Windsong Trust is a private foundation established in 2004 following the death of Martin Crowley, co-founder of Patrón Spirits Company. Crowley, who died in Anguilla in 2003, left his 50% ownership of Patrón to create this charitable foundation. Based in Manhattan Beach, California, the trust has become one of the largest charities in Southern California with total assets of approximately $431-432 million. The foundation operates with a small staff of 3 employees and is led by Co-Trustees Gigi Osco-Bingemann and Vadim Fridman, who both served as Co-Executors of the Crowley Estate.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$431.8M
+0.6% YoY
Annual Giving
$24.1M
-1.7% YoY
Grant Count
78
-7.1% YoY
Avg Grant Size
$309K
+5.9% YoY
Mission & Focus Areas
Windsong Trust is dedicated to providing educational opportunities for underprivileged children worldwide. The foundation's grantmaking focuses on education, philanthropy, voluntarism, and human services. Recent grants have supported educational program support, scholarship programs, and student programming initiatives.
Grantmaking
The foundation does not maintain a public website and does not accept unsolicited funding requests. Applications are by invitation only to preselected organizations.
Grant Range
s:**
Average Grant
$291,395 - $295,900
How to Apply
**
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Geographic Focus
Where this funder awards grants
Windsong Trust funds organizations in the United States (California, Nevada, Maryland, New York, and Oklahoma) and the Caribbean (St. Kitts, Nevis, and Anguilla).
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $431,816,579
Annual Revenue & Giving:
- 2024 Total Revenue: $30,539,238
- 2024 Total Expenses: $28,537,628
- 2023 Annual Giving: $24,477,171
Financial Structure: The foundation's revenue primarily comes from investment returns rather than contributions, reflecting its endowed structure. In 2023, grants represented 89.1% of total expenses.
Contact Information:
- Address: 838 Manhattan Beach Blvd, Manhattan Beach, CA 90266-4933
- Phone: 310-747-4600
- EIN: 56-2461733
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $431,816,579 | $429,269,787 | $432,637,568 |
| Revenue | $30,539,238 | $25,976,766 | $36,236,726 |
| Expenses | $28,537,628 | $29,275,159 | $30,151,551 |
| Qualifying Distributions | $25,437,583 | $26,017,969 | $26,141,800 |
| Net Investment Income | $28,017,812 | $23,221,598 | $30,447,945 |
| Distributable Amount | $24,411,839 | $24,519,229 | $25,649,032 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Gigi Osco-Bingemann - Co-Trustee
- Vadim Fridman - Co-Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GIGI OSCO-BINGEMANN | CO-TRUSTEE | 40 | $683,215 |
| VADIM FRIDMAN | CO-TRUSTEE | 40 | $683,216 |
Recent News & Activity
Recent developments and announcements
Recent grants have been awarded to organizations including the Smith Center for student programming and Spread the Word Nevada for educational initiatives. The foundation continues to distribute substantial grants annually to support educational programs and opportunities for underprivileged children.
Windsong Trust Grants Spread the Word Nevada $185,000 - Spread the Word NevadaSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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