The Seong Chun and Nick Winter Foundation

Private foundation · Grantmaker New York, NY EIN: 56-2404943

The Seong Chun and Nick Winter Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $78K in total assets. In 2024, it awarded 7 grants totaling $22K. Net investment income was $8K.

Key facts about The Seong Chun and Nick Winter Foundation

In short: The Seong Chun and Nick Winter Foundation gave $22K across 7 grants in 2024 (avg $3K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
56-2404943
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$22,288
Grants made (2024)
7
Average grant
$3,184
Median grant
$500
Total assets
$77,903
Primary geography
New York (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$78K

+28.7% YoY

Annual Giving

$22K

-37.3% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$3K

-19.4% YoY

Under IRS private-foundation payout rules, The Seong Chun and Nick Winter Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

How The Seong Chun and Nick Winter Foundation gives

  • Giving fell 55% from 2021 to 2024. Method
  • In 2024 it paid out 600% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

New YorkArlingtonWortonBaysideFlushingBronx

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants2020 13 grants2021 8 grants2022 9 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $10K (2022) to $50K (2021). In 2024 it made 7 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Korean Community Services of New York: $10KKorean Community Services ofNew York$10KCollegiate School: $10KCollegiate School$10KSteady Buckets: $1KSteady Buckets$1KCenter for Urban Community Services: $500Center for Urban CommunityServices$500Project Renewal: $500Project Renewal$500Bowery Mission: $500Bowery Mission$500Echo Hill Outdoor School: $250Echo Hill Outdoor School$250

The largest 2024 recipient was Korean Community Services of New York ($10K). Together the top 7 received $22K.

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 44 grants of 44 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Korean Community Services of New York Bayside, NYGeneral expenses$10,000
Collegiate School New York, NY$2,500 to Scholarship Fund. $7,037.50 to Annual Fund.$9,538
Steady Buckets New York, NYGeneral expenses.$1,000
Center for Urban Community Services New York, NYGeneral expenses.$500
Project Renewal New York, NYGeneral expenses.$500
Bowery Mission New York, NYGeneral expenses.$500
Echo Hill Outdoor School Worton, MDGeneral expenses.$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$77,903$60,509$59,538
Revenue$33,765$34,799$2,853
Expenses$22,661$35,792$10,112
Qualifying Distributions$22,288$35,538$9,725
Net Investment Income$8,461$9,200$2,466
Distributable Amount$3,712$2,524$3,145

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Seong Chun and Nick Winter Foundation is led by Nicholas R Winter, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nicholas R Winter

    President & Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Maureen J Winter

    Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Seong Chun

    Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Seong Chun and Nick Winter Foundation

How much does The Seong Chun and Nick Winter Foundation give each year?

The Seong Chun and Nick Winter Foundation gave $22K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 9 grants.

What is The Seong Chun and Nick Winter Foundation's typical grant size?

The Seong Chun and Nick Winter Foundation's median grant in 2024 was $500, and its average grant was $3,184, across 7 grants on its 2024 IRS Form 990-PF.

Where does The Seong Chun and Nick Winter Foundation give grants?

The Seong Chun and Nick Winter Foundation gives mostly in New York: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (5 grants).

Does The Seong Chun and Nick Winter Foundation give general operating support?

Yes: 100% of The Seong Chun and Nick Winter Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Seong Chun and Nick Winter Foundation's largest grantees?

The Seong Chun and Nick Winter Foundation's largest 2024 grantees include Korean Community Services of New York ($10,000), Collegiate School ($9,538) and Steady Buckets ($1,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How large is The Seong Chun and Nick Winter Foundation?

The Seong Chun and Nick Winter Foundation reported $78K in total assets on its 2024 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is The Seong Chun and Nick Winter Foundation's EIN?

The Seong Chun and Nick Winter Foundation's EIN (Employer Identification Number) is 56-2404943. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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