Horace Williams Memorial Fund
- Assets
- $427.5k
- Revenue
- $23.7k
- Investments
- $427.5k
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 08/1972
- Data as of
- 08/2024
- EIN
- 01-6008547
Organization Overview
Horace Williams Memorial Fund is located in Augusta, ME. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 08/2024, Horace Williams Memorial Fund generated $23.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $35.8k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Horace Williams Memorial Fund has awarded 68 individual grants totaling $100,250. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Agent | 1 | $4,467 | |
Andrew E Silsby Trustee | 1 | $0 | |
Mark L Johnston Trustee | 1 | $0 | |
Craig Garofalo Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,985 |
| Capital Gain Net Income | $7,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,467 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $375 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,331 |
| Contributions, gifts, grants paid | $30,500 |
| Total expenses and disbursements | $35,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $427,509 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $427,509 |
| 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, Horace Williams Memorial Fund has awarded $33,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BOWDOIN COLLEGE - JACKSON MELENDY PURPOSE: SCHOLARSHIP AWARDS | $1,000 |
BOSTON COLLEGE - THOMAS TRAFTON PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
FORDHAM UNIVERSITY - CADE PARKER PURPOSE: SCHOLARSHIP AWARDS | $1,000 |
EMERSON COLLEGE - KAILEY PELLETIER PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
GORDON COLLEGE - ERIN RICHARDSON PURPOSE: SCHOLARSHIP AWARDS | $2,000 |
HUSSON UNIVERSITY - CHASE WARREN PURPOSE: SCHOLARSHIP AWARDS | $1,000 |