William G Porter Foundation
- Assets
- $1.2m
- Revenue
- $84.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Williamsport, MD
- Founding
- 05/2002
- Data as of
- 06/2024
- EIN
- 52-7228917
Organization Overview
William G Porter Foundation is located in Williamsport, MD. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 G Porter 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 06/2024, William G Porter Foundation generated $84.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $83.6k during the year ending 06/2024. While expenses have increased by 2.4% per year over the past 8 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 2016, William G Porter Foundation has awarded 32 individual grants totaling $547,964. 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 |
|---|---|---|---|
Edward L Kuczynski Trustee | 5 | $2,674 | |
James M Mcgarity Trustee | 1 | $2,674 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17 |
| Dividends & Interest | $41,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,118 |
| Capital Gain Net Income | $43,118 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,348 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $246 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $8,054 |
| Contributions, gifts, grants paid | $75,500 |
| Total expenses and disbursements | $83,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,114 |
| 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 | $1,079,810 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,196,788 |
| 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 G Porter Foundation has awarded $75,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION OF WESTERN MARYLAND PURPOSE: CHARITABLE | $18,875 |
HOSPICE OF WASHINGTON COUNTY INC PURPOSE: CHARITABLE | $18,875 |
MARYLAND THEATRE ASSOCIATION PURPOSE: CHARITABLE | $18,875 |
WASHINGTON COUNTY FREE LIBRARY PURPOSE: CHARITABLE | $18,875 |