Quinn Family Foundation Inc is located in Santa Barbara, CA. The organization was established in 1997. 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. Quinn Family Foundation Inc 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, Quinn Family Foundation Inc generated $41.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $80.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Quinn Family Foundation Inc has awarded 131 individual grants totaling $474,746. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Quinn President | 2 | $0 | |
Janice L Quinn Secretary, Treasurer | 2 | $0 | |
Colleen Frank Trustee | 1 | $0 | |
Conor Quinn Trustee | 1 | $0 | |
Ryan Quinn Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,935 |
| Interest on Savings | $2,819 |
| Dividends & Interest | $30,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $937 |
| Capital Gain Net Income | $937 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $514 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,972 |
| Contributions, gifts, grants paid | $62,080 |
| Total expenses and disbursements | $80,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $124,216 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $22,001 |
| 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 | $1,323,716 |
| 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, Quinn Family Foundation Inc has awarded $62,080 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN BROTHERS ACADEMY PURPOSE: UNRESTRICTED | $3,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: UNRESTRICTED | $6,080 |
DESERT COMMUNITY FDN PURPOSE: TOSCANA SCHOLARSHIP COMMITTEE | $5,000 |
SUNSHINE COTTAGE SCHOOL FOR DEAF CHILDREN PURPOSE: UNRESTRICTED | $250 |
SUN VALLEY LACROSSE INC PURPOSE: UNRESTRICTED | $5,000 |
UNIVERSITY OF DENVER PURPOSE: MACLYN L. CLOUSE ENDOWED SCHOLARSHIP | $15,000 |