Williams-Corbett Foundation
- Assets
- $20.5m
- Revenue
- $1.6m
- Investments
- $20.0m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 77-6150330
Organization Overview
Williams-Corbett Foundation is located in Santa Barbara, CA. The organization was established in 1998. 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. Williams-Corbett 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 12/2023, Williams-Corbett Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Williams-Corbett Foundation has awarded 637 individual grants totaling $10,382,700. 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 |
|---|---|---|---|
A Carneros Trustee | 2 | $0 | |
Aj Carneros Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $848,314 |
| Interest on Savings | $177,624 |
| Dividends & Interest | $413,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,736 |
| Capital Gain Net Income | $83,736 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $49,060 |
| Total Revenue | $1,572,701 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,449 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $152,040 |
| Total operating and administrative expenses | $173,464 |
| Contributions, gifts, grants paid | $1,250,483 |
| Total expenses and disbursements | $1,423,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,555 |
| 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 | $4,154,518 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,488,262 |
| 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, Williams-Corbett Foundation has awarded $1,250,483 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURES IN CARING PURPOSE: TO SUPPORT THE MEDICINE OF COMPASSION | $26,000 |
AHA FAMILY THERAPY INSTITUTE PURPOSE: TO SUPPORT NEW ADVOCACY LEGACY LEADERSHIP YOUTH (ALLY) | $30,000 |
CHILDREN'S RESOURCE NETWORK PURPOSE: TO SUPPORT / PROVIDE ANOTHER 24' TRAILER & TRUCK, DONATION BIN, SUPPLIES | $30,000 |
FOODBANK OF SANTA BARBARA COUNTY PURPOSE: FOR BUILDING READINESS-CAPITAL CAMPAIGN | $25,000 |
GIRLS INC OF GREATER SANTA BARBARA PURPOSE: GRANT TO INSTALL CAMERA SURVEILLANCE SYSTEM | $18,000 |
NEW HOUSE SANTA BARBARA PURPOSE: TO SUPPORT / PROVIDE SCHOLARSHIPS FOR LOW-INCOME MEN IN RECOVERY | $25,000 |