The Winky Foundation Co Wilmington Trust Co
The Winky Foundation Co Wilmington Trust Co is a private foundation based in Wilmington, Delaware. Established in July 1998, the foundation operates as a non-operating private foundation with a focus on philanthropic grantmaking. The foundation is administered through Wilmington Trust Co and maintains its principal address at 1100 N Market Street, Wilmington, DE 19890-0001.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.1M
-3.1% YoY
Annual Giving
$1.8M
+6.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.8M
+6.8% YoY
Under IRS private-foundation payout rules, The Winky Foundation Co Wilmington Trust Co reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary activities center on gifts, grants, and loans to other organizations. Based on recent filings, the foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The foundation maintains a highly selective grantmaking approach. In fiscal year 2024, the foundation made one grant totaling $1,799,000. This represents a giving rate of approximately 13.8% of assets.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $13,058,310
- Total Giving: $1,799,000
- Total Revenues: $1,424,119
- Total Expenses: $1,868,841
Revenue Breakdown (FY 2024):
- Grants and Contributions: $700,000
- Investment Income and Dividends: $835,121
- Net Loss from Sale of Non-Inventory Assets: ($2,006)
- Miscellaneous Revenues: ($108,996)
Year-over-Year Changes (2023 to 2024):
- Total revenues increased 87% from $761,374 to $1,424,119
- Grants and contributions increased 27.3% from $550,000 to $700,000
- Investment income increased 5.1% from $794,354 to $835,121
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,058,310 | $13,469,395 | $14,433,933 |
| Revenue | $1,424,119 | $761,374 | $253,313 |
| Expenses | $1,868,841 | $1,744,927 | $1,270,557 |
| Qualifying Distributions | $1,799,058 | $1,685,098 | $1,202,542 |
| Net Investment Income | $616,426 | $100,246 | $179,030 |
| Distributable Amount | $1,921,518 | $1,560,191 | $1,545,653 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached ($1,799,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED WILMINGTON, DE | GENERAL | $1,799,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERRISH H MILLIKEN III | ADVISOR | 10 | — |
| STEPHEN G MILLIKEN | ADVISOR | 10 | — |
| GAIL MILLIKEN | ADVISOR | 10 | — |
| ZACHARY M MANGANELLO | ADVISOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Winky Foundation Co Wilmington Trust Co fund?
The foundation's primary activities center on gifts, grants, and loans to other organizations. Based on recent filings, the foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from The Winky Foundation Co Wilmington Trust Co?
The foundation maintains a highly selective grantmaking approach. In fiscal year 2024, the foundation made one grant totaling $1,799,000. This represents a giving rate of approximately 13.8% of assets. **Application Policy:** The foundation does not accept unsolicited applications and operates on an invite-only basis. **Geographic Restrictions:** Funding is limited to in-state (Delaware) recipients.
What size grants does The Winky Foundation Co Wilmington Trust Co award?
In 2024, The Winky Foundation Co Wilmington Trust Co awarded 1 grants totaling $1.8M — an average of about $1.8M per grant, based on its IRS Form 990 filings.
How much is The Winky Foundation Co Wilmington Trust Co required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Winky Foundation Co Wilmington Trust Co reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Winky Foundation Co Wilmington Trust Co's EIN?
The Winky Foundation Co Wilmington Trust Co's EIN (Employer Identification Number) is 51-6508170. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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