NEWARK, OH

William M Shinnick Trust

Also known as: UA DTD 04/25/1923

Quick Facts

EIN: 316024875
Location: NEWARK, OH
Phone: (740) 455-7252
Category: General
Total Assets: $12.1M
Annual Income: $5.1M
IRS Ruling Year: 1971
Organization Type: Non-Operating Foundation
Principal Officer: % Bank One Trust Company Na
Tax Deductibility: Contributions are deductible

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About This Foundation

William M Shinnick Trust is a private trust based in NEWARK, OH. The foundation received its IRS ruling in 1971. The principal officer is % Bank One Trust Company Na. It holds total assets of $12.1M. Annual income is reported at $5.1M. According to available records, William M Shinnick Trust has made 15 grants totaling $1.8M, with a median grant of $118K. Annual giving has grown from $545K in 2020 to $712K in 2022. Individual grants have ranged from $109K to $142K, with an average award of $123K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Frequently Asked Questions

What does William M Shinnick Trust fund?

William M Shinnick Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in OH.

How much does William M Shinnick Trust give in grants?

William M Shinnick Trust has distributed a total of $1.8M across 15 grants. The median grant size is $118K, with an average of $123K. Individual grants have ranged from $109K to $142K.

How do I apply for a grant from William M Shinnick Trust?

William M Shinnick Trust typically selects its grantees rather than accepting unsolicited proposals.

Where is William M Shinnick Trust located?

William M Shinnick Trust is headquartered in NEWARK, OH.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

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GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$707K

2023-9%

Total Assets

$11.3M

2023+1%

Fair Market Value

$14.2M

2023

Net Worth

$11.3M

2023

Grants Paid

$669K

2023

Contributions

2023

Net Investment Income

$785K

2023

Distribution Amount

$648K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $6.9M

Corporate Stock (52%)

Corporate Bonds (19%)

Other Investments (23%)

Cash (7%)

Expense Breakdown (2023)

Revenue Sources (2023)

Capital Gains (Net): $510K
Dividends: $313K

Financial Details (2023)

Total Revenue: $823K
Total Expenses: $707K
Exempt Purpose Expenses: $669K
Required Distribution: $648K
Undistributed Income: $648K
Total Liabilities: $1
Excise Tax: $11K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$1.8M

Average Grant

$123K

Median Grant

$118K

Unique Recipients

Most Common Grant

$109K

Grant Disbursements by Year

Grant Range

Min$109K

Max$142K

Median: $118K

Smallest grantLargest grant

Openness to New Grantees (2022)

of 2022 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

OH$1.8M (15)

Past Grantees

Recipient	Location	Amount	Year
William Shinnick Educational FundGENERAL	Zanesville, OH	$142K	2022
Helen Purcell HomeGENERAL	Zanesville, OH	$142K	2022
Zanesville Goodwill InsustriesGENERAL	Zanesville, OH	$142K	2022
Genesis Healthcare FdnGENERAL	Zanesville, OH	$142K	2022
Zanesville Day NurseryGENERAL	Zanesville, OH	$142K	2022