The Windfall Foundation

WILMINGTON, DE EIN: 27-0389242

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

GreenvilleLenoxMemphisNew YorkNewarkWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$72K$144K$216K$289K20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$93K$139K$185K16 grants202016 grants202116 grants202216 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHURCH OF HEAVENLY REST$30KST JUDE CHILDREN'S RESEA…$30KHAGLEY MUSEUM AND LIBRARY$20KMETROPOLITAN OPERA$15KTHE MOUNT$15KUNIVERSITY OF DELAWARE$15KBLUE HILL TROUPE LTD$10KFOUNTAIN HOUSE$10KREDEEMER PRESBYTERIAN CH…$10KRONALD MCDONALD HOUSE NE…$10K

Grant Size Distribution

80 grants across all recorded years

80<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Church of Heavenly Rest ($30,000), St Jude Children's Research Hospital ($30,000), Hagley Museum and Library ($20,000).

RecipientPurposeAmount
BLUE HILL TROUPE LTD NEW YORK, NYGENERAL PURPOSE$10,000
CANTERBURY CHORAL SOCIETY NEW YORK, NYGENERAL PURPOSE$2,500
CHRIST CHURCH WILMINGTON, DEGENERAL PURPOSE$8,000
CHURCH OF HEAVENLY REST NEW YORK, NYGENERAL PURPOSE$30,000
FOUNTAIN HOUSE NEW YORK, NYGENERAL PURPOSE$10,000
HAGLEY MUSEUM AND LIBRARY WILMINGTON, DEGENERAL PURPOSE$20,000
METROPOLITAN OPERA NEW YORK, NYGENERAL PURPOSE$15,000
NEW YORK PUBLIC RADIO NEW YORK, NYGENERAL PURPOSE$2,000
REDEEMER PRESBYTERIAN CHURCH NEW YORK, NYGENERAL PURPOSE$10,000
RONALD MCDONALD HOUSE NEW YORK NEW YORK, NYGENERAL PURPOSE$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NANCY LLOYD HAYWARDTTEE1
RICHARD SD JOHNSONTTEE1

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.

Explore Open Grants

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Related Funders

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

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