A L Williams Jr Family Foundation Inc
- Assets
- $89.2m
- Revenue
- $3.1m
- Investments
- $85.5m
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 10/1986
- Data as of
- 12/2022
- EIN
- 58-1650389
Organization Overview
A L Williams Jr Family Foundation Inc is located in Duluth, GA. The organization was established in 1986. 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. A L Williams Jr Family 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, A L Williams Jr Family Foundation Inc generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, A L Williams Jr Family Foundation Inc has awarded 817 individual grants totaling $41,586,557. 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 |
|---|---|---|---|
Arthur L Williams Jr Chairman/trustee | 0 | $0 | |
Angela H Williams Pres/trustee | 0 | $0 | |
Frank M Sato Vp/trustee | 2 | $0 | |
Cheryl L Klempner Secretary | 10 | $0 | |
Elizabeth W Bell Director | 2 | $40,000 | |
Arthur L Williams IV Director | 2 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $181 |
| Dividends & Interest | $1,410,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,656,626 |
| Capital Gain Net Income | $1,656,626 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,067,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $280,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $679 |
| Taxes | $50,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,465 |
| Total operating and administrative expenses | $620,869 |
| Contributions, gifts, grants paid | $4,324,795 |
| Total expenses and disbursements | $4,945,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,754,624 |
| 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 | $1,454,037 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,886 |
| Total assets | $89,227,857 |
| 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 | $40,615 |
| Total liabilities | $40,615 |
Grants Awarded
Over the last fiscal year, A L Williams Jr Family Foundation Inc has awarded $4,324,795 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
A WORD FROM THE LORD PURPOSE: CHARITABLE PURPOSES | $27,500 |
A21 CAMPAIGN INC PURPOSE: CHARITABLE PURPOSES | $9,375 |
ANGLICAN CHURCH IN N AMERICA PURPOSE: CHARITABLE PURPOSES | $200,000 |
AMERICAN CENTER FOR LAW AND JUSTICE PURPOSE: CHARITABLE PURPOSES | $5,000 |
ATHENS PREGNANCY CENTER INC PURPOSE: CHARITABLE PURPOSES | $18,000 |
ALL SOULS ANGLICAN CHURCH PURPOSE: CHARITABLE PURPOSES | $5,000 |