Horace Williams Memorial Fund
- Assets
- $439.3k
- Revenue
- $50.2k
- Investments
- $431.8k
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 08/1972
- Data as of
- 08/2022
- EIN
- 01-6008547
Organization Overview
Horace Williams Memorial Fund is located in Augusta, ME. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2022, Horace Williams Memorial Fund generated $50.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $40.5k during the year ending 08/2022. While expenses have increased by 2.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Horace Williams Memorial Fund has awarded 90 individual grants totaling $132,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kennebec Savings Bank Agent | 1 | $4,619 | |
Andrew E Silsby Trustee | 0 | $0 | |
Mark L Johnston Trustee | 0 | $0 | |
William S Hill Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86 |
| Dividends & Interest | $12,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,296 |
| Capital Gain Net Income | $37,296 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,619 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,490 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $40,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,520 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $439,311 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Horace Williams Memorial Fund has awarded $33,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
EMERSON COLLEGE - KAILEY PELLETIER PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
BOSTON COLLEGE - THOMAS TRAFTON PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
GORDON COLLEGE - ERIN RICHARDSON PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
UNIVERSITY OF MAINE AT ORONO - MICH PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
ST JOSEPH'S COLLEGE - JILLIAN PINO PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
Rochester, NY PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |
Albert B Glickman Family Foundation Portland, ME | $24,527,916 | $3,353,968 |
Emily Landecker Foundation Hanover, NH | $38,846,417 | $4,476,586 |
Opportunity Networks Inc Amherst, NH | $2,792,676 | $4,076,100 |
The Bob Crewe Foundation Cumberland Foreside, ME | $17,458,318 | $1,381,520 |
Roxanne Quimby Foundation Inc Portland, ME | $37,980,106 | $2,835,642 |
Frank M & Olive E Gilman Foundation Inc Enfield, NH | $33,453,249 | $3,949,381 |
Jackson Hole Ranch Conservancy Foundation Exeter, NH | $0 | $1,922,389 |