The Woltz-Winchester Foundation

Foundation · Grantmaker Winchester, VA EIN: 54-1948947

The Woltz-Winchester Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Winchester, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $323K in total assets. In 2024, it awarded 14 grants totaling $16K. Net investment income was $14K.

Key facts about The Woltz-Winchester Foundation

In short: The Woltz-Winchester Foundation gave $16K across 14 grants in 2024 (avg $1K), mostly in Virginia. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
54-1948947
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$16,050
Grants made (2024)
14
Average grant
$1,146
Median grant
$1,000
New grantees (estimate)
14% first-time grantees (2 of 14, 2024)
Total assets
$322,873
Primary geography
Virginia (100% 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).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$323K

-1.1% YoY

Annual Giving

$16K

-2.7% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$1K

-9.7% YoY

Under IRS private-foundation payout rules, The Woltz-Winchester Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Woltz-Winchester Foundation open to new grantees?

14%

first-time grantees, 2024

In 2024, 2 of 14 grantees (14%) were first-time recipients. First grants averaged $1K; repeat grants $1K. How we count

Medians: $1K first-time, $1K repeat.

  • 71% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+7%). Method
  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 14 itemized 2024 grant dollars.

States

Cities

WinchesterFront Royal

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K9 grants202013 grants202112 grants202213 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Shenarts Council: $2KShenarts Council$2KShenandoah Valley Discovery Museum: $2KShenandoah Valley DiscoveryMuseum$2KThe Godfrey Miller Home & Fellowship Center: $2KThe Godfrey Miller Home &Fellowship Center$2KWinchester Rescue Mission: $2KWinchester Rescue Mission$2KC-Cap: $1KC-Cap$1KFrench & Indian War Foundation: $1KFrench & Indian War Foundation$1KHandley Regional Library: $1KHandley Regional Library$1KMuseum of the Shenandoah Valley: $1KMuseum of the ShenandoahValley$1KThe Laurel Center: $1KThe Laurel Center$1KThe Salvation Army: $1KThe Salvation Army$1K

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SHENARTS COUNCIL Winchester, VAART EDUCATION AND EXHIBITS$2,000
SHENANDOAH VALLEY DISCOVERY MUSEUM Winchester, VACHILDREN'S MUSEUM EDUCATIONAL PROGRAMS$1,800
THE GODFREY MILLER HOME & FELLOWSHIP CENTER Winchester, VAPUBLIC PROGRAMS$1,500
WINCHESTER RESCUE MISSION Winchester, VATO PROVIDE SHELTER AND FOOD TO HOMELESS IN THE COMMUNITY$1,500
C-CAP Winchester, VAPUBLIC ASSISTANCE$1,000
FRENCH & INDIAN WAR FOUNDATION Winchester, VAHISTORICAL MUSEUM$1,000
HANDLEY REGIONAL LIBRARY Winchester, VAPUBLIC ASSISTANCE$1,000
MUSEUM OF THE SHENANDOAH VALLEY Winchester, VATO SUPPORT PUBLIC TRAIL PROJECT$1,000
THE LAUREL CENTER Winchester, VAPUBLIC ASSISTANCE$1,000
THE SALVATION ARMY Winchester, VAPUBLIC ASSISTANCE$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K20202021202220232024
Metric202420232022
Total Assets$322,873$326,535$341,146
Revenue$17,833$4,889$112,545
Expenses$19,970$21,025$21,172
Qualifying Distributions$16,434$16,500$18,000
Net Investment Income$13,530$2,444$109,373
Distributable Amount$17,092$16,031$17,178

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Woltz-Winchester Foundation is led by Nicholas Parthemos, President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nicholas Parthemos

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jerry Kerr

    Director

    Treasurer → Director, 2022

    On filings since 2020

    No compensation reported

  • W. Blake Curtis

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Martha Sims

    Director

    On filings since 2021

    No compensation reported

  • Stephen Shendow

    Director

    On filings since 2021

    No compensation reported

  • Elaine M. Cain

    Treasurer

    Assistant Treasurer → Treasurer, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lynn Bernard

    Vice President

    Director → Vice President, 2022

    On filings since 2020

    No compensation reported

  • Rita Beale

    Assistant Secretary

    On filings since 2020

    No compensation reported

  • Sarah Powers

    Secretary

    On filings since 2020

    No compensation reported

Former officers (2)
  • Former: Keveney Furst (2021–2023) — Director
  • Former: N. Randolph Bryant (2020–2021) — Vice President

Data from IRS Form 990 filings, 2020–2024. "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 Woltz-Winchester Foundation

How much does The Woltz-Winchester Foundation give each year?

The Woltz-Winchester Foundation gave $16K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17K across 13 grants.

What is The Woltz-Winchester Foundation's typical grant size?

The Woltz-Winchester Foundation's median grant in 2024 was $1,000, and its average grant was $1,146, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Woltz-Winchester Foundation that year got $1K on average.

Where does The Woltz-Winchester Foundation give grants?

The Woltz-Winchester Foundation gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Winchester, VA (13 grants).

Does The Woltz-Winchester Foundation give general operating support?

Not in 2024: none of the 14 grants with a stated purpose on The Woltz-Winchester Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public Assistance" (4 grants).

Who are The Woltz-Winchester Foundation's largest grantees?

The Woltz-Winchester Foundation's largest 2024 grantees include Shenarts Council ($2,000), Shenandoah Valley Discovery Museum ($1,800) and The Godfrey Miller Home & Fellowship Center ($1,500), according to its 2024 IRS Form 990-PF. Together they received 33% of its itemized 2024 grant dollars.

How large is The Woltz-Winchester Foundation?

The Woltz-Winchester Foundation reported $323K in total assets on its 2024 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is The Woltz-Winchester Foundation?

The Woltz-Winchester Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Winchester, VA. It holds $323K in total assets as of 2024.

What is The Woltz-Winchester Foundation's EIN?

The Woltz-Winchester Foundation's EIN (Employer Identification Number) is 54-1948947. IRS Form 990 filing data is available on this page for 2020–2024.

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

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