Shack Harris And Doug Williams Foundation Inc
- Assets
- $701.3k
- Revenue
- $375.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 20-3265120
Organization Overview
Shack Harris And Doug Williams Foundation Inc is located in Shreveport, LA. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public 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. Shack Harris And Doug Williams 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, Shack Harris And Doug Williams Foundation Inc generated $375.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $159.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SHACK HARRIS & DOUG WILLIAMS FOUNDATION IS A 501(C)(3) NON-PROFIT TAX EXEMPT ORGANIZATION DEDICATED TO CREATING OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED YOUTH. THE FOUNDATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDED A NUMBER OF GRANTS TO VARIOUS ORGANIZATIONS THAT PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED CHILDREN. SEVERAL GRANTS WERE AWARDED FOR MINORITY HIGHER EDUCATION ASSISTANCE DURING THE YEAR. THE FOUNDATION ALSO ESTABLISHED THE BLACK COLLEGE HALL OF FAME WHICH RECOGNIZES THE GREATEST FOOTBALL PLAYERS, COACHES AND CONTRIBUTORS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES THROUGHOUT THE COUNTRY. THROUGH THIS PROGRAM SCHOLARSHIPS ARE AWARDED TO THE GENERAL SCHOLARSHIP FUND OF EACH SCHOOL THAT HAS A FORMER PLAYER OR COACH BEING INDUCTED INTO THE HALL OF FAME THAT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Harris Chairman | Officer | 10 | $0 |
Doug Williams Vice Chairman | Officer | 10 | $0 |
Sid Levy Director | Trustee | 5 | $0 |
Willis Reed Director | Trustee | 5 | $0 |
Thomas A Morehead Director | Trustee | 10 | $0 |
Michael Williams Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,404 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,927 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $41,848 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $52,956 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $64,724 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $159,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,327 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $701,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $701,327 |
| Total liabilities and net assets/fund balances | $701,327 |
Grants Awarded
Over the last fiscal year, Shack Harris And Doug Williams Foundation Inc has awarded $29,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Jackson, MS PURPOSE: Charitable | $5,800 |
GRAMBLING STATE UNIVERSITY PURPOSE: Charitabl | $5,800 |
Itta Bena, MS PURPOSE: Charitable | $5,800 |
CHEYNEY UNIVERSITY PURPOSE: Charitable | $5,800 |
Nashville, TN PURPOSE: Charitable | $5,800 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Shack Harris And Doug Williams Foundation Inc has recieved totaling $125,050.
| Awarding Organization | Amount |
|---|---|
Sugar Bowl Louisiana Superdome New Orleans, LA PURPOSE: TO SPONSOR THE LEGACY BOWL, AN HBCU POST-SEASON FOOTBALL GAME. | $50,000 |
15 And The Mahomies Foundation Austin, TX PURPOSE: PROGRAM SERVICE | $50,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $25,000 |
Lamb Weston Charitable Foundation Eagle, ID PURPOSE: COMMUNITY SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |