Donnie Williams Foundation Inc
- Assets
- $19.8m
- Revenue
- $4.7m
- Investments
- $17.7m
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 45-5442255
Organization Overview
Donnie Williams Foundation Inc is located in Salisbury, MD. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Donnie Williams 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, Donnie Williams Foundation Inc generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Donnie Williams Foundation Inc has awarded 85 individual grants totaling $4,282,608. 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 |
|---|---|---|---|
Kenneth Kirk Kinnamon Dir | 1 | $12,000 | |
Allen Brown Dir | 1 | $12,000 | |
Mark Granger Dir, Pres, Treas | 4 | $12,000 | |
Greg Johnson Dir | 1 | $12,000 | |
Kimberly Roemer Dir, Sec | 4 | $12,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/21 | $58,227 |
Morgan Stanley | 12/30/21 | $167,956 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,344,704 |
| Interest on Savings | $344 |
| Dividends & Interest | $338,365 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $577,341 |
| Capital Gain Net Income | $577,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $464,336 |
| Total Revenue | $4,725,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,358 |
| Depreciation | $0 |
| Occupancy | $331 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $121,601 |
| Total operating and administrative expenses | $413,506 |
| Contributions, gifts, grants paid | $770,757 |
| Total expenses and disbursements | $1,184,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,123,382 |
| 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 | $1,027,000 |
| Investments—mortgage loans | $669,967 |
| Investments—other | $2,254,136 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,842,026 |
| 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, Donnie Williams Foundation Inc has awarded $770,757 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Leonardtown, MD PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
Leonardtown, MD PURPOSE: DONNIE WILLIAMS CENTER | $150,000 |
Hebron, MD PURPOSE: EPOCH DREAM CENTER AFTER-SCHOOL AND SUMMER PROGRAM | $50,000 |
Salisbury, MD PURPOSE: DOLLY PARTON'S IMAGINATION LIBRARY | $37,500 |
WICOMICO COUNTY BOARD OF EDUCATION PINEHURST ELEM PURPOSE: ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL) COMMUNITY LIASON | $32,595 |
New Castle, DE PURPOSE: SALISBURY CHILDREN'S THERAPY - SUPPORT OF THERAPIST POSITION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |