William M Shinnick Educational Fund
- Assets
- $7.7m
- Revenue
- $355.6k
- Investments
- $5.0m
- Employees
- 0
- Location
- Zanesville, OH
- Founding
- 02/1973
- Data as of
- 06/2023
- EIN
- 31-4394168
Organization Overview
William M Shinnick Educational Fund is located in Zanesville, OH. The organization was established in 1973. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William M Shinnick Educational Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, William M Shinnick Educational Fund generated $355.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $706.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William M Shinnick Educational Fund has awarded 23 individual grants totaling $3,534,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Price President | 2 | $1,250 | |
Mark Watson Trustee | 1 | $1,250 | |
William D Joseph Trustee | 1 | $1,250 | |
Barbara Cornell Secretary | 30 | $25,500 | |
Jody Ballas Trustee | 1 | $1,250 | |
Paul Mcclelland Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $138,120 |
| Interest on Savings | $10,011 |
| Dividends & Interest | $149,023 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,406 |
| Capital Gain Net Income | $58,406 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $355,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,189 |
| Depreciation | $0 |
| Occupancy | $6,840 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73,742 |
| Total operating and administrative expenses | $139,906 |
| Contributions, gifts, grants paid | $566,500 |
| Total expenses and disbursements | $706,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,099 |
| Savings and temporary cash investments | $212,839 |
| Net Accounts receivable | $2,208,531 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,591 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,506,970 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,719,277 |
| Accounts payable and accrued expenses | $874 |
| Grants payable | $229,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $230,374 |
Grants Awarded
Over the last fiscal year, William M Shinnick Educational Fund has awarded $566,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PDF SCHEDULE ATTACHED PURPOSE: FOR COLLEGE EDUCATION | $346,500 |
SCHOLARSHIPS TO STUDENTS-SHINNICK PURPOSE: FOR COLLEGE EDUCATION | $158,500 |
SCHOLARSHPS-BELL PDF ATTACHED PURPOSE: FOR COLLEGE EDUCATION | $60,500 |
SCHOLARSHIPS-CONABEE - PDF ATTACHED PURPOSE: FOR COLLEGE EDUCATION | $1,000 |