Thomas C And Ann L Webster Charitable Foundation Inc is located in Hilton Head Island, SC. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Thomas C And Ann L Webster Charitable Foundation 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 12/2021, Thomas C And Ann L Webster Charitable Foundation Inc generated $11.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $3.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas C And Ann L Webster Charitable Foundation Inc has awarded 63 individual grants totaling $173,070. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTE FUNDS TO SECTION 501(C)(3) PUBLIC CHARITIES FOR THEIR PRIMARY EXEMPT ORGANIZATION PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Webster Director | 0 | $0 | |
Ann Webster Director | 0 | $0 | |
Marc A Puntereri Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $11,456 |
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 | $11,456 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,288 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7 |
Total operating and administrative expenses | $1,295 |
Contributions, gifts, grants paid | $2,400 |
Total expenses and disbursements | $3,695 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,136 |
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 | $517,610 |
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, Thomas C And Ann L Webster Charitable Foundation Inc has awarded $2,400 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
HERITAGE CLASSSIC FOUNDATION PURPOSE: FOR EXEMPT PURPOSE OF ORGANIZATION | $2,000 |
SPARTANBURG REGIONAL FOUNDATON PURPOSE: FOR EXEMPT PURPOSE OF ORGANIZATION | $200 |
MEMORY MATTERS PURPOSE: FOR EXEMPT PURPOSE OF ORGANIZATION | $100 |
FIRST BAPTIST CHURCH PURPOSE: FOR EXEMPT PURPOSE OF ORGANIZATION | $100 |
Organization Name | Assets | Revenue |
---|---|---|
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |
Nagrodsky Family Foundation Charleston, SC | $7,938,380 | $247,514 |
R Harold And Patsy Harrison Foundation Inc Brookhaven, GA | $31,730,871 | $2,128,634 |
National Association Of Chapter 13 Trustees Columbia, SC | $849,459 | $1,212,204 |
W O And Ann Powers Foundation Inc Florence, SC | $6,582,081 | $44,065 |
Kauffman Foundation Inc Atlanta, GA | $20,247,630 | $14,268,828 |
Charles A Cannon Charitable Trust No 3 Winstonsalem, NC | $11,245,815 | $429,551 |
Breman Foundation Inc Atlanta, GA | $15,316,218 | $1,852,961 |
The Wlt Foundation Greenville, SC | $9,555,960 | $1,192,806 |
Kyle Pease Foundation Inc Atlanta, GA | $679,129 | $1,023,596 |