William Griffin Besant Memorial Foundation Inc
- Assets
- $0.0
- Revenue
- $159.4k
- Investments
- $591.6k
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- Data as of
- 12/2021
- EIN
- 85-4370241
Organization Overview
William Griffin Besant Memorial Foundation Inc is located in Tuscaloosa, AL. 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 Griffin Besant Memorial 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 12/2021, William Griffin Besant Memorial Foundation Inc generated $159.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.0%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard H Besant President | 1 | $0 | |
Richard W Besant Vice-President | 1 | $0 | |
Susan K Besant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $147,310 |
| Interest on Savings | $2 |
| Dividends & Interest | $10,316 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $8,211 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $39,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,447 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, William Griffin Besant Memorial Foundation Inc has awarded $42,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BIG OAK RANCH PURPOSE: GENERAL OPERATIONS | $5,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: GENERAL OPERATIONS | $29,000 |
EAGLE'S WINGS PURPOSE: GENERAL OPERATIONS | $2,000 |
FREE WILL BAPTIST CHILDREN'S HOME PURPOSE: GENERAL OPERATIONS | $1,000 |
ST JUDE'S PURPOSE: GENERAL OPERATIONS | $5,000 |