The Woodland Foundation

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

EIN: 834057982 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Woodland Foundation?

The Woodland Foundation is a nonprofit organization situated in Baton Rouge, Louisiana, with the primary objective of supporting an advanced banking institution named TSBS, Inc. The Foundation aims to collect donations and manage investments to fund TSBS, Inc.'s operations, as well as other educational and professional pursuits that align with its nonprofit status under Section 501 c 3 of the Internal Revenue Code. The Foundation's purpose is to contribute to the growth and development of the banking sector through its support of TSBS, Inc.

Is The Woodland Foundation legitimate?

The Woodland Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Woodland 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 Woodland Foundation?

The Woodland Foundation is established with the primary objective of supporting an advanced school of banking named TSBS, Inc. The foundation accepts donations and manages funds to facilitate the operation of this banking institution. Additionally, the foundation is committed to backing other educational and professional pursuits that align with its nonprofit status under Section 501 c 3 of the Internal Revenue Code. The foundation's mission is outlined in its Articles of Incorporation, detailing its dedication to supporting TSBS, Inc. and other compatible educational endeavors.

What is the revenue of The Woodland Foundation?

The Woodland Foundation's revenue in 2024 was $136,138.

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

There 7 volunteers at The Woodland Foundation.

Here are 7 key members and their salaries:


John Naughton (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $48,419
Joseph D Hudgins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Allen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Barrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott E Latham (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen David (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Green (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Woodland Foundation?

The Woodland Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Woodland Foundation

The Woodland Foundation is a non-profit organization with a mission to support an advanced school of banking known as TSBS, Inc. The Foundation's primary purpose is to accept donations and manage funds to aid in the operation of TSBS, Inc. Beyond this, The Woodland Foundation also has a broader mandate to support various educational and professional endeavors that align with its status as a nonprofit organization under Section 501 c 3 of the Internal Revenue Code. This mission, as outlined in the Articles of Incorporation, is to contribute to the advancement of banking education and other related professional fields, all while adhering to its nonprofit status.

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Impact




October, 2024

The Woodland Foundation plays a crucial role in supporting the operations of an advanced school of banking, known as TSBS, Inc. By accepting donations and strategically investing funds, it bolsters the financial resources necessary for educational and professional development within the banking sector. This support not only enhances the quality and availability of banking education but also contributes to the professional growth of individuals in the industry.

Located in Baton Rouge, Louisiana, the Foundation is dedicated to promoting excellence in banking education, ensuring that students and professionals have access to essential resources and training. Its impact extends beyond immediate educational support, fostering a knowledgeable workforce that can adapt to the evolving demands of the financial industry. Through its commitments, The Woodland Foundation creates a lasting influence on the banking sector, ultimately benefiting the broader economic landscape.




This information is meant to be a general summary of The Woodland 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
$136,138 (2024)
Expenses
$312,977 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $234,274
  • Gross Receipts: $4,390,866

Assets and Liabilities:

  • Total Assets: $6,991,986
  • Total Liabilities: $0
  • Net Assets: $6,991,986

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Organization Details

Founding Year

2019

Principal Officer

John Naughton

NTEE Category

Code: B19 - Education

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