David And Eula Wintermann Foundation
- Assets
- $17.3m
- Revenue
- $579.2k
- Investments
- $15.3m
- Employees
- 0
- Location
- Eagle Lake, TX
- Founding
- 01/1984
- Data as of
- 09/2022
- EIN
- 76-0082100
Organization Overview
David And Eula Wintermann Foundation is located in Eagle Lake, TX. The organization was established in 1984. 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 And Eula Wintermann 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 09/2022, David And Eula Wintermann Foundation generated $579.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $1.2m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David And Eula Wintermann Foundation has awarded 61 individual grants totaling $3,524,837. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED A SCHOLARSHIP TO AN ELIGIBLE STUDENT BASED ON THEFINANCIAL NEED, FIELD OF STUDY AND CHARACTER REFERENCE.
CONTRIBUTION TO VARIOUS QUALIFIED CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Johnson President | 10 | $31,250 | |
Randall S Nelson Secretary | 10 | $6,250 | |
Judith Johnson Director | 10 | $6,250 | |
Donald N Bendy Vice President | 10 | $6,250 | |
Jeff Early Director | 10 | $6,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $123,745 |
| Dividends & Interest | $350,926 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,406 |
| Capital Gain Net Income | $104,406 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75 |
| Total Revenue | $579,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $49,250 |
| Pension plans, employee benefits | $3,768 |
| Interest | $0 |
| Taxes | $34,931 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,337 |
| Printing and publications | $1,950 |
| Other expenses | $10,736 |
| Total operating and administrative expenses | $373,572 |
| Contributions, gifts, grants paid | $849,883 |
| Total expenses and disbursements | $1,223,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,183 |
| Savings and temporary cash investments | $2,006,126 |
| 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 | $497,738 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,430 |
| Total assets | $17,340,813 |
| 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, David And Eula Wintermann Foundation has awarded $849,883 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BAYLOR MULTIPLE SCLEROSIS RESEARCH PURPOSE: TO FUND THE RESEARCH OF MULTIPLE SCLEROSIS IN HOUSTON TX. | $300,000 |
THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER PURPOSE: TO SUPPORT THE IMMUNOTHERAPY RESEARCH OF DR. ANTHONLY LUCCI AND DR. PATRICK HWU. | $155,000 |
AMERICAN CANCER SOCIETY PURPOSE: FUND RESEARCH IN THE NAME OF DAVID & EULA WINTERMANN FOUNDATION | $100,000 |
Houston, TX PURPOSE: CONTINUATION OF FUNDING OF THE DAVID & EULA WINTERMANN FOUNDATION BRASS ENDOWED SCHOLARS FUND, ENDOWED FUND INITIALLY FUNDED IN 2007 | $80,000 |
COLORADO COUNTY SHERIFF'S DEPARTMENT PURPOSE: TO PURCHASE GENERAL EQUIPMENT FOR FULL-TIME AND RESERVE DEPUTIES. | $66,558 |
THE METHODIST HOSPITAL FOUNDATION PURPOSE: SUPPORT OF THE CROWNING ACHIEVEMENT AWARDS FOR EXCELLENCE IN NURSING TO SUPPORT EDUCATIONAL AND RESEARCH PROGRAMS FOR NURSES AT THE HOUSTON METHODIST WILLOWBROOK HOSPITAL. PROVIDING NURSES WITH THE TOOLS AND KNOWLEDGE THEY NEED TO DELIVER HEALING AND COMFORT WHEN PATIENTS NEED IT MOST WILL ENSURE THAT PATIENTS CONTINUE TO BENEFIT FROM THE LATEST HEALTH CARE ADVANCES, TREATMENTS AND TECHNIQUES. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |