William M Shinnick Tr is located in Zanesville, OH. The organization was established in 1971. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. William M Shinnick Tr 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, William M Shinnick Tr generated $822.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $706.6k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William M Shinnick Tr has awarded 29 individual grants totaling $3,268,378. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,369 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $509,544 |
| Capital Gain Net Income | $509,544 |
| Net ST Capital Gain | $119,122 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $822,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,297 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,688 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,610 |
| Contributions, gifts, grants paid | $669,000 |
| Total expenses and disbursements | $706,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $644,388 |
| Savings and temporary cash investments | $1,499,900 |
| 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 | $2,235,229 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,875 |
| Total assets | $11,300,359 |
| 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, William M Shinnick Tr has awarded $669,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GENESIS HEALTHCARE FDN PURPOSE: GENERAL | $133,800 |
ZANESVILLE GOODWILL INSUSTRIES PURPOSE: GENERAL | $133,800 |
ZANESVILLE DAY NURSERY PURPOSE: GENERAL | $133,800 |
WILLIAM SHINNICK EDUCATIONAL FUND PURPOSE: GENERAL | $133,800 |
HELEN PURCELL HOME PURPOSE: GENERAL | $133,800 |