William Perry Clements Iii Foundation
- Assets
- $0.0
- Revenue
- $2.8m
- Investments
- $8.1m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 73-1645124
Organization Overview
William Perry Clements Iii Foundation is located in San Antonio, TX. The organization was established in 2002. 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. William Perry Clements Iii 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, William Perry Clements Iii Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 20.6% per year over the past 6 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 2016, William Perry Clements Iii Foundation has awarded 147 individual grants totaling $7,136,421. 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 |
|---|---|---|---|
William P Clements III President/se | 0 | $0 | |
Georgia M Clements Vice Preside | 0 | $0 | |
Lorin Runnels Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $175,703 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,143,565 |
| Total Revenue | $2,790,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $136,814 |
| Occupancy | $85,099 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,836,270 |
| Contributions, gifts, grants paid | $564,000 |
| Total expenses and disbursements | $2,400,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,011 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,201 |
| Other assets | $2,855,709 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, William Perry Clements Iii Foundation has awarded $2,150,828 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CLEARPATH FOUNDATION INC PURPOSE: UNRESTRICTED USE | $555,554 |
AMERICAN FLOOD COALITION INC PURPOSE: UNRESTRICTED USE | $555,554 |
FIRST STREET FOUNDATION INC PURPOSE: UNRESTRICTED USE | $555,554 |
GREAT LAKES CENTER FOR THE ARTS PURPOSE: UNRESTRICTED USE | $172,000 |
CITY KID'S ADVENTURES PURPOSE: UNRESTRICTED USE | $15,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: UNRESTRICTED USE | $166,666 |