Facts about the Woodforest Charitable Foundation

The Woodforest Charitable Foundation was established in The Woodlands, Texas in 2005. It was created by its founder, Woodforest National Bank, for the purpose of enriching communities through partnerships with charitable organizations.

The initial funding came from Woodforest National Bank and its officers, directors and employees. However, individuals, corporations and other foundations are also encouraged to show their support for the communities that Woodforest National Bank serves by making a donation to the Foundation. Tax-deductible donations can be made in the form of cash, securities, life insurance beneficiaries, and gift planning such as bequests, pension plan beneficiaries, and charitable remainder trusts.

As a private foundation, Woodforest Charitable Foundation’s primary purpose is to provide funding to qualifying 501(c)(3) charities. It is the Foundation’s wish to focus primarily on the communities that are served by Woodforest National Bank. The Foundation intends to pre-select the charities to which it will make gifts annually.

Founded

Woodforest Charitable Foundation was founded in 2005 as a direct result of Woodforest National Bank's desire to give back to the communities in which it serves. It represents the bank's enduring pledge to invest in the well-being and vitality of the communities it serves. 

Location

The Foundation is proudly headquartered in Montgomery, Texas, a growing community located approximately 40 miles north of Houston. From this central location, the Foundation manages its philanthropic efforts across 17 state service regions. 

Program Areas

The Foundation will primarily focus on:

  • Hunger Relief 
  • Housing
  • Healthcare
  • Crisis Intervention
  • Shelters 

Geographic Reach

Guided by our mission, the Foundation places a strong emphasis on supporting the communities served by Woodforest. At this time, our focus extends to the following regions as shown in the map below:

Map

Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio Pennsylvania, South Carolina, Texas, Virginia, West Virginia

Statistics

Staff:  1

Board Members:  6

Charitable Contributions Since 2005:  $41,281,683