The William B Stokely Jr Foundation
- Assets
- $3.7m
- Revenue
- $1.3m
- Investments
- $3.3m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 35-6016402
Organization Overview
The William B Stokely Jr Foundation is located in Knoxville, TN. The organization was established in 1987. 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. William B Stokely Jr 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 12/2021, William B Stokely Jr Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $436.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, William B Stokely Jr Foundation has awarded 53 individual grants totaling $845,058. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William B Stokely IV Director | 0 | $0 | |
Kay H Stokely Exec Vp, Dir | 0 | $0 | |
Stacy S Byerly Director | 0 | $0 | |
Nikki Stansell Sectetary | 0 | $0 | |
Shelley S Przewrocki Director | 0 | $0 | |
Clayton F Stokely Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $27 |
| Dividends & Interest | $115,999 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $921,254 |
| Capital Gain Net Income | $921,254 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$873 |
| Total Revenue | $1,336,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $86,490 |
| Pension plans, employee benefits | $6,723 |
| Interest | $0 |
| Taxes | $1,755 |
| Depreciation | $0 |
| Occupancy | $3,703 |
| Travel, conferences, and meetings | $2,903 |
| Printing and publications | $0 |
| Other expenses | $53,361 |
| Total operating and administrative expenses | $157,935 |
| Contributions, gifts, grants paid | $278,202 |
| Total expenses and disbursements | $436,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,396 |
| Savings and temporary cash investments | $401,731 |
| 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 | $3,720,974 |
| Accounts payable and accrued expenses | $17,883 |
| 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 | $17,883 |
Grants Awarded
Over the last fiscal year, The William B Stokely Jr Foundation has awarded $278,202 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Knoxville, TN PURPOSE: COLLEGE EDUCATION | $105,000 |
Knoxville, TN PURPOSE: COLLEGE EDUCATION | $100,000 |
Knoxville, TN PURPOSE: RELIGIOUS | $25,000 |
EAST TENNESSEE CHILDREN'S PURPOSE: CHILDREN'S MEDICAL SVCS | $15,000 |
JONI AND FRIENDS PURPOSE: DISABILITY MINISTRY | $10,000 |
Mount Berry, GA PURPOSE: SCHOLARSHIP FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |