Charles And Melanie Winton Foundation Inc
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-2231964
Organization Overview
Charles And Melanie Winton Foundation Inc is located in Charlotte, NC. The organization was established in 2019. 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. Charles And Melanie Winton 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 12/2022, Charles And Melanie Winton Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.5% each year .
Since 2020, Charles And Melanie Winton Foundation Inc has awarded 27 individual grants totaling $642,000. 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 |
|---|---|---|---|
Melanie T Winton President | 1 | $0 | |
Charles D Winton Board Member | 1 | $0 | |
Aileen Thomas Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,122,352 |
| Interest on Savings | $6,358 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,128,710 |
| 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 | $0 |
| Total operating and administrative expenses | $1,400 |
| Contributions, gifts, grants paid | $546,000 |
| Total expenses and disbursements | $547,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,657,150 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,657,150 |
| 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, Charles And Melanie Winton Foundation Inc has awarded $546,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKSTONE SCHOOLS PURPOSE: FOR EDUCATIONAL SCHOOL | $50,000 |
SECOND HARVEST FOOD BANK PURPOSE: TO DISTRIBUTE FOOD TO THOSE IN NEED | $5,000 |
GREATER EMMANUEL APOSTOLIC CHURCH PURPOSE: OPERATIONS | $5,000 |
NANAS BOOKSHELF PURPOSE: OPERATIONS | $1,000 |
DIAMOND EFFECT PURPOSE: OPERATIONS | $126,000 |
ALFRED STREET BAPTIST CHURCH PURPOSE: OPERATIONS | $100,000 |