William F & Catharine K Owens Foundation Inc
- Assets
- $0.0
- Revenue
- $120.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mathews, VA
- Founding
- Data as of
- 04/2017
- EIN
- 52-6036018
Organization Overview
William F & Catharine K Owens Foundation Inc is located in Mathews, VA.
For the year ending 04/2017, William F & Catharine K Owens Foundation Inc generated $120.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (56.0%) each year. All expenses for the organization totaled $987.9k during the year ending 04/2017. As we would expect to see with falling revenues, expenses have declined by (53.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Gibbs Executive Di | 40 | $106,000 | |
Rosalyn White President | 1 | $0 | |
Debra Hancock Treasurer | 1 | $0 | |
Sture Sigfred Board Member | 1 | $0 | |
Herbert M Carter Secretary | 1 | $0 | |
Peggy Hudgins Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,140 |
| Dividends & Interest | $18,630 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,589 |
| Capital Gain Net Income | $103,106 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,359 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,396 |
| Interest | $0 |
| Taxes | $495 |
| Depreciation | $209 |
| Occupancy | $532 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,273 |
| Total operating and administrative expenses | $134,703 |
| Contributions, gifts, grants paid | $853,151 |
| Total expenses and disbursements | $987,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 & Catharine K Owens Foundation Inc has awarded $853,151 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MATHEWS COMMUNITY FOUNDATION PURPOSE: COMMUNITY WELFARE | $548,151 |
GLOUCESTER MATHEWS FREE CLINIC PURPOSE: HEALTH SERVICES | $100,000 |
CHURCH OF FRANCIS DE SALES PURPOSE: RELIGIOUS | $85,000 |
GWYNN'S ISLAND MUSEUM PURPOSE: MUSEUM | $20,000 |
JACOB'S LADDER PURPOSE: EDUCATIONAL | $20,000 |
KINGSTON PARISH PURPOSE: RELIGIOUS | $20,000 |
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