Williams-Franklin Foundation
- Assets
- $141.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-2756449
Organization Overview
Williams-Franklin Foundation is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williams-Franklin 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, Williams-Franklin Foundation generated $179.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $201.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
(1) AWARDED 32 STUDENT SCHOLARSHIPS IN THE AMOUNT OF $63,950 (2) INITIATED AN ENDOWMENT FUND. (3) EXPANDED THE WFF ALUMNI NETWORK FOR SCHOLARSHIP RECIPIENTS (4) CONITNUED WITH OUR PROFESSIONAL DEVELOPMENT WEBINAR SERIES FOR SCHOLARSHIP RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwight Franklin Chairman | 5 | $0 | |
Geena Young Director | 1 | $0 | |
Lashelle Franklin Executive Dir. | 40 | $0 | |
Eden Brown Gaines Director | 1 | $0 | |
Jr Clark Director | 1 | $0 | |
Thomas Dawson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,429 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,429 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $68,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $517 |
| Other expenses | $133,050 |
| Total expenses | $201,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,122 |
| Other assets | $0 |
| Total assets | $140,959 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,959 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Williams-Franklin Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Bert L & Natalie K Vallee Foundation Inc Boston, MA PURPOSE: VALLEE SCHOLAR AWARD | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles Koch Institute Arlington, VA | $404,108,851 | $1,636,185 |
University Of Maryland Orthopaedic Associates P A Baltimore, MD | $13,376,270 | $27,085,599 |
Christendom Educational Corporation Front Royal, VA | $86,152,733 | $30,827,338 |
International Masonry Training And Education Foundation Bowie, MD | $50,955,407 | $23,973,687 |
Association Of Public And Land-Grant Universities Washington, DC | $44,260,531 | $22,104,494 |
Association Of Governing Boards Of Universities And Colleges Washington, DC | $19,633,060 | $15,066,269 |
American Association Of State Colleges And Universities Washington, DC | $33,003,801 | $11,451,095 |
Institute For The Psychological Sciences Sterling, VA | $8,909,677 | $11,624,455 |
Accreditation Board For Engineering And Technology Inc Baltimore, MD | $25,462,231 | $12,376,690 |
Consortium Of Universities Of The Washington Metropolitan Area Washington, DC | $2,518,599 | $5,635,186 |
Credential Engine Inc Washington, DC | $2,829,451 | $3,267,999 |
Project Discovery Inc Roanoke, VA | $402,058 | $1,230,095 |