Walter Bishop Williams Trust 401-35760 Nect is located in Dallas, TX. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Walter Bishop Williams Trust 401-35760 Nect 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 10/2024, Walter Bishop Williams Trust 401-35760 Nect generated $56.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $102.1k during the year ending 10/2024. While expenses have increased by 3.9% per year over the past 7 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 2015, Walter Bishop Williams Trust 401-35760 Nect has awarded 39 individual grants totaling $564,807. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,892 |
| Capital Gain Net Income | $16,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,119 |
| Total Revenue | $56,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,622 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $959 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $772 |
| Total operating and administrative expenses | $25,603 |
| Contributions, gifts, grants paid | $76,462 |
| Total expenses and disbursements | $102,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,598 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,398,694 |
| 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 |
Over the last fiscal year, Walter Bishop Williams Trust 401-35760 Nect has awarded $76,462 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS SCOTTISH RITE HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $15,024 |
HIGHLAND PARK PRESBYTERIAN PURPOSE: UNRESTRICTED GENERAL | $8,778 |
COMMUNITIES FOUNDATION OF TEXAS PURPOSE: UNRESTRICTED GENERAL | $8,778 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $35,104 |
BUCKNER INTERNATIONAL PURPOSE: UNRESTRICTED GENERAL | $8,778 |