The M V Williams Foundation Inc
- Assets
- $4.0m
- Revenue
- $139.3k
- Investments
- $4.0m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 73-1464753
Organization Overview
The M V Williams Foundation Inc is located in Oklahoma City, OK. The organization was established in 1996. 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. M V Williams 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, M V Williams Foundation Inc generated $139.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.8%) each year. All expenses for the organization totaled $263.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, M V Williams Foundation Inc has awarded 94 individual grants totaling $533,420. 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 |
|---|---|---|---|
G Rainey Williams Jr President | 0.5 | $0 | |
Alden Snipes Vice-President | 0 | $0 | |
Lucy A Brown Secy-Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $102,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$55,838 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $93,029 |
| Total Revenue | $139,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,936 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $58,099 |
| Contributions, gifts, grants paid | $205,780 |
| Total expenses and disbursements | $263,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,224 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $220 |
| 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 | $1,586,614 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,015,504 |
| 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, The M V Williams Foundation Inc has awarded $205,780 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
A CHANCE TO CHANGE PURPOSE: GENERAL | $5,000 |
ALL SOULS EPISCOPAL CHURCH PURPOSE: GENERAL | $20,000 |
ALLIED ARTS PURPOSE: GENERAL | $1,000 |
AMERICAN VET DOG PURPOSE: GENERAL | $3,000 |
BROOMFIELD FISH PURPOSE: GENERAL | $10,000 |
CASADY SCHOOL PURPOSE: GENERAL | $10,000 |