William F Foss Ii Memorial Foundation
- Assets
- $402.7k
- Revenue
- $216.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Aiken, SC
- Founding
- 03/1964
- Data as of
- 12/2023
- EIN
- 41-6027708
Organization Overview
William F Foss Ii Memorial Foundation is located in Aiken, SC. The organization was established in 1964. 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 F Foss Ii Memorial 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, William F Foss Ii Memorial Foundation generated $216.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.5% each year . All expenses for the organization totaled $17.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William F Foss Ii Memorial Foundation has awarded 121 individual grants totaling $110,300. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Foss President | 0.5 | $0 | |
Anne Marie Kehoe VP | 0.25 | $0 | |
Jeffery J Foss Vptreasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $10,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $205,996 |
| Capital Gain Net Income | $205,996 |
| Net ST Capital Gain | $205,996 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $104 |
| Total operating and administrative expenses | $5,754 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $17,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,722 |
| Savings and temporary cash investments | $380,007 |
| 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 | $402,729 |
| 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, William F Foss Ii Memorial Foundation has awarded $12,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARYS CHURCH PURPOSE: CHARITABLE ORGANIZATION DONATION | $750 |
GOERGETOWN UNIVERSITY PURPOSE: CHARITABLE ORGANIZATION DONATION | $500 |
BENILDE-ST MARGARETS PURPOSE: CHARITABLE ORGANIZATION DONATION | $250 |
THE LAUNCH PAD PURPOSE: CHARITABLE ORGANIZATION DONATION | $500 |
NW ARKANSAS FOOD BANK PURPOSE: CHARITABLE ORGANIZATION DONATION | $1,000 |
SPECIAL OLYMPICS-ARKANSAS PURPOSE: CHARITABLE ORGANIZATION DONATION | $1,000 |