William C Bowling Sr Memorial Fund is located in Warwick, RI. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William C Bowling Sr Memorial Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, William C Bowling Sr Memorial Fund generated $7.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, William C Bowling Sr Memorial Fund has awarded 55 individual grants totaling $104,800. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE TO 8 SCHOOLS RANGED FROM 1,500 - 2,000 FOR PURPOSE TO ENHANCE THE QUALITY OF EDUCATION FOR RI YOUTH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Charland Treasurer | 0 | $0 | |
Scott Avedisian Vice Preside | 0 | $0 | |
Kathleen Cote Bowling MD President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,574 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $16,784 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,262 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $19,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,422 |
| Savings and temporary cash investments | $3,747 |
| 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 | $331,391 |
| 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 |
Over the last fiscal year, William C Bowling Sr Memorial Fund has awarded $15,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PAUL CUFFEE SCHOOL PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $2,000 |
SAN MIGUEL SCHOOL PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $2,000 |
SOPHIA ACADEMY PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $2,000 |
LASALLE ACADEMY PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $2,000 |
READ TO SUCCEED PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $1,500 |
ST PETER'S CHURCH CCD PURPOSE: SUPPORT EDUCATION FOR RI YOUTH | $2,000 |