Donnie Williams Foundation Inc
- Assets
- $19.7m
- Revenue
- $563.3k
- Investments
- $18.0m
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 06/2014
- Data as of
- 12/2022
- 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 12/2022, Donnie Williams Foundation Inc generated $563.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $669.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Donnie Williams Foundation Inc has awarded 133 individual grants totaling $5,588,270. 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 |
|---|---|---|---|
Allen Brown Dir | 1 | $12,000 | |
Mark Granger Dir, Pres, Treas | 4 | $12,000 | |
Greg Johnson Dir | 1 | $12,000 | |
Kenneth Kirk Kinnamon Dir | 1 | $12,000 | |
Kimberly Roemer Dir, Sec | 4 | $12,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/23 | $131,206 |
Foundation Source | 12/30/23 | $67,543 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $672 |
| Dividends & Interest | $337,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,132 |
| Capital Gain Net Income | $178,132 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,829 |
| Total Revenue | $563,317 |
| 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 | $13,075 |
| Depreciation | $0 |
| Occupancy | $191 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135,307 |
| Total operating and administrative expenses | $368,489 |
| Contributions, gifts, grants paid | $300,590 |
| Total expenses and disbursements | $669,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $744,030 |
| 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 | $495,769 |
| Investments—other | $2,490,234 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,736,264 |
| 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 $1,005,072 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BETHESDA UNITED METHODIST CHURCH PURPOSE: SANTA'S ANGELS PROJECT | $2,500 |
CHRISTIAN SHELTER INC PURPOSE: YOUTH COUNSEL & INTERVENTION | $15,000 |
BIG BROTHERS BIG SISTERS OF THE EASTERN SHORE INC PURPOSE: YOUTH MENTORING PROGRAM | $25,000 |
CHRISTIAN SHELTER INC PURPOSE: YOUTH MISSION - MENTORING & ENRICHMENT | $23,000 |
DELMARVA DISCOVERY CENTER & MUSEUM INC PURPOSE: THE BEAUTY AND RESILIENCE OF THE NATIVE AMERICAN CULTURE | $10,000 |
ELEVEN 21 INC PURPOSE: EOPOCH DREAM CENTER AFTER-SCHOOL & SUMMER PROGRAM | $40,000 |