THE WINSTON CHURCHILL FOUNDATION OF THE UNITED STATES

EIN: 046078351 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$1,529,167
Total Expenses
$1,955,960
Total Assets
$24,602,432
Net Assets
$23,797,173
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
DE
Principal Officer
MICHAEL MORSE
Phone
2127523200
Tax Period
2023-01-01 to 2023-12-31

THE WINSTON CHURCHILL FOUNDATION OF THE UNITED STATES, founded in 1959, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 28% operating deficit.

Mission

THE CHURCHILL FOUNDATION ANNUALLY PROVIDES UP TO EIGHTEEN CHURCHILL SCHOLARSHIPS FOR GRADUATE STUDENTS IN THE SCIENCES, ENGINEERING AND MATHEMATICS AT THE UNIVERSITY OF CAMBRIDGE, ENGLAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $698,460
Program Service Revenue $0
Investment Income $830,707
Other Revenue $0
TOTAL REVENUE $1,529,167

Expense Breakdown

Grants Paid $1,366,074
Salaries & Benefits $412,221
Fundraising Expenses $72,023
Program Expenses $1,712,178
Other Expenses $177,665
TOTAL EXPENSES $1,955,960

Year-over-Year Comparison

2023 2022 Change
Revenue $1,529,167 $1,981,427 -0.2%
Expenses $1,955,960 $1,940,794 +0.0%
Net Income $-426,793 $40,633 -11.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
2
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$353,309
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN L LOEB JR CHAIRMAN 1.00
Officer Director
$0 $0 $0
PATRICK A GERSCHEL PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID D BURROWS TREASURER 1.00
Officer Director
$0 $0 $0
JAMES A FITZPATRICK JR ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM L BERNHARD BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH LOEB BRICE BOARD MEMBER 1.00
Director
$0 $0 $0
RANDOLPH LS CHURCHILL BOARD MEMBER 1.00
Director
$0 $0 $0
DAME ATHENE DONALD BOARD MEMBER 1.00
Director
$0 $0 $0
BRADBURY DYER III BOARD MEMBER 1.00
Director
$0 $0 $0
MARIO J GABELLI BOARD MEMBER 1.00
Director
$0 $0 $0
DMITRY GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
WARREN B KANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS A RUSSO BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA SOAMES BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCIS J DOYLE III BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLAS NACLERIO BOARD MEMBER 1.00
Director
$0 $0 $0
ELANA S BRONSON ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH D MANN BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL WESLEY BOARD MEMBER 1.00
Director
$0 $0 $0
HONORABLE JOHN LOEB JR BOARD MEMBER 1.00
Director
$0 $0 $0
PROFESSOR MARK GERSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL A MORSE EXECUTIVE DIRECTOR 40.00
Officer
$285,000 $68,309 $353,309
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,529,167 $1,955,960 $24,602,432 $-426,793
2022 $1,981,427 $1,940,794 $20,949,210 $40,633
2021 $4,213,003 $1,796,490 $25,815,032 $2,416,513
2020 $2,133,784 $1,163,634 $22,719,794 $970,150
2019 $1,114,870 $1,536,504 $19,570,838 $-421,634
2018 $1,127,583 $1,337,646 $16,854,852 $-210,063
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