Williams Foundation is located in Reno, NV. The organization was established in 2015. 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 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 Foundation generated $17.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $30.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Williams Foundation has awarded 95 individual grants totaling $1,420,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christian Chimits Trustee (to Feb 1, 2024) | 1 | $0 | |
Christopher Williams Trustee | 1 | $0 | |
Ron Collins Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $140 |
Dividends & Interest | $53,283 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$37,365 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $983 |
Total Revenue | $17,041 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $796 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $30,148 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $30,148 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $51,659 |
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 | $2,546,452 |
Net Land, buildings, and equipment | $0 |
Other assets | $4,804 |
Total assets | $2,602,915 |
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, Williams Foundation has awarded $209,500 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
RENO PHILHARMONIC PURPOSE: FOR SUPPORT OF COMMUNITY ORCHESTRA AND EDUCATIONAL PROGRAMS | $5,000 |
COMPASSION INTERNATIONAL PURPOSE: FOR SUPPORT OF INTERNATIONAL MINISTRIES | $5,000 |
FOCUS ON THE FAMILY PURPOSE: FOR AID TO FAMILIES AND PARENTS | $5,000 |
K LOVE PURPOSE: FOR SUPPORT OF INTERNATIONAL MINISTRIES | $15,000 |
MERCY SHIPS INTERNATIONAL PURPOSE: FOR MEDICAL AID TO INDIGENT FAMILIES OR PERSONS | $20,000 |
RENO-SPARKS GOSPEL PURPOSE: FOR AID TO INDIGENT FAMILIES OR PERSONS | $40,000 |