The Windfall Foundation
The Windfall Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 16 grants totaling $185K. Net investment income was $144K.
Key facts about The Windfall Foundation
- EIN
- 27-0389242
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $185,000
- Grants made (2024)
- 16
- Average grant
- $11,563
- Median grant
- $10,000
- New grantees (estimate)
- 0% first-time grantees (0 of 16, 2024)
- Total assets
- $2,800,735
- Primary geography
- New York (50% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Windfall Foundation funds
By grant dollars, the top recipient states for The Windfall Foundation's 16 itemized 2024 grants were New York (50%), Delaware (26%) and Tennessee (16%). The most frequent recipient cities were New York, NY (10 grants) and Wilmington, DE (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Windfall Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 16 grantees (0%) were first-time recipients. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Windfall Foundation
- How to evaluate The Windfall Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
-2.2% YoY
Annual Giving
$185K
+0.0% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$12K
+0.0% YoY
Under IRS private-foundation payout rules, The Windfall Foundation reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
About The Windfall Foundation
Based on IRS filings
The Windfall Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 16 grants totaling $185K. Net investment income was $144K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 16 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,800,735 | $2,863,405 | $3,008,284 |
| Revenue | $172,259 | $97,154 | $-130,291 |
| Expenses | $234,929 | $242,033 | $232,971 |
| Qualifying Distributions | $185,000 | $185,000 | $185,000 |
| Net Investment Income | $143,657 | $71,645 | $68,911 |
| Distributable Amount | $165,676 | $154,626 | $161,868 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Church of Heavenly Rest ($30,000), St Jude Children's Research Hospital ($30,000), Hagley Museum and Library ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHURCH OF HEAVENLY REST New York, NY | GENERAL PURPOSE | $30,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL Memphis, TN | GENERAL PURPOSE | $30,000 |
| HAGLEY MUSEUM AND LIBRARY Wilmington, DE | GENERAL PURPOSE | $20,000 |
| METROPOLITAN OPERA New York, NY | GENERAL PURPOSE | $15,000 |
| THE MOUNT Lenox, MA | GENERAL PURPOSE | $15,000 |
| UNIVERSITY OF DELAWARE Newark, DE | GENERAL PURPOSE | $15,000 |
| BLUE HILL TROUPE LTD New York, NY | GENERAL PURPOSE | $10,000 |
| FOUNTAIN HOUSE New York, NY | GENERAL PURPOSE | $10,000 |
| REDEEMER PRESBYTERIAN CHURCH New York, NY | GENERAL PURPOSE | $10,000 |
| RONALD MCDONALD HOUSE NEW YORK New York, NY | GENERAL PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nancy Lloyd Hayward | Ttee | 1 | — |
| Richard SD Johnson | Ttee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Windfall Foundation?
The Windfall Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $2.8M in total assets as of 2024.
How large is The Windfall Foundation?
As of 2024, The Windfall Foundation holds $2.8M in total assets with $172K in annual revenue. It awarded 16 grants totaling $185K in 2024.
Where does The Windfall Foundation operate?
The Windfall Foundation has awarded grants in Delaware, Massachusetts, New York, Tennessee.
What size grants does The Windfall Foundation award?
In 2024, The Windfall Foundation awarded 16 grants totaling $185K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Windfall Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Windfall Foundation reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Windfall Foundation's EIN?
The Windfall Foundation's EIN (Employer Identification Number) is 27-0389242. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.