Ernest G & Cecil B Williams Foundation
- Assets
- $0.0
- Revenue
- $41.4k
- Investments
- $410.8k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 63-1135511
Organization Overview
Ernest G & Cecil B Williams Foundation is located in Birmingham, AL. The organization was established in 1997. 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. Ernest G & Cecil B 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, Ernest G & Cecil B Williams Foundation generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ernest G & Cecil B Williams Foundation has awarded 164 individual grants totaling $385,484. 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 |
|---|---|---|---|
Turner B Williams Director | 2 | $6,000 | |
Cecil Williams Hartley Director | 2 | $6,000 | |
Ford Williams Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,126 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $482 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $22,519 |
| Contributions, gifts, grants paid | $51,300 |
| Total expenses and disbursements | $73,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ernest G & Cecil B Williams Foundation has awarded $27,250 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
PRESCHOOL PARTNERS PURPOSE: FUND CHARITABLE ORGANIZATION | $1,000 |
THE FOUNDRY MINISTRIES PURPOSE: FUND CHARITABLE ORGANIZATION | $1,000 |
UNLESS U PURPOSE: FUND CHARITABLE ORGANIZATIONS | $1,000 |
ALABAMA KIDNEY FOUNDATION PURPOSE: FUND CHARITABLE ORGANIZATION | $500 |
LEUKEMIA LYMPOHOMA SOCIETY PURPOSE: FUND CHARITABLE ORGANIZATION | $500 |
KING'S HOME PURPOSE: FUND CHARITABLE ORGANIZATION | $50 |