Williams Family Foundation Of Georgia Inc
- Assets
- $73.5m
- Revenue
- $5.6m
- Investments
- $70.7m
- Employees
- 0
- Location
- Thomasville, GA
- Founding
- 05/1981
- Data as of
- 11/2021
- EIN
- 58-1414850
Organization Overview
Williams Family Foundation Of Georgia Inc is located in Thomasville, GA. The organization was established in 1981. 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 Family Foundation Of Georgia 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 11/2021, Williams Family Foundation Of Georgia Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $3.4m during the year ending 11/2021. While expenses have increased by 3.2% per year over the past 3 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 2020, Williams Family Foundation Of Georgia Inc has awarded 126 individual grants totaling $5,651,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alston Parker Watt Executive Director | 30 | $85,000 | |
Diane W Parker Secretary/director | 0 | $0 | |
Thomas Parker Jr Associate Director | 0 | $0 | |
Thomas L Williams IV Director | 0 | $0 | |
Raleigh Rollins Director | 0 | $0 | |
Mark Parker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $523 |
| Dividends & Interest | $472,460 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,087,631 |
| Capital Gain Net Income | $5,087,631 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,560,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,000 |
| Other employee salaries and wages | $75,412 |
| Pension plans, employee benefits | $37,129 |
| Interest | $0 |
| Taxes | $85,756 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $261,010 |
| Total operating and administrative expenses | $558,307 |
| Contributions, gifts, grants paid | $2,825,000 |
| Total expenses and disbursements | $3,383,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,755 |
| Savings and temporary cash investments | $2,312,037 |
| 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 | $13,619,726 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $314,626 |
| Total assets | $73,498,080 |
| Accounts payable and accrued expenses | $3,691 |
| 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 | $3,691 |
Grants Awarded
Over the last fiscal year, Williams Family Foundation Of Georgia Inc has awarded $2,825,000 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
Thomasville, GA PURPOSE: GENERAL OPERATING SUPPORT | $555,000 |
THE MNW BOYS & GIRLS CLUBS OF THOMASVILLE PURPOSE: CAPITAL | $450,000 |
Thomasville, GA PURPOSE: DISCRETIONARY | $284,000 |
WOODBERRY FOREST SCHOOL PURPOSE: SCHOLARSHIP ENDOWMENT | $250,000 |
THE ARCHBOLD FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
GEORGIA HEIRS PROPERTY LAW CENTER PURPOSE: CAPACITY BUILDING | $125,000 |
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 |