Bruce T Williams Family Foundation
- Assets
- $1.2m
- Revenue
- $42.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 02/2007
- Data as of
- 12/2023
- EIN
- 20-5921672
Organization Overview
Bruce T Williams Family Foundation is located in Amherst, NY. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bruce T Williams Family Foundation 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 12/2023, Bruce T Williams Family Foundation generated $42.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $83.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bruce T Williams Family Foundation has awarded 52 individual grants totaling $256,000. 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 |
|---|---|---|---|
Paula A Wells President | 0.25 | $0 | |
Mark S Carney Trustee | 0.25 | $0 | |
Dale B Demyanick Secretary/treasurer | 0.25 | $0 | |
Julie E Kincaid Vice-President | 0.25 | $0 | |
Mark Rounds Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78 |
| Dividends & Interest | $28,715 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,030 |
| Capital Gain Net Income | $14,030 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,823 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $356 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $12,937 |
| Contributions, gifts, grants paid | $71,000 |
| Total expenses and disbursements | $83,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,210 |
| 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 | $887,664 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,246,219 |
| 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, Bruce T Williams Family Foundation has awarded $71,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BARKER FIRE DEPARTMENT PURPOSE: CHARITABLE | $500 |
EAST AMHERST FIRE DEPARTMENT INC PURPOSE: MEDICAL EQUIPMENT | $5,000 |
HOME OF MY OWN OF WNY INC PURPOSE: CHARITABLE | $10,000 |
LOCKPORT HIGH SCHOOL SCHOLARSHIP FOUNDATION PURPOSE: SCHOLARSHIPS | $3,000 |
MT ST MARY ACADEMY PURPOSE: STEAM SCHOLARSHIPS | $2,500 |
NIAGARA COUNTY HOSPICE PURPOSE: CHARITABLE | $5,000 |