Williams Charitable Foundation
- Assets
- $1.0m
- Revenue
- $36.7k
- Investments
- $954.9k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 26-6428722
Organization Overview
Williams Charitable Foundation is located in Mobile, AL. The organization was established in 2008. 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 Charitable 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, Williams Charitable Foundation generated $36.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $46.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Williams Charitable Foundation has awarded 181 individual grants totaling $974,512. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Williams Co Trustee | 0 | $0 | |
Donna H Williams Co Trustee | 4 | $0 | |
Andrew J Williams Co Trustee Co-Trustee | 0 | $0 | |
Amanda Williams Co Trustee Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $600 |
| Interest on Savings | $5,409 |
| Dividends & Interest | $26,367 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,275 |
| Capital Gain Net Income | $4,275 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $21,036 |
| Printing and publications | $0 |
| Other expenses | $8,381 |
| Total operating and administrative expenses | $32,379 |
| Contributions, gifts, grants paid | $13,679 |
| Total expenses and disbursements | $46,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,064 |
| Savings and temporary cash investments | $49,279 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $1,382 |
| 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 | $814,662 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,019,593 |
| 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 Charitable Foundation has awarded $12,485 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA POLICY INSTITUTE PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $500 |
EAGLES WINGS PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $100 |
GUY MIMS MINISTRIES INC PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $500 |
MCKEMIE PLACE PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $250 |
MEDREACH INC PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $500 |
ONE BY ONE PURPOSE: TO ASSIST WITH ITSCHARITABLE PURPOSE | $3,600 |