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The Woolworth Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237004468 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Woolworth Foundation?

The Woolworth Foundation is a nonprofit organization situated in Shreveport, Louisiana, at 333 Texas Street 2100. Its primary mission is to provide financial support to the Louisiana Conference Board of Pensions of the United Methodist Church and Centenary College of Shreveport, located in the same state. This support is aimed at enriching the functions and operations of both the church and educational institution.

Is The Woolworth Foundation legitimate?

The Woolworth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Woolworth Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Woolworth Foundation?

The Woolworth Foundation's mission is centered around providing financial support. Specifically, it aims to contribute funds to two primary recipients: the Louisiana Conference Board of Pensions of the United Methodist Church South Central Jurisdiction and Centenary College of Shreveport, Louisiana. This support is instrumental in carrying out their respective operations and activities.

Who is the CEO of The Woolworth Foundation?

Eugene W Bryson Jr is the Director, President of The Woolworth Foundation.

What is the revenue of The Woolworth Foundation?

The Woolworth Foundation's revenue in 2022 was $6,614,721.

Who are the executives of The Woolworth Foundation and what are their salaries?


Here are 3 key members and their salaries:


Eugene W Bryson Jr (Director, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Goins (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William G Anderson (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Woolworth Foundation?

The Woolworth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Woolworth Foundation

The Woolworth Foundation's mission centers around providing financial assistance. Specifically, it aims to support two primary entities: the Louisiana Conference Board of Pensions of the United Methodist Church South Central Jurisdiction and Centenary College of Shreveport, Louisiana. In essence, the foundation's role is to offer financial resources to these two entities, contributing to their ongoing operations and initiatives. The foundation's operational funds are allocated towards the Louisiana Conference Board of Pensions, contributing to its overall functioning within the United Methodist Church South Central Jurisdiction. Similarly, the foundation provides financial support to Centenary College of Shreveport, a higher education institution located in Louisiana. This mission of The Woolworth Foundation serves to contribute to the financial stability and growth of these two entities, thereby potentially impacting the wider communities they serve.

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Impact




October, 2024

The Woolworth Foundation significantly impacts the community by providing essential funding to the Louisiana Conference Board of Pensions of the United Methodist Church and Centenary College in Shreveport, Louisiana. Its efforts support the financial stability and growth of these institutions, enabling them to fulfill their missions and serve their constituents effectively. By contributing to the pension board, the foundation plays a critical role in ensuring the well-being of clergy and church staff in the region. Additionally, its support for Centenary College fosters higher education opportunities, enriching the educational landscape and benefiting students in the area. The foundation's commitment to philanthropy strengthens both religious and educational communities, making a lasting difference in Shreveport and beyond.




This information is meant to be a general summary of The Woolworth Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,614,721 (2022)
Expenses
$3,309,610 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $212,723
  • Gross Receipts: $7,447,848

Assets and Liabilities:

  • Total Assets: $21,137,739
  • Total Liabilities: $3,938,796
  • Net Assets: $17,198,943

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Organization Details

Founding Year

1965

Principal Officer

Eugene W Bryson Jr

Main Address

333 TEXAS STREET 2100, SHREVEPORT, LA, 711015302

NTEE Category

Code: T900 - Philanthropy

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