William M Shinnick Trust Ua

NEWARK, OH EIN: 31-6024875

William M Shinnick Trust Ua is a private foundation, based in NEWARK, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it awarded 5 grants totaling $648K. Net investment income was $1.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.1M

+7.0% YoY

Annual Giving

$648K

-3.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$130K

-3.2% YoY

Under IRS private-foundation payout rules, William M Shinnick Trust Ua reported a distributable amount of $728K for 2024 — the minimum it must pay out in qualifying distributions.

About William M Shinnick Trust Ua

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $3.2M (100%)

States

Ohio

Cities

Zanesville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,091,917	$11,300,359	$11,183,853
Revenue	$1,514,606	$822,913	$105,766
Expenses	$722,590	$706,610	$772,503
Qualifying Distributions	$677,764	$669,162	$712,699
Net Investment Income	$1,475,483	$785,465	$200,266
Distributable Amount	$728,386	$648,366	$669,144

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Helen Purcell Home ($129,580), Shinnick Educational Fund ($129,580), Zanesville Day Nursey ($129,580).

Recipient	Purpose	Amount
HELEN PURCELL HOME ZANESVILLE, OH	GENERAL	$129,580
SHINNICK EDUCATIONAL FUND ZANESVILLE, OH	GENERAL	$129,580
ZANESVILLE DAY NURSEY ZANESVILLE, OH	GENERAL	$129,580
GENESIS HEALTHCARE FOUNDATION ZANESVILLE, OH	GENRAL	$129,580
ZANESVILLE WELFARE ORGANZATION ZANESVILLE, OH	GENERAL	$129,580

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PARK NATIONAL BANK	TRUSTEE	1	$59,617

Frequently Asked Questions

How large is William M Shinnick Trust Ua?

As of 2024, William M Shinnick Trust Ua holds $12.1M in total assets with $1.5M in annual revenue. It awarded 5 grants totaling $648K in 2024.

Where does William M Shinnick Trust Ua operate?

William M Shinnick Trust Ua has awarded grants in Ohio.

What size grants does William M Shinnick Trust Ua award?

In 2024, William M Shinnick Trust Ua awarded 5 grants totaling $648K — an average of about $130K per grant, based on its IRS Form 990 filings.

How much is William M Shinnick Trust Ua required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William M Shinnick Trust Ua reported a distributable amount of $728K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.