Jesse Parker Williams Foundation
- Assets
- $39.9m
- Revenue
- $3.1m
- Investments
- $37.8m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/1956
- Data as of
- 12/2021
- EIN
- 58-0601653
Organization Overview
Jesse Parker Williams Foundation is located in Atlanta, GA. The organization was established in 1956. 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. Jesse Parker 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 12/2021, Jesse Parker Williams Foundation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jesse Parker Williams Foundation has awarded 167 individual grants totaling $5,768,739. 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 |
|---|---|---|---|
Bonnie S Hardage Executive Director | 32 | $173,000 | |
Bianca Bell MD Trustee | 1 | $0 | |
Madelyn R Adams Trustee | 1 | $0 | |
Larry L Gellerstadt III Trustee | 1 | $0 | |
E Jenner Wood III Chair | 1 | $0 | |
Richard A Schneider Vice-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $497,970 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,555,968 |
| Capital Gain Net Income | $2,431,215 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,053,938 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $173,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,268 |
| Interest | $0 |
| Taxes | $61,499 |
| Depreciation | $4,109 |
| Occupancy | $22,513 |
| Travel, conferences, and meetings | $5,216 |
| Printing and publications | $0 |
| Other expenses | $37,753 |
| Total operating and administrative expenses | $480,474 |
| Contributions, gifts, grants paid | $1,702,300 |
| Total expenses and disbursements | $2,182,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $884,502 |
| Savings and temporary cash investments | $1,201,337 |
| 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 | -$201 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,391,408 |
| Net Land, buildings, and equipment | $23,263 |
| Other assets | $2,546 |
| Total assets | $39,908,232 |
| 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 | $1,058 |
| Total liabilities | $1,058 |
Grants Awarded
Over the last fiscal year, Jesse Parker Williams Foundation has awarded $1,702,300 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: ADVANCING HEALTH EQUITY IN ATLANTA | $90,000 |
Atlanta, GA PURPOSE: GENERAL OPERATING SUPPORT UNDER 1970 OPERATING AGREEMENT | $80,000 |
AG RHODES HOME INC PURPOSE: FUNDING UNDER 1971 OPERATING AGREEMENT | $80,000 |
Atlanta, GA PURPOSE: WOODSON PARK ACADEMY SCHOOL BASED HEALTH CENTER | $75,000 |
EMORY UNIVERSITY PURPOSE: PARTNERS IN EQUITY IN CHILD AND ADOLESCENT HEALTH | $50,000 |
Atlanta, GA PURPOSE: MOREHOUSE SCHOOL OF MEDICINE CHILD & ADOLESCENT PSYCHIATRY FELLOWSHIP | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |