The Woltz-Winchester Foundation
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
Share of all 14 itemized 2024 grant dollars.
States
Cities
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SHENARTS COUNCIL Winchester, VA | ART EDUCATION AND EXHIBITS | $2,000 |
| SHENANDOAH VALLEY DISCOVERY MUSEUM Winchester, VA | CHILDREN'S MUSEUM EDUCATIONAL PROGRAMS | $1,800 |
| THE GODFREY MILLER HOME & FELLOWSHIP CENTER Winchester, VA | PUBLIC PROGRAMS | $1,500 |
| WINCHESTER RESCUE MISSION Winchester, VA | TO PROVIDE SHELTER AND FOOD TO HOMELESS IN THE COMMUNITY | $1,500 |
| C-CAP Winchester, VA | PUBLIC ASSISTANCE | $1,000 |
| FRENCH & INDIAN WAR FOUNDATION Winchester, VA | HISTORICAL MUSEUM | $1,000 |
| HANDLEY REGIONAL LIBRARY Winchester, VA | PUBLIC ASSISTANCE | $1,000 |
| MUSEUM OF THE SHENANDOAH VALLEY Winchester, VA | TO SUPPORT PUBLIC TRAIL PROJECT | $1,000 |
| THE LAUREL CENTER Winchester, VA | PUBLIC ASSISTANCE | $1,000 |
| THE SALVATION ARMY Winchester, VA | PUBLIC ASSISTANCE | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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.
Here's the math on researching The Woltz-Winchester Foundation by hand.
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