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Windfall Foundation is a private corporation based in MARQUETTE, MI. The foundation received its IRS ruling in 2012. The principal officer is Ken Seavoy. It holds total assets of $6.4M. Annual income is reported at $3.3M. Total assets have grown from $196K in 2011 to $5.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Windfall Foundation has made 3 grants totaling $525K, with a median grant of $15K. Annual giving has decreased from $15K in 2020 to $10K in 2022. Grantmaking activity was highest in 2021 with $500K distributed across 1 grants. Individual grants have ranged from $10K to $500K, with an average award of $175K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Windfall Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MI.
Windfall Foundation has distributed a total of $525K across 3 grants. The median grant size is $15K, with an average of $175K. Individual grants have ranged from $10K to $500K.
Grants are limited to orginazations that have obtained 501(c)(3) status or the united states or any state or political subdivision of any state for use solely for public purposes.
Windfall Foundation is headquartered in MARQUETTE, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth J Seavoy | DIRECTOR | $0 | $0 | N/A |
| Diane B Kribs-Mays | DIRECTOR & S | $0 | $0 | N/A |
| J Stephen Mays | DIRECTOR & P | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$5.4M
Fair Market Value
$5.3M
Net Worth
$5.4M
Grants Paid
$60K
Contributions
$1M
Net Investment Income
$88K
Distribution Amount
$208K
Total Grants
3
Total Giving
$525K
Average Grant
$175K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of Marquette CountyKIDS COVE 2 - PLAYGROUND FOR ALL | Marquette, MI | $10K | 2022 |
| Bay Cliff Health CampDEBT REDUCTION AND LOAN REFINANCING | Big Bay, MI | $500K | 2021 |
| Tri-Township Fire DepartmentFIREFIGHTER PROTECTIVE EQUIPMENT | Rock, MI | $15K | 2020 |