Quinn Fam Foundation Tr 124861-000
- Assets
- $1.7m
- Revenue
- $89.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 38-7194146
Organization Overview
Quinn Fam Foundation Tr 124861-000 is located in Wilmington, DE. The organization was established in 2018. 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. Quinn Fam Foundation Tr 124861-000 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 Fam Foundation Tr 124861-000 generated $89.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $131.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Quinn Fam Foundation Tr 124861-000 has awarded 46 individual grants totaling $444,125. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 2 | $1,004 | |
Christine Quinn Co-Trustee | 1 | $0 | |
Daniel Quinn Co-Trustee | 1 | $0 | |
Name Not Listed Co-Trustee | 2 | $5,658 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,928 |
| Capital Gain Net Income | $29,928 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,236 |
| Total Revenue | $89,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,662 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $911 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,050 |
| Printing and publications | $0 |
| Other expenses | $852 |
| Total operating and administrative expenses | $20,992 |
| Contributions, gifts, grants paid | $110,500 |
| Total expenses and disbursements | $131,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$12,509 |
| Savings and temporary cash investments | $10,746 |
| 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 | $1,472,772 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $221,650 |
| Total assets | $1,692,659 |
| 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, Quinn Fam Foundation Tr 124861-000 has awarded $110,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
EDUCATED CANINES ASSISTING PURPOSE: SUPPORT FOR DAILY OPERATION | $45,000 |
ANIMAL FRIENDS OF CONNECTICUT PURPOSE: SUPPORT FOR DAILY OPERATION | $1,000 |
FIDELCO GUIDE DOG FOUNDATION INC PURPOSE: SUPPORT FOR DAILY OPERATION | $1,000 |
MUSIC MAKER RELIEF FOUNDATION PURPOSE: SUPPORT FOR DAILY OPERATION | $15,000 |
YOUTH JOURNALISM INTERNATIONAL INC PURPOSE: SUPPORT FOR DAILY OPERATION | $2,000 |
THE GROUND TRUTH PROJECT PURPOSE: SUPPORT FOR DAILY OPERATION | $6,000 |