The Dorothy Woodward Memorial

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

EIN: 856061229 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is The Dorothy Woodward Memorial?

The Dorothy Woodward Memorial is a nonprofit organization located at 6211 SAN MATEO BLVD NE STE 100, Albuquerque, NM 87109. Their primary mission involves generating investment income and providing grants to the Regents of the University of New Mexico, specifically for the History Department. These grants are intended to support research projects focusing on Southwestern United States history. The Dorothy Woodward Memorial's contributions aim to advance historical knowledge and understanding in this region.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating. This high score signifies that The Dorothy Woodward Memorial is excelling in accountability and finance, which is a crucial aspect for potential donors. The organization demonstrates transparency and responsible management of funds, ensuring that a significant portion of donations directly supports its programs.

The nonprofit boasts a completely independent board, with 14 members, which enhances its governance and decision-making processes. The absence of any material diversion of assets further showcases its financial integrity. Additionally, the charity has established strong policies regarding conflicts of interest, whistleblower protections, and document retention, contributing to its robust accountability framework.

A notable strength is the charity's impressive program expense ratio of 99.97%, indicating that nearly all of its expenditures are directed towards its mission-related activities. This commitment to maximizing program impact is commendable. However, while the overall metrics reflect a well-managed organization, the summary does not provide insights into the specific programs or outcomes achieved by the charity, which could enhance understanding of its effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is The Dorothy Woodward Memorial legitimate?

The Dorothy Woodward Memorial is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dorothy Woodward Memorial 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 Dorothy Woodward Memorial?

The Dorothy Woodward Memorial's mission is centered around generating investment income and making grants. These grants are specifically intended for the benefit of the History Department within the Regents of the University of New Mexico. The primary purpose of these grants is to support research projects focused on Southwestern United States history.

What is the revenue of The Dorothy Woodward Memorial?

The Dorothy Woodward Memorial's revenue in 2024 was $31,207.

Who are the executives of The Dorothy Woodward Memorial and what are their salaries?

Here are 18 key members and their salaries:


Mark Benak Trustee (Chair)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Bernard E Brummell Trustee (Vice Chairma)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Harold W Lavender Jr Trustee (Secretary)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Christopher Pacheco Trustee (Assistant Se)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Suzanne Barker (Director)
  • Compensation: $0
  • Related: $2,000
  • Other: $0
James G Dobbie Trustee (Director)
  • Compensation: $0
  • Related: $2,000
  • Other: $0
Ed Garcia Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
David Walker Trustee (Dickinson Co)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Doug Brown Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Carol Graebner Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Cynthia Schultz Trustee (Director)
  • Compensation: $0
  • Related: $2,000
  • Other: $0
Olivia Padilla-Jackson Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Ken Marvel Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
James B Lewis Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Larry Lujan Trustee (Director)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Kim Sanchez Rael Trustee (Unm Represen)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Lee Trustee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riis Gonzales (President &)
  • Compensation: $0
  • Related: $303,095
  • Other: $28,521
Where can I find the form 990 for The Dorothy Woodward Memorial?

The Dorothy Woodward Memorial's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Dorothy Woodward Memorial

The Dorothy Woodward Memorial is a philanthropic entity with a specific mission. Its primary objective is to generate investment income and subsequently, make grants to the Regents of the University of New Mexico. These grants are intended for the benefit of the History Department within the university. The funds distributed are intended to support research projects focusing on the Southwestern United States' history. By doing so, The Dorothy Woodward Memorial contributes significantly to the advancement of historical studies in this region. In the upcoming fiscal year, the organization has committed to granting 54,500 dollars to the Regents of the University of New Mexico for these purposes.

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Impact




October, 2024

The Dorothy Woodward Memorial significantly enhances the educational landscape by generating investment income to fund vital research within the History Department of the University of New Mexico. With a substantial grant of $54,500 dedicated to supporting research projects focused on Southwestern United States history, the Memorial plays a crucial role in fostering academic exploration and preserving regional heritage. This financial support not only aids scholars and students in their pursuit of knowledge but also contributes to a broader understanding of the historical narratives that shape the cultural identity of the Southwest. By facilitating such research endeavors, the Memorial leaves a lasting impact on both academia and the community, promoting a deeper appreciation for the history of this region.




This information is meant to be a general summary of The Dorothy Woodward Memorial. 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
$31,207 (2024)
Expenses
$55,218 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $14,458
  • Gross Receipts: $87,783

Assets and Liabilities:

  • Total Assets: $638,600
  • Total Liabilities: $54,500
  • Net Assets: $584,100

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Organization Details

Founding Year

1969

Principal Officer

Riis Gonzales

NTEE Category

Code: B82 - Education

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