The Woodard Foundation Inc

The future is education

Lansing, MI   |  http://www.woodardfoundation.org

Mission

Our mission is to change the student debt crisis! The Woodard Foundation’s mission is to empower every student at any level of their academic career. The way we plan on helping is providing scholarships for students. Helping pave the way because the future is education.

Ruling year info

2020

President

Mr Caleb E Woodard

Main address

PO Box 26004

Lansing, MI 48909 USA

Show more contact info

EIN

85-1259962

NTEE code info

Fund Raising and/or Fund Distribution (B12)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

In the first quarter of 2020, the estimated student debt is $1.5 trillion! The average student debt has increased by $765.2 million from 2010 - 2020. According to the Federal Student Aid Office, the percentage of debt has increased by over 100% in 10 years. Source: https://studentaid.gov/data-center/student

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

The Dream Scholarship

The Dream Scholarship is just what the name says. Its seed money for you to start your dream in education.

Population(s) Served
Adolescents
Young adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of students who demonstrate the desire to succeed in the academic setting

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults, Adolescents, Parents

Related Program

The Dream Scholarship

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

The goal is to give out the first scholarship for the first 2021 semester.

Number of students who receive scholarship funds and/or tuition assistance

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults, Children and youth, Parents

Related Program

The Dream Scholarship

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

The goal is to give out the first scholarship for the first 2021 semester.

Number of people who graduate from college with no student loan debt

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, Young adults, Parents

Related Program

The Dream Scholarship

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

Not enough information on this metric.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Woodard Foundation hopes to provide scholarships starting at $500 up to $5,000 to help any college student at any institution cover educational expenses.

Connecting with local universities and colleges through the network of the staff and board. As well as connecting with business networking groups such as the Michigan Chamber of Commerce.

The necessity and the network available.

So far The Woodard Foundation has gotten all the necessary paperwork filed with the IRS, State of Michigan, and the Federal Government to operate.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

    Staff find it hard to prioritize feedback collection and review due to lack of time, It is difficult to identify actionable feedback

Financials

The Woodard Foundation Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

The Woodard Foundation Inc

Board of directors
as of 02/22/2022
SOURCE: Self-reported by organization
Board chair

Mr Caleb Woodard

Bank of America

Term: 2020 -

William B Wheeler

America's 22

Cynthia K Woodard

Psalm 91 Church

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 2/4/2021
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Gay, lesbian, bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

Equity strategies

Last updated: 02/04/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.