Rachel C Witman Gwinn Private Foundation
- Assets
- $385.3k
- Revenue
- $190.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-6567867
Organization Overview
Rachel C Witman Gwinn Private Foundation is located in Palm Beach, FL. The organization was established in 2016. 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. Rachel C Witman Gwinn Private 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 12/2022, Rachel C Witman Gwinn Private Foundation generated $190.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $289.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rachel C Witman Gwinn Private Foundation has awarded 34 individual grants totaling $502,500. 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $190,000 |
| Interest on Savings | $34 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $190,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,890 |
| Contributions, gifts, grants paid | $277,400 |
| Total expenses and disbursements | $289,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $385,254 |
| 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 | $385,254 |
| 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, Rachel C Witman Gwinn Private Foundation has awarded $277,400 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST TEE OF THE PALM BEACHES PURPOSE: SUPPORT THE CHARITY | $4,000 |
J KEVIN KENNY & FAMILY BREAST CENTER FUND PURPOSE: SUPPORT THE CHARITY | $3,000 |
CARDINAL NEWMAN HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $32,500 |
ROBIN HOOD FOUNDATION PURPOSE: SUPPORT THE CHARITY | $1,000 |
FLORIDA SOUTHERN COLLEGE PURPOSE: SUPPORT THE CHARITY | $2,500 |
FOOD FOR THE POOR INC PURPOSE: SUPPORT THE CHARITY | $1,000 |