Ted Williams Charitable Tr
- Assets
- $1.6m
- Revenue
- $289.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- North Little Rock, AR
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 71-6172017
Organization Overview
Ted Williams Charitable Tr is located in North Little Rock, AR. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ted Williams Charitable Tr 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, Ted Williams Charitable Tr generated $289.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $336.9k during the year ending 12/2021. While expenses have increased by 20.7% per year over the past 4 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, Ted Williams Charitable Tr has awarded 32 individual grants totaling $900,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE CHARITABLE ACTIVITY FOR THE TED AND BETTY WILLIAMS CHARITABLE TRUST IS TO AWARD FUNDS TO COLLEGES, UNIVERSITIES, AND OTHER ENTITIES FOR THE PURPOSE OF DISTRIBUTING SCHOLARSHIPS TO QUALIFIED APPLICANTS. LISTED BELOW ARE THE INSTITUTIONS AND ENTITIES AND AMOUNTS AWARDED FOR SCHOLARSHIPS FOR 2021. QUAPAW AREA COUNCIL BOY SCOUTS OF AMERICA 5,000 BAPTIST HEALTH FOUNDATION 10,000 UALR FOUNDATION 20,000 IMMANUEL BAPTIST CHURCH 60,000 CENTRAL ARKANSAS CHAPTER OF FCA 10,000 PULASKI TECHNICAL COLLEGE FOUNDATION 25,000 RAZORBACK FOUNDATION, INC. 15,000 ARKANSAS TECH UNIVERSITY FOUNDATION 75,000 CRU 65,000 NORTHWEST AR COMMUNITY COLLEGE FOUNDATION 15,000 _______ TOTAL 300,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 0 | $17,500 | |
Mary Melissa Bane Co-Trustee | 0 | $7,500 | |
Gwynne R Hinterthuer Co-Trustee | 0 | $7,500 | |
Byron M Eiseman Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,713 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $249,485 |
| Capital Gain Net Income | $249,485 |
| Net ST Capital Gain | $39,386 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $289,198 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $461 |
| Taxes | $1,281 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,944 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $336,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,745 |
| Savings and temporary cash investments | $0 |
| 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 | $655,672 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $54,692 |
| Total assets | $1,602,859 |
| 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, Ted Williams Charitable Tr has awarded $300,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Russellville, AR PURPOSE: TO AWARD COLLEGE SCHOLARSHIPS | $75,000 |
CRU PURPOSE: TO AWARD COLLEGE SCHOLARSHIPS | $65,000 |
IMMANUEL BAPTIST CHURCH PURPOSE: TO AWARD COLLEGE SCHOLARSHIPS | $60,000 |
PULASKI TECHNICAL COLLEGE PURPOSE: TO AWARD COLLEGE SCHOLARSHIPS | $25,000 |
UALR FOUNDATION PURPOSE: TO AWARD COLLEGE SCHOLARSHIPS | $20,000 |
Bentonville, AR PURPOSE: AWARD COLLEGE SCHOLARSHIPS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Start Corporation Houma, LA | $15,661,885 | $35,284,131 |
Lighthouse For The Blind St Louis, MO | $132,994,524 | $33,499,796 |
Disability Services Of The Southwest San Antonio, TX | $12,999,029 | $27,578,028 |
Hughen Center Inc Port Arthur, TX | $48,676,855 | $32,249,164 |
Signal Centers Inc Chattanooga, TN | $10,070,860 | $27,319,073 |
Center For Human Services Inc Sedalia, MO | $26,886,839 | $25,741,187 |
Area Resources For Community And Human Services St Louis, MO | $7,485,781 | $21,715,515 |
Buckner International Dallas, TX | $12,129,357 | $21,781,250 |
Community Health Ctr Of Central Missouri Jefferson City, MO | $23,228,826 | $19,931,072 |
Arkansas Enterprises For The Developmentally Disabled Inc Little Rock, AR | $11,004,956 | $14,277,062 |
Military Warriors Support Foundation San Antonio, TX | $26,095,499 | $9,501,589 |
Caritas Of Austin Austin, TX | $7,645,786 | $15,511,664 |