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Florida · Nonprofit

WESTMINSTER FOUNDATION III INC

WESTMINSTER FOUNDATION III INC (Florida) receives grants from 2 organizations whose IRS filings report $27,198,813 to it, the largest being GATEWAY TERRACE INC ($26,198,813). 0 of them have funded it in more than one year.

$343k
Revenue FY2025
2
Funders on record
$27M
Grants received
$23M
Net assets
0/2 repeat funderspeak grant-dependency 99%

Against its field

WESTMINSTER FOUNDATION III INC's revenue fell 99% between 2017 and 2025.

Operating margin100% · outside the comparable range
Revenue growth (annualized)−42% · bottom quartile

this organization peer median middle 50% of peers· 4,472 housing & shelter nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($27M) Expenses 100 ($10k) Net assets 100 ($29M)2018 Revenue 7 ($1.7M) Expenses 24186 ($2.4M) Net assets 99 ($28M)2019 Revenue 1 ($368k) Expenses 90216 ($9.0M) Net assets 68 ($20M)2020 Revenue 7 ($1.9M) Expenses 35 ($4k) Net assets 75 ($21M)2021 Revenue 5 ($1.2M) Expenses 5817 ($582k) Net assets 78 ($22M)2022 Revenue 1 ($351k) Expenses 63 ($6k) Net assets 79 ($23M)2023 Revenue 1 ($186k) Expenses 26 ($3k) Net assets 78 ($22M)2024 Revenue 1 ($180k) Expenses 38 ($4k) Net assets 80 ($23M)2025 Revenue 1 ($343k) Expenses 14 ($1k) Net assets 81 ($23M)
'17'18'19'20'21'22'23'24'25
Revenue (1)Expenses (14)Net assets (81)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of WESTMINSTER FOUNDATION III INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,310 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$26M
17
$683k
18
$8.7M
19
$1.9M
20
$667k
21
$345k
22
$183k
23
$176k
24
$341k
25
0.0
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2021: the base held at 1 funder, grant income fell $26M → $1.0M.

Funder
'17
'21
total
funders
1
1

From the IRS filings of WESTMINSTER FOUNDATION III INC’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

WESTMINSTER FOUNDATION III INC leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2021 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of WESTMINSTER FOUNDATION III INC's grant income comes from Florida funders.

FL

In-state vs out-of-state, by year

17
21
Florida out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like WESTMINSTER FOUNDATION III INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

15
board members
73%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 25 related entities

  • Asbury Arms North Inc · exempt
  • Asbury Arms Inc · exempt
  • College Arms Towers Inc · exempt
  • Florida Presbyterian Homes Inc · exempt
  • Gateway Terrace Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WESTMINSTER FOUNDATION III INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WESTMINSTER FOUNDATION III INC?
WESTMINSTER FOUNDATION III INC (Florida) receives grants from 2 organizations whose IRS filings report $27,198,813 to it, the largest being GATEWAY TERRACE INC ($26,198,813). 0 of them have funded it in more than one year.
How many funders does WESTMINSTER FOUNDATION III INC have?
IRS filings report 2 organizations giving $27,198,813 in grants to WESTMINSTER FOUNDATION III INC.
Who is the largest funder of WESTMINSTER FOUNDATION III INC?
GATEWAY TERRACE INC is the largest funder on record, with $26,198,813 in grants. The full list of funders is on this page.
How can an organization like WESTMINSTER FOUNDATION III INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing