenue does GREENWOOD FOUNDATION have?
On its 990-PF for the year ended May 31, 2026 it reported revenue of $1,806,605, expenses of $1,164,471 and total assets of $40,376,151 at year end.

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