Walter S Quinlan Foundation is located in Warner, NH. The organization was established in 1961. 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. Walter S Quinlan 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, Walter S Quinlan Foundation generated $505.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $704.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Walter S Quinlan Foundation has awarded 248 individual grants totaling $5,960,315. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR CHARITABLE,SCIENTIFIC,LITERARY OR EDUCATIONAL PURPOSES PER CODE SEC. 170(C)(2). ITS PRINCIPAL ACTIVITY IS TO SUPPORT, FINANCIALLY, CHARITABLE ORGANIZATIONS AND EDUCATIONAL ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Loftis Trustee | 0 | $0 | |
Maureen Casey Rollins Trustee | 0 | $0 | |
Catherine Hellmuth Trustee | 0 | $0 | |
Mary Louise Loftis Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $107,266 |
| Dividends & Interest | $59,396 |
| 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 | $339,132 |
| Total Revenue | $505,794 |
| 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 | $16,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $53,160 |
| Contributions, gifts, grants paid | $650,861 |
| Total expenses and disbursements | $704,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,962,284 |
| 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 | $8,461,375 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,078,466 |
| 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 |
Over the last fiscal year, Walter S Quinlan Foundation has awarded $650,861 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
CLARK COUNTY LITERACY COALITION PURPOSE: GEN'L SUPPORT | $5,000 |
CATHOLIC CENTRAL HIGH SCHOOL PURPOSE: GEN'L SUPPORT | $15,500 |
CLARK STATE COMM COLLEGE ANNUAL FD PURPOSE: GENERAL SUPPORT | $2,500 |
COMMUNITY MERCY FOUNDATION PURPOSE: GEN'L SUPPORT | $20,000 |
CLARK STATE PERFORMING ARTS CTR PURPOSE: GENERAL SUPPORT | $3,500 |
ON THE RISE PURPOSE: GEN'L SUPPORT | $2,500 |