Winston Family Foundation
- Assets
- $119.6m
- Revenue
- $17.9m
- Investments
- $98.0m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 59-2678732
The information for Winston Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Jacksonville, FL. It has been in existence for 34 years, following its founding in 1987.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Winston Family Foundation is a Private Grantmaking Foundation classified under Philanthropy, Voluntarism & Grantmaking Foundations with an NTEE code of T20. As a nongovernmental, nonprofit organization, the foundation manages funds and programs through its own trustees or directors. Its primary goal is to maintain or aid social, educational, religious, or other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the foundation is classified under section 3 of the Internal Revenue Code, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.
Grant History
Our dataset contains five years of grant history for the Winston Family Foundation. Over the course of those five years, they have awarded a total of 74 grants, with an average check size of $42,662. On average, the foundation awards 15 grants each year. The majority of their grants were awarded in the Education sector, with a total of 7 grants. They have also awarded grants in the Philanthropy, Voluntarism & Grantmaking Foundations sector (1) and the Environment sector (1). In terms of geographical distribution, the Winston Family Foundation has awarded the most grants in Florida (51), followed by Colorado (10), North Carolina (5), Virginia (4), and Washington, D.C. (2) and Maine (2).
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 |
|---|---|---|---|
James H Winston-Jr Trustee | 10 | $30,000 | |
Mary M Winston Trustee | 10 | $30,000 | |
Robert W Winston Trustee | 10 | $30,000 | |
Charles Winston Trustee | 10 | $30,000 | |
Franklin Beard Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,723,859 |
| Interest on Savings | $419,588 |
| Dividends & Interest | $2,147,382 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,400,052 |
| Capital Gain Net Income | $5,861,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $230,236 |
| Total Revenue | $17,921,117 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $138,374 |
| Pension plans, employee benefits | $6,608 |
| Interest | $0 |
| Taxes | $112,908 |
| Depreciation | $4,781 |
| Occupancy | $47,898 |
| Travel, conferences, and meetings | $40,513 |
| Printing and publications | $0 |
| Other expenses | $58,699 |
| Total operating and administrative expenses | $1,101,314 |
| Contributions, gifts, grants paid | $5,802,381 |
| Total expenses and disbursements | $6,903,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75 |
| Savings and temporary cash investments | $2,564,479 |
| 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 | $710 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $11,952 |
| Other assets | $19,030,910 |
| Total assets | $119,630,184 |
| 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 | $1,279 |
| Total liabilities | $1,279 |
Grants Awarded
Over the last fiscal year, Winston Family Foundation has awarded $1,782,039 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
UNC WINSTON FAMILY INIT PURPOSE: GENERAL USE | $1,051,046 |
THE COMMUNITY FDN NE FL PURPOSE: GENERAL USE | $112,853 |
UNITED WAY OF NE FL PURPOSE: GENERAL USE | $100,000 |
Raleigh, NC PURPOSE: GENERAL USE | $95,044 |
THE COMMUNITY FDN NE FL PURPOSE: GENERAL USE | $88,530 |
EPISCOPAL SCHOOL JAX PURPOSE: GENERAL USE | $60,199 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |