David C Winch Family Foundation
- Assets
- $1.5m
- Revenue
- $162.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Centerville, OH
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 46-4170797
Organization Overview
David C Winch Family Foundation is located in Centerville, OH. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. David C Winch Family Foundation 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 12/2023, David C Winch Family Foundation generated $162.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $69.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, David C Winch Family Foundation has awarded 24 individual grants totaling $239,000. 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 |
|---|---|---|---|
David C Winch President | 0.5 | $0 | |
Julie M Winch Secretary | 0.5 | $0 | |
Samuel L Hemmeter Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,011 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,869 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,099 |
| Capital Gain Net Income | $107,099 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6 |
| Total Revenue | $161,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,366 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,687 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $69,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,159 |
| Savings and temporary cash investments | $0 |
| 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 | $1,457,765 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,548,924 |
| 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 | $2,126 |
| Total liabilities | $2,126 |
Grants Awarded
Over the last fiscal year, David C Winch Family Foundation has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LIFEWORKS AUTISM SERVICES PURPOSE: GENERAL SUPPORT | $10,000 |
EVANS SCHOLARS FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
THE MORAINE CADDY SCHOLARSHIP FUND PURPOSE: GENERAL SUPPORT | $5,000 |
UNIVERSITY OF DAYTON PURPOSE: GENERAL SUPPORT | $10,000 |
THERAPEUTIC RIDING INSTITUTE PURPOSE: GENERAL SUPPORT | $5,000 |
NORTHERN MICHIGAN EQUINE THERAPY PURPOSE: GENERAL SUPPORT | $5,000 |