Williams Companies Foundaton Inc
- Assets
- $58.9m
- Revenue
- $16.3m
- Investments
- $57.6m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/1975
- Data as of
- 12/2021
- EIN
- 23-7413843
Organization Overview
Williams Companies Foundaton Inc is located in Tulsa, OK. The organization was established in 1975. 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. Williams Companies Foundaton 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, Williams Companies Foundaton Inc generated $16.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $10.3m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie L Cowan Chairman Of The Board/director | 1 | $0 | |
Laura B Creekmur President | 1 | $0 | |
Peter S Burgess Treasurer | 1 | $0 | |
Robert E Riley Jr Assistant Secretary | 1 | $0 | |
T Lane Wilson Secretary/director | 1 | $0 | |
John D Chandler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,534,500 |
| Interest on Savings | $141 |
| Dividends & Interest | $2,769,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,304,183 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,600 |
| Contributions, gifts, grants paid | $10,221,568 |
| Total expenses and disbursements | $10,259,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,991 |
| Savings and temporary cash investments | $1,255,317 |
| 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 | $58,927,092 |
| 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 Companies Foundaton Inc has awarded $10,221,568 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Tulsa, OK PURPOSE: GENERAL OPERATIONS, HEALTH & WELFARE, SCHOLARSHIPS AND EDUCATION | $6,214,300 |
Alexandria, VA PURPOSE: GENERAL OPERATIONS, HEALTH & WELFARE, SCHOLARSHIPS AND EDUCATION | $4,007,268 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |