WIMCO Charitable Foundation Inc

WASHINGTON, NC EIN: 86-2419644

WIMCO Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 22 grants totaling $171K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$340K

+247.5% YoY

Annual Giving

$171K

+2.0% YoY

Grant Count

22

+29.4% YoY

Avg Grant Size

$8K

-21.2% YoY

Under IRS private-foundation payout rules, WIMCO Charitable Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About WIMCO Charitable Foundation Inc

Based on IRS filings

WIMCO Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 22 grants totaling $171K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CaryCharlotteChocowinityGreenvilleJacksonvilleMauldinNewportSimpsonSistersVanceboroWake ForestWashingtonWilliamstonWilsonWinterville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$129K$258K$388K$517K2021202220232024
Metric202420232022
Total Assets$339,721$97,753$89,365
Revenue$469,923$195,926$168,235
Expenses$227,955$187,538$168,743
Qualifying Distributions$202,695$168,082$145,525
Net Investment Income
Distributable Amount$9,425$5,765$5,111

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$86K$129K$171K4 grants202111 grants202217 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ACES FOR AUTISM$50KKRISTI OVERTON JOHNSON M…$25KDAUGHTERS OF WORTH$25KKELLY CHILDRENS HOME$25KEAGLE'S WINGS FOOD PANTRY$11KOPEN DOOR COMMUNITY CENTER$10KElmer Ray Squires$9KWashington High School$3KCHERRYANNE'S WISH - Shri…$3KBRENT HAMILTON$2K

Grant Size Distribution

54 grants across all recorded years

52<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Aces for Autism ($49,555), Kristi Overton Johnson Ministries ($25,000), Daughters of Worth ($24,555).

RecipientPurposeAmount
ACES FOR AUTISM GREENVILLE, NCOperations and General Support$49,555
AUSTIN STRONG HOMERUN DERBY - ECU Heaht WASHINGTON, NCOperations and General Support$500
BARTON COLLEGE WILSON, NCOperations and General Support$1,000
BEAUFORT CO ANIMAL CONTROL WASHINGTON, NCOperations and General Support$636
BRENT HAMILTON Washington, NCSupport$2,000
BROOKWOOD BAPTIST CHURCH JACKSONVILLE, NCOperations and General Support$500
CHERRYANNE'S WISH - Shriners Childrens Hospital Greenville, SCOperations and General Support$2,500
DAUGHTERS FOR DADS WINTERVILLE, NCOperations and General Support$1,375
DAUGHTERS OF WORTH GREENVILLE, NCOperations and General Support$24,555
EAGLE'S WINGS FOOD PANTRY WASHINGTON, NCOperations and General Support$10,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is WIMCO Charitable Foundation Inc?

WIMCO Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, NC. It holds $340K in total assets as of 2024.

How large is WIMCO Charitable Foundation Inc?

As of 2024, WIMCO Charitable Foundation Inc holds $340K in total assets with $470K in annual revenue. It awarded 22 grants totaling $171K in 2024.

Where does WIMCO Charitable Foundation Inc operate?

WIMCO Charitable Foundation Inc has awarded grants in North Carolina, Oregon, South Carolina.

What size grants does WIMCO Charitable Foundation Inc award?

In 2024, WIMCO Charitable Foundation Inc awarded 22 grants totaling $171K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is WIMCO Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, WIMCO Charitable Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is WIMCO Charitable Foundation Inc's EIN?

WIMCO Charitable Foundation Inc's EIN (Employer Identification Number) is 86-2419644. IRS Form 990 filing data is available on this page for 2021–2024.

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

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