Virginia And John L Sinclair Foundation Inc
- Assets
- $604.3k
- Revenue
- $20.1k
- Investments
- $584.0k
- Employees
- 0
- Location
- Avon, IN
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 35-2017213
Organization Overview
Virginia And John L Sinclair Foundation Inc is located in Avon, IN. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia And John L Sinclair Foundation Inc 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 12/2022, Virginia And John L Sinclair Foundation Inc generated $20.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $46.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Virginia And John L Sinclair Foundation Inc has awarded 173 individual grants totaling $291,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J David Sinclair President-Treasurer | 1 | $0 | |
Robert L Sinclair Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $878 |
| Capital Gain Net Income | $5,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $271 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,259 |
| Contributions, gifts, grants paid | $39,000 |
| Total expenses and disbursements | $46,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,300 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $604,291 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Virginia And John L Sinclair Foundation Inc has awarded $39,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AVON ROTARY CLUB PURPOSE: CHARITABLE | $400 |
ARC OF THE CAPITAL AREA PURPOSE: CHARITABLE | $2,000 |
AVON EDUCATION FOUNDATION PURPOSE: CHARITABLE | $1,000 |
AVON UNITED METHODIST CHURCH PURPOSE: CHARITABLE | $5,100 |
BASTROP HISTORICAL SOCIETY PURPOSE: CHARITABLE | $4,000 |
CHESAPEAKE BAY WINE CLASSIC FOUNDATION PURPOSE: CHARITABLE | $3,000 |