Williams Companies Foundaton Inc
- Assets
- $65.4m
- Revenue
- $14.9m
- Investments
- $54.8m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/1975
- Data as of
- 12/2023
- EIN
- 23-7413843
Organization Overview
Williams Companies Foundaton Inc is located in Tulsa, OK. The organization was established in 1975. 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. Williams Companies Foundaton Inc 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, Williams Companies Foundaton Inc generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $10.7m during the year ending 12/2023. While expenses have increased by 19.4% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie L Pickle Chairman Of The Board/director | 1 | $0 | |
Laura B Creekmur President | 1 | $0 | |
Peter S Burgess Treasurer | 1 | $0 | |
T Lane Wilson Secretary/director | 1 | $0 | |
Robert E Riley Jr Assistant Secretary | 1 | $0 | |
Alan S Armstrong Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,600,000 |
| Interest on Savings | $2,011 |
| Dividends & Interest | $3,289,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,891,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,302 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $42,302 |
| Contributions, gifts, grants paid | $10,669,915 |
| Total expenses and disbursements | $10,712,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,315 |
| Savings and temporary cash investments | $10,581,529 |
| 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 | $65,386,393 |
| 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, Williams Companies Foundaton Inc has awarded $10,669,915 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITIES AID FOUNDATION OF AMERICA PURPOSE: GENERAL OPERATIONS, HEALTH & WELFARE, SCHOLARSHIPS AND EDUCATION | $1,458,734 |
TULSA COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATIONS, HEALTH & WELFARE, SCHOLARSHIPS AND EDUCATION | $9,211,181 |