WIMCO Charitable Foundation Inc

Foundation · Grantmaker 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.

Key facts about WIMCO Charitable Foundation Inc

EIN: 86-2419644
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $171,433
Grants made (2024): 22
Average grant: $7,792
Median grant: $1,688
Total assets: $339,721
Primary geography: North Carolina (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who WIMCO Charitable Foundation Inc funds

By grant dollars, the top recipient states for WIMCO Charitable Foundation Inc's 22 itemized 2024 grants were North Carolina (98%). The most frequent recipient cities were Washington, NC (11 grants) and Greenville, NC (3 grants). 77% of grants with a stated purpose were for general or operating support. Recurring purposes include "Support" (3 grants).

How WIMCO Charitable Foundation Inc gives

22% of 2024 grantees were also funded in 2023. Method
Giving grew 79% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with WIMCO Charitable Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$340K

+247.5% YoY

Annual Giving

$171K

+2.0% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $168K (98%)

South Carolina $3K (2%)

Share of all 22 itemized 2024 grant dollars.

States

North Carolina Oregon South Carolina

Cities

WashingtonGreenvilleWake ForestWintervilleCaryCharlotteChocowinityJacksonvilleMauldinNewportSimpsonSistersVanceboroWilliamstonWilson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

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

54 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
ACES FOR AUTISM Greenville, NC	Operations and General Support	$49,555
KRISTI OVERTON JOHNSON MINISTRIES Greenville, NC	Operations and General Support	$25,000
DAUGHTERS OF WORTH Greenville, NC	Operations and General Support	$24,555
KELLY CHILDRENS HOME Washington, NC	Operations and General Support	$24,555
EAGLE'S WINGS FOOD PANTRY Washington, NC	Operations and General Support	$10,500
OPEN DOOR COMMUNITY CENTER Washington, NC	Operations and General Support	$10,000
Elmer Ray Squires Washington, NC	Funeral Expenses	$9,282
Washington High School Washington, NC	Student Support	$3,000
CHERRYANNE'S WISH - Shriners Childrens Hospital Greenville, SC	Operations and General Support	$2,500
BRENT HAMILTON Washington, NC	Support	$2,000

Leadership & Key People

Officers and directors from IRS filings

WIMCO Charitable Foundation Inc is led by Kevin D. Rawls, President & Director on every filing since 2021; none of the 10 officers listed in 2022 report compensation.

Officers on the 2022 filing

Kevin D. Rawls

President & Director

On filings since 2021

1 hr/week

No compensation reported
Bryan Rich

Director

On filings since 2021

1 hr/week

No compensation reported
Dana Eddings

Director

On filings since 2021

1 hr/week

No compensation reported
Daniel G. Oliver

Director

On filings since 2021

1 hr/week

No compensation reported
Emily Eddings

Secretary & Director

On filings since 2021

1 hr/week

No compensation reported
Jeryl S. Rawls

Director

On filings since 2021

1 hr/week

No compensation reported
Josh E. Eddings

Director

On filings since 2021

1 hr/week

No compensation reported
Kelly Fountain

Director

On filings since 2021

1 hr/week

No compensation reported
Lindsey Griffin

Director

On filings since 2021

1 hr/week

No compensation reported
Lisa Cartwright

Director

On filings since 2021

1 hr/week

No compensation reported

Data from IRS Form 990 filings, 2021–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.