Liabilities / Assets
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
57th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$24,470
No earlier filing loaded for comparison.
Net Assets
$24,470
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$55,000
No earlier filing loaded for comparison.
Expenses
$277,109
No earlier filing loaded for comparison.
Net Income
-$222,109
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 14, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $55,000
Mission and Program Overview
Mission
The organization will empower next generation medical technology entrepreneurs by reducing the technology, regulatory and financial risks associated with translating academic research to commercial purposes by providing doctorial and postdoctoral fellowships and mentorship for aspiring medical technology entrepreneurs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EMPOWERING NEXT GENERATION MEDICAL TECHNOLOGY ENTREPRENEURS BY PROVIDING DOCTORIAL AND POSTDOCTROL FELLOWSHIPS | $250,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHRISTOPHER S LEE | Chairman/President/Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Woodbridge Foundation Inc
- EIN
- 83-1633036
- Phone
- 4049610001
- Address
- 3344 PEACHTREE ROAD NE NO 3005, ATLANTA, GA 30326
Signing Officer
- Name
- Christopher S Lee
- Title
- President
- Phone
- 4044610001
- Signed
- 2020-05-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Frazier & Deeter LLC
- Address
- 1230 PEACHTREE STREET NE SUITE 1500, ATLANTA, GA 30309
- Preparer
- Terri E Lawson
- Phone
- 4042537500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: charitable. Grantee name: duke university. Grantee address: 2080 duke university road durham, nc 27708. Property description: cash. Date of gift: 01/07/19. Amount given: 150,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: charitable. Grantee name: georgia tech foundation, inc. Grantee address: 760 spring street, nw, ste 400 atlanta, ga 30308. Property description: cash. Date of gift: 02/20/19. Amount given: 100,000. Total included on form 990-ez, line 10: 250,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: travel and conferences. Amount: 7,902. Description: bank charges. Amount: 15. Description: telephone. Amount: 317. Total to form 990-ez, line 16: 8,234.”
Raw XML Appendix141 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHRISTOPHER S LEE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4049610001 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3344 PEACHTREE ROAD NE 3005 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30326 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 246579 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24470 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 55000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -222109 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 18875 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 246579 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24470 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 250000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 55000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 246579 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24470 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 246579 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24470 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHRISTOPHER S LEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN/PRESIDENT/DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8234 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION WILL EMPOWER NEXT GENERATION MEDICAL TECHNOLOGY ENTREPRENEURS BY REDUCING THE TECHNOLOGY, REGULATORY AND FINANCIAL RISKS ASSOCIATED WITH TRANSLATING ACADEMIC RESEARCH TO COMMERCIAL PURPOSES BY PROVIDING DOCTORIAL AND POSTDOCTORAL FELLOWSHIPS AND MENTORSHIP FOR ASPIRING MEDICAL TECHNOLOGY ENTREPRENEURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EMPOWERING NEXT GENERATION MEDICAL TECHNOLOGY ENTREPRENEURS BY PROVIDING DOCTORIAL AND POSTDOCTROL FELLOWSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 250000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 277109 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 55000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE INITIAL YEAR OF THE ORGANIZATION WAS 2018. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART III, SHORT YEAR EXPLANATION: |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 55000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 248600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 303600 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 303600 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 55000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 248600 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 303600 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 55000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 248600 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 303600 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: DUKE UNIVERSITY. GRANTEE ADDRESS: 2080 DUKE UNIVERSITY ROAD DURHAM, NC 27708. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/07/19. AMOUNT GIVEN: 150,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: GEORGIA TECH FOUNDATION, INC. GRANTEE ADDRESS: 760 SPRING STREET, NW, STE 400 ATLANTA, GA 30308. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 02/20/19. AMOUNT GIVEN: 100,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 250,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: TRAVEL AND CONFERENCES. AMOUNT: 7,902. DESCRIPTION: BANK CHARGES. AMOUNT: 15. DESCRIPTION: TELEPHONE. AMOUNT: 317. TOTAL TO FORM 990-EZ, LINE 16: 8,234. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2020-09-22 18:59:49Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHRISTOPHER S LEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4044610001 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WOODBRIDGE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WOOD |
| ReturnHeader/Filer/EIN | 0 | 831633036 |
| ReturnHeader/Filer/PhoneNum | 0 | 4049610001 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3344 PEACHTREE ROAD NE NO 3005 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30326 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 010C8EDF83A9C5DD05D8AD5491955C906327B028 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 41BB2372EDE7EEF4F63AD8D65B3865DA0399D13A |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 5801082020135036ae68 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2020-05-14 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 4.14.92.186 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-05-14 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 19:40:14 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 581433845 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FRAZIER & DEETER LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1230 PEACHTREE STREET NE SUITE 1500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30309 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4042537500 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TERRI E LAWSON |
| ReturnHeader/ReturnTs | 0 | 2020-05-14T18:41:31-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,470
- Liabilities
- $0
- Net assets
- $24,470
- Revenue
- $55,000
- Expenses
- $277,109
- Net income
- -$222,109