Willard C Tilson Foundation
- Assets
- $4.8m
- Revenue
- $277.1k
- Investments
- $4.8m
- Employees
- 0
- Location
- Exeter, NH
- Founding
- 10/1960
- Data as of
- 12/2023
- EIN
- 04-6036556
Organization Overview
Willard C Tilson Foundation is located in Exeter, NH. The organization was established in 1960. 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. Willard C Tilson 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, Willard C Tilson Foundation generated $277.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $308.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Willard C Tilson Foundation has awarded 86 individual grants totaling $1,899,500. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA-NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Kelly Trustee | 5 | $20,000 | |
Rokhaya Waring Trustee | 5 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,621 |
| Dividends & Interest | $117,225 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $149,796 |
| Capital Gain Net Income | $149,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,420 |
| Total Revenue | $277,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $78,171 |
| Contributions, gifts, grants paid | $230,000 |
| Total expenses and disbursements | $308,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,128 |
| 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 | $4,810,037 |
| 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, Willard C Tilson Foundation has awarded $240,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ART HAVEN PURPOSE: ON-GOING OPERATIONAL SUPPORT | $25,000 |
ELEVATED THOUGHT PURPOSE: ON-GOING OPERATIONAL SUPPORT | $25,000 |
SOMEBODY CARES NEW ENGLAND PURPOSE: ON-GOING OPERATIONAL SUPPORT | $15,000 |
THE HAVEN PROJECT PURPOSE: ON-GOING OPERATIONAL SUPPORT | $10,000 |
URBAN BRIDGES PURPOSE: ON-GOING OPERATIONAL SUPPORT | $10,000 |
WOMENS MONEY MATTERS PURPOSE: ON-GOING OPERATIONAL SUPPORT | $10,000 |