Thomas Lyle Williams Trust
- Assets
- $159.1m
- Revenue
- $19.5m
- Investments
- $127.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1978
- Data as of
- 12/2021
- EIN
- 36-6673112
Organization Overview
Thomas Lyle Williams Trust is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (P24) the organization is classified as: Salvation Army, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Lyle Williams Trust 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, Thomas Lyle Williams Trust generated $19.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 5 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.
Since 2018, Thomas Lyle Williams Trust has awarded 12 individual grants totaling $35,319,734. 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 |
|---|---|---|---|
Bessemer Trust Company Na Co-Trustee | 10 | $203,105 | |
Alston P Watt Co-Trustee | 2 | $51,052 | |
Thomas L Williams IV Co-Trustee | 2 | $37,928 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Southeast Asset Advisors Inc | 12/30/21 | $111,751 |
Select Equity Group Inc | 12/30/21 | $154,640 |
John W Bristol & Co | 12/30/21 | $59,265 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,391,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,108,302 |
| Capital Gain Net Income | $17,108,302 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,499,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $292,085 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $53,721 |
| Taxes | $103,428 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,025 |
| Total operating and administrative expenses | $1,720,404 |
| Contributions, gifts, grants paid | $9,138,728 |
| Total expenses and disbursements | $10,859,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,279,945 |
| Net Accounts receivable | $1,249 |
| 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 | $20,269,580 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $19,955,667 |
| Total assets | $159,078,652 |
| 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, Thomas Lyle Williams Trust has awarded $9,138,728 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CARE INC PURPOSE: GENERAL EXEMPT PURPOSE | $6,092,361 |
SALVATION ARMY PURPOSE: GENERAL EXEMPT PURPOSE | $3,046,181 |
CHARITABLE CONTRIBUTIONS FROM PARTNERSHIPS PURPOSE: GENERAL EXEMPT PURPOSE | $186 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thomas Lyle Williams Trust New York, NY | $159,078,652 | $19,499,555 |
Cura Foundation New York, NY | $8,753,811 | $858,424 |
The Salvation Army Ivy Residence Inc Philadelphia, PA | $11,697,562 | $945,300 |
911 Health Watch Inc Albany, NY | $140,313 | $228,446 |
Welcoming The Stranger Langhorne, PA | $336,793 | $313,606 |
Service For Peace Inc West Haven, CT | $71,960 | $73,008 |
Semerkand Cultural Association Clifton, NJ | $30,899 | $36,214 |
R Armstrong Salvation Army Pittsburgh, PA | $583,435 | $7,620 |
William Kountz Fitch Trust Fbo Salvation Army Memorial Fund Pittsburgh, PA | $161,251 | $25,480 |
Konrad Frederiksen Trust Fbo Salvation Army 32-9033560102 Pittsburgh, PA | $153,706 | $6,442 |
Tr U W Evelyn Pray B O Salvation Army Pittsburgh, PA | $198,110 | $33,248 |
James F Ackerman Federation Inc Bradley Beach, NJ | $13,361 | $5,279 |