Twin Chimney Inc
- Assets
- $1.4m
- Revenue
- -$4.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 03/1988
- Data as of
- 11/2023
- EIN
- 22-2787076
Organization Overview
Twin Chimney Inc is located in Princeton, NJ. The organization was established in 1988. 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. Twin Chimney Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Twin Chimney Inc has awarded 437 individual grants totaling $1,801,331. 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 |
|---|---|---|---|
F Helmut Weymar President | 2 | $0 | |
Caroline S Weymar Secretary | 2 | $0 | |
Matthew D Weymar Trustee | 1 | $0 | |
Emily B Weymar Van Dixhoorn Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $2,586 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$730 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$6,312 |
| Total Revenue | -$4,455 |
| 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 | $4 |
| Total operating and administrative expenses | $4 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,351 |
| 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 | $1,372,627 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,417,978 |
| 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 | $135,000 |
| Total liabilities | $135,000 |
Grants Awarded
Over the last fiscal year, Twin Chimney Inc has awarded $80,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
JERSEYCAN PURPOSE: GENERAL SUPPORT | $20,000 |
MIT PURPOSE: GENERAL SUPPORT | $10,000 |
DANA FARBER INSTITUTE PURPOSE: GENERAL SUPPORT | $10,000 |
MIT PURPOSE: GENERAL SUPPORT | $20,000 |
PRINCETON FIRST AID & RESCUE SQ PURPOSE: GENERAL SUPPORT | $5,000 |
PRINCETON PUBLIC LIBRARY PURPOSE: GENERAL SUPPORT | $5,000 |