The Spinnaker Cove Charitable Trust

AUSTIN, TX EIN: 88-6727624

The Spinnaker Cove Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2022 through 2024. In 2024, it made $1K in qualifying distributions. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Revenue

$-32,740

-132.4% YoY

Qualifying Distributions

$1K

Expenses

$28K

-76.8% YoY

Under IRS private-foundation payout rules, The Spinnaker Cove Charitable Trust reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About The Spinnaker Cove Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	$3,084,470	$3,100,564
Revenue	$-32,740	$101,160	$3,216,354
Expenses	$27,650	$119,254	$115,790
Qualifying Distributions	$1,000	—	—
Net Investment Income	$11,986	$27,354	$3,063,729
Distributable Amount	$116,212	$140,551	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANDREW MUHICH	TRUSTEE	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Spinnaker Cove Charitable Trust?

The Spinnaker Cove Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds — in total assets as of 2024.

How much is The Spinnaker Cove Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Spinnaker Cove Charitable Trust reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Spinnaker Cove Charitable Trust's EIN?

The Spinnaker Cove Charitable Trust's EIN (Employer Identification Number) is 88-6727624. IRS Form 990 filing data is available on this page for 2022–2024.