Working to advance rare disease support in order to improve the lives of people affected by rare diseases.

501(c)(3) charity; gifts are tax-deductible.
Run by 14 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $263K a year · 71% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
421%
of spending
Looks good: 421% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $1.4M in investments, Pt X · Ln 11–13
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $140K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$420K
-19% vs prior year
Spent
$121K
To programs
421%
Net assets
$1.0M
By yearFY2021–FY2024
Revenue
$420K
FY2024▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2021$121K
FY2022$422K
FY2023$521K
FY2024$420K
Expenses
$121K
FY2024▼ -46%
Tap a bar for its year
Expenses by fiscal year
FY2021$45K
FY2022$42K
FY2023$226K
FY2024$121K
Net assets
$1.0M
FY2024▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2021$76K
FY2022$448K
FY2023$749K
FY2024$1.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

421 cents of each dollar spent went to programs.

Program services 421% · $510K Management & general 36% · $44K Fundraising 20% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$51,923Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Caroline Winslett’s $52K as Executive Dir. is at the 37th percentile of top reported officer pay among 901 $100K–1M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Wards Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves lives by advancing rare disease support.

Questions for Wards Foundation

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Provided by the organization

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1 program · $510K · in their own filed words · FY2024
01

Ward's Foundation is working to advance rare disease support. We aim to increase the awareness, education and prevention of rare disease. We aspire to walk alongside families in their rare disease journey by providing resources, guidance and support. We strive to improve the clinical, diagnostic and overall patient experience.

$510Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 2 grants · $351K · 2023–2024
Atrium Health FoundationNC · FY2024$198,090
Atrium Health FoundationNC · FY2023$152,894

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$420K
Ln 12
Gifts and grantsLn 1h$474K
Investment incomeLn 3$52K
Money outPt IX
$121K
Ln 25
Programscol B$510K
Managementcol C$44K
Fundraisingcol D$25K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$24K
Total assetsLn 16$1.1M
LiabilitiesLn 26$8K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$474K
Noncash giftsLn 1g$179K
Investment incomeLn 3$52K
Gains on assetsLn 7$0
Total revenueLn 12$420K
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$0
Cash and savings togetherLn 1–2$24K
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.1M
LiabilitiesLn 26$8K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5K$24K
InvestmentsLn 11–13$1.0M$1.4M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.1M$1.4M
LiabilitiesLn 26$4K$8K
Net assetsLn 32$1.0M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$229K$229K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$52K$42K$5K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$72K$57K$7K$7K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$9K$8K$945$945
Management feesLn 11a$0
Legal feesLn 11b$8K$6K$777$777
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$10K$8K$952$951
Office expensesLn 13$14K$11K$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$819$103$102
Other expenses (24a–d)Ln 24$180K$146K$27K$8K
All other expensesLn 24e$4K$3K$383$382
Total functional expensesLn 25$578K$510K$44K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $420K$121K$299K$1.0M 990 PDF
FY2023 $521K$226K$295K$749K 990 PDF
FY2022 $422K$42K$381K$448K 990 PDF
FY2021 $121K$45K$76K$76K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $954,879 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $384,023$473,569
I-9 Program service revenue$0
I-10 Investment incomePrior year $27,131$52,498
I-11 Other revenuePrior year $8,913$428,812
I-12 Total revenuePrior year $420,067$954,879
I-13 Grants and similar amounts paidPrior year $56,901$229,122
I-14 Benefits paid to members$0
I-15 Salaries and benefits$133,010
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $64,232$216,027
I-18 Total expensesPrior year $121,133$578,159
I-19 Revenue less expensesPrior year $298,934$376,720
Part VI · Governance 10 of 10 board members independent, 5 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $954,879 across 9 lines filed
VIII-1f All other contributions, gifts and grants$473,569
VIII-1g Noncash contributions (included above)$179,267
VIII-1h Total contributions, gifts and grants$473,569
VIII-3 Investment incomeRelated to mission $52,498$52,498
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$428,812
VIII-12 Total revenueRelated to mission $52,498$954,879
Part IX · Statement of functional expenses $578,159 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $229,122$229,122
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $41,539 · Management $5,192 · Fundraising $5,192$51,923
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $57,307 · Management $7,164 · Fundraising $7,164$71,635
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $7,562 · Management $945 · Fundraising $945$9,452
IX-11a Management fees$0
IX-11b Legal feesPrograms $6,216 · Management $777 · Fundraising $777$7,770
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $7,612 · Management $952 · Fundraising $951$9,515
IX-13 Office expensesPrograms $10,973 · Management $1,372 · Fundraising $1,372$13,717
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $819 · Management $103 · Fundraising $102$1,024
IX-24 Other expenses (24a–d)Programs $145,594 · Management $26,715 · Fundraising $7,865$180,174
IX-24e All other expensesPrograms $3,062 · Management $383 · Fundraising $382$3,827
IX-25 Total functional expensesPrograms $509,806 · Management $43,603 · Fundraising $24,750$578,159
Part X · Balance sheet $1,429,181 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $4,912$23,783
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $1,500$1,500
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,045,188$1,403,898
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,051,600$1,429,181
X-17 Accounts payable and accrued expensesStart of year $3,522$8,255
X-26 Total liabilitiesStart of year $3,522$8,255
X-27 Net assets without donor restrictionsStart of year $1,048,078$1,420,926
X-32 Total net assets or fund balancesStart of year $1,048,078$1,420,926
X-33 Total liabilities and net assetsStart of year $1,051,600$1,429,181
Part XI · Reconciliation of net assets $1,420,926 net assets at year end
XI-1 Total revenue$954,879
XI-2 Total expenses$578,159
XI-3 Revenue less expenses$376,720
XI-4 Net assets at start of year$1,048,078
XI-8 Prior period adjustments−$3,872
XI-10 Net assets at end of year$1,420,926

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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