The Windfall Foundation
The Windfall Foundation is a private foundation, based in Palm Springs, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 1 grant totaling $1K.
The Windfall Foundation at a glance
In short: The Windfall Foundation gave $1K across 1 grant in 2025 (avg $1K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,200
- -59.2% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $1,200
- -18.3% vs 2024
- Median grant
- $1,200
- Total assets
- $20,173
- -11.0% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Windfall Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Christopher & Dana Reeve Foundation ($1K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Windfall Foundation gives
- Giving fell 26% from 2022 to 2025. Method
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $272 (2019) to $3K (2024). In 2025 it made 1 grant totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Christopher & Dana Reeve Foundation Short Hills, NJ | General Contribution | $1,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $20,173 | — | $2,496 | $1,200 | 1 | $1,200 | $1,045 |
| 2024 | $22,669 | — | $4,544 | $2,938 | 2 | $2,938 | $1,200 |
| 2023 | $27,213 | — | $1,649 | — | — | — | $1,411 |
| 2022 | $28,862 | — | $4,122 | $1,627 | 1 | $1,627 | $1,527 |
| 2021 | $32,984 | — | $300 | $300 | 1 | $300 | $1,630 |
| 2020 | $33,284 | $9,504 | $4,007 | $2,815 | 2 | — | $1,797 |
| 2019 | $27,787 | $24,424 | $1,149 | $272 | 1 | — | $1,315 |
Under IRS private-foundation payout rules, The Windfall Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Windfall Foundation is led by Arnold Kassoy, President & Director since 2023 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Arnold Kassoy
President & Director
President → President & Director, 2023
On filings since 2019
No compensation reported
Cyndi McHale
Secretary & Director
Director → Secretary & Director, 2023
On filings since 2019
No compensation reported
Zachary P. Williams
CFO & Director
Director → CFO & Director, 2023
On filings since 2019
No compensation reported
Cody A. Williams
Director
On filings since 2023
No compensation reported
Former officers (1)
- Former: Joel M. Faden (2019–2022) — CFO & Secretary
Data from IRS Form 990 filings, 2019–2025. "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 Windfall Foundation
How much does The Windfall Foundation give each year?
The Windfall Foundation gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 2 grants.
How large is The Windfall Foundation?
The Windfall Foundation reported $20K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
Where does The Windfall Foundation operate?
The Windfall Foundation has awarded grants in California, New Jersey.
What is The Windfall Foundation's EIN?
The Windfall Foundation's EIN (Employer Identification Number) is 95-4383183. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 27, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2019–2025
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Figures come from The Windfall Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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