GrantAuthority

The Ward Economic Development Corporation

Grantmaking foundation in Los Angeles, California · EIN 95-4206960

Total giving
$1.3MTax year 2023
Total assets
$7.4MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

WARD ECONOMIC DEVELOPMENT CORPORATION (WEDC) WAS INCORPORATED ON NOVEMBER 12, 1987 PURSUANT TO THE GENERAL NONPROFIT CORPORATION LAW OF THE STATE OF CALIFORNIA. WEDC WAS CREATED TO ACHIEVE THE FOLLOWING: (1) TO IDENTIFY AND PURSUE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN THE CITY OF LOS ANGELES (2) PROVIDE 91 UNITS OF LOW-INCOME HOUSING THROUGH THE OPERATIONS OF TUELYN TERRACE AND (3) THE OPERATION AND AVAILABILITY OF ADDITIONAL LOW-INCOME AFFORDABLE HOUSING UNITS AT VARIOUS SCATTERED SITES IN LOS ANGELES.

Quoted from the foundation's IRS filing.

Giving by year

$2.7M2022
$1.3M2023

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Los Angeles City Counsel District 8 Community Activities Grant$170K2022
Al Wooten Jr Youth Center$75K2022
Baby (Brothers Against Banging Youth)$75K2022
Bethel La Community Development Corporation$75K2022
Bridge Builders Foundation Inc$75K2022

Amounts are rounded. The full grantee list is available with a free account.

Website: www.ward-edc.org

See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.

Similar foundations in California

Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.