William Gaston Allen Foundation
- Assets
- $3.2m
- Revenue
- $117.5k
- Investments
- $3.2m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 03/2019
- Data as of
- 02/2022
- EIN
- 35-7201867
Organization Overview
William Gaston Allen Foundation is located in Orlando, FL. The organization was established in 2019. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Gaston Allen 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 02/2022, William Gaston Allen Foundation generated $117.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (67.7%) each year. All expenses for the organization totaled $147.1k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Truist Bank Lead Trustee | 1 | $48,578 | |
Ray Warren Trustee | 1 | $0 | |
Rick Clayton Trustee | 1 | $0 | |
Taylor Greg Potter Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,012 |
| Dividends & Interest | $75,103 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,396 |
| Capital Gain Net Income | $41,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,578 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,285 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,298 |
| Total operating and administrative expenses | $53,161 |
| Contributions, gifts, grants paid | $93,940 |
| Total expenses and disbursements | $147,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,454 |
| 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 | $1,098,370 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $400 |
| Total assets | $3,236,440 |
| 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, William Gaston Allen Foundation has awarded $348,004 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Taylors, SC PURPOSE: GENERAL | $46,970 |
Taylors, SC PURPOSE: GENERAL | $46,970 |
Goldsboro, NC PURPOSE: GENERAL | $42,344 |
BRUNSWICK TECHNICAL COLLEGE FDN PURPOSE: GENERAL | $42,344 |
Goldsboro, NC PURPOSE: GENERAL | $42,344 |
WAKE TECH FOUNDATION PURPOSE: GENERAL | $42,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agmus Ventures Inc Orlando, FL | $37,164,923 | $55,828,300 |
New World Symphony Inc Miami Beach, FL | $279,723,631 | $46,402,310 |
Poynter Institute For Media Studies Inc St Petersburg, FL | $51,768,897 | $13,169,218 |
Larkin University Corp Miami, FL | $15,883,479 | $7,901,976 |
Atlanta General Education Center Inc Norcross, GA | $3,508,771 | $4,772,601 |
Reformation Bible College Inc Sanford, FL | $392,858 | $12,390,616 |
Huntsville Baptist Institute Inc Huntsville, AL | $1,531,999 | $1,030,360 |
Association Of Collegiate Schools Of Planning Inc Tallahassee, FL | $777,149 | $532,348 |
Unad Florida Inc Sunrise, FL | $683,686 | $584,565 |
Higher Education Partnership Montgomery, AL | $786,156 | $629,024 |
Medical Career Academy Inc Palm Beach Gardens, FL | $1,015,799 | $532,336 |
Take Stock In Children Of Broward County Inc Miramar, FL | $1,026,202 | $400,276 |