William Blair & Glen E Waltrip Family Foundation
- Assets
- $2.4m
- Revenue
- $153.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1998
- Data as of
- 12/2022
- EIN
- 31-1614316
Organization Overview
William Blair & Glen E Waltrip Family Foundation is located in Houston, TX. The organization was established in 1998. 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. William Blair & Glen E Waltrip 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 12/2022, William Blair & Glen E Waltrip Family Foundation generated $153.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $269.2k during the year ending 12/2022. While expenses have increased by 12.4% 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.
Since 2020, William Blair & Glen E Waltrip Family Foundation has awarded 76 individual grants totaling $422,137. 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 |
|---|---|---|---|
William Blair Waltrip President | 1 | $0 | |
Glen E Waltrip Vice President | 1 | $0 | |
Elizabeth B Waltrip Vice President / Secretary | 1 | $0 | |
Robert L Waltrip Deceased 22723 Director | 1 | $0 | |
Catherine L Waltrip Vice President / Treasurer | 1 | $43,269 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,184 |
| Capital Gain Net Income | $98,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $153,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,269 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,138 |
| Total operating and administrative expenses | $58,379 |
| Contributions, gifts, grants paid | $210,778 |
| Total expenses and disbursements | $269,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,291 |
| Savings and temporary cash investments | $0 |
| 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 | $2,399,791 |
| 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 | $3,848 |
| Total liabilities | $3,848 |
Grants Awarded
Over the last fiscal year, William Blair & Glen E Waltrip Family Foundation has awarded $210,778 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
KIMBERLY HARTMAN PURPOSE: LOW INCOME | $100 |
LYNTASHA PARTEE PURPOSE: LOW INCOME | $29,834 |
APRIL TAYLOR PURPOSE: LOW INCOME | $2,523 |
NIESHA PARTEE PURPOSE: LOW INCOME | $30,532 |
AURMONI PARTEE PURPOSE: LOW INCOME | $5,716 |
BUDDY BUCKETS PURPOSE: LOW INCOME | $1,483 |