Greater Williamsburg Community Tr Inc
- Assets
- $27.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Williamsburg, VA
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 54-1927558
Organization Overview
Greater Williamsburg Community Tr Inc, operating under the name Williamsburg Community Foundation, is located in Williamsburg, VA. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Williamsburg Community Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamsburg Community 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, Williamsburg Community Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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 2016, Williamsburg Community Foundation has awarded 206 individual grants totaling $3,717,184. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O. PROVIDED GRANTS TO 501(C)(3) NONPROFIT ORGANIZATIONS AND GOVERNMENT ENTITIES SERVING THE GREATER WILLIAMSBURG COMMUNITY. PROVIDED SERVICES AND INFORMATION ON THE NEEDS OF THE GREATER WILLIAMSBURG COMMUNITY TO DONOR-ADVISORS. ASSISTED DONOR-ADVISORS WITH PHILANTHROPIC ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTED GRANTS TO NONPROFIT ORGANIZATIONS PRIMARILY IN THE GREATER WILLIAMSBURG AREA. COMPETITIVE GRANTS WERE AWARDED IN THE FOLLOWING FOCUS AREAS: ARTS & CULTURE, CHILDREN & YOUNG ADULTS, ENVIRONMENT & CONSERVATION, HEALTH & COMMUNITY WELLNESS, AND SENIOR SERVICES. ADDITIONAL GRANTS WERE AWARDED FOR EDUCATION, HISTORIC PRESERVATION, HUMAN SERVICES, TRANSPORTATION, AMATEUR SPORTS, OVARIAN CANCER AND OTHER COMMUNITY NEEDS AT THE REQUEST OF DONORS.
PROVIDED SCHOLARSHIPS FOR 118 STUDENTS WHO HAVE ATTENDED HIGH SCHOOL AT A WILLIAMSBURG-JAMES CITY COUNTY PUBLIC SCHOOL OR ARE ATTENDING A PUBLIC COLLEGE IN THE STATE OF VIRGINIA. CRITERIA FOR SCHOLARSHIPS INCLUDES ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE, CAREER INTEREST AND FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen F Slevin Chair | OfficerTrustee | 1 | $0 |
Alison Lennarz Vice Chair | OfficerTrustee | 1 | $0 |
Jack Haldeman Treasurer | OfficerTrustee | 1 | $0 |
Joe Harrow Secretary | OfficerTrustee | 1 | $0 |
David Bush Trustee | Trustee | 1 | $0 |
Dian Calderone Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,110,213 |
| Noncash contributions included in lines 1a–1f | $152,346 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,110,213 |
| Total Program Service Revenue | $0 |
| Investment income | $813,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,340 |
| Net Gain/Loss on Asset Sales | -$493,326 |
| Net Income from Fundraising Events | $16,434 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,453,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $928,080 |
| Grants and other assistance to domestic individuals. | $264,438 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,381 |
| Compensation of current officers, directors, key employees. | $79,604 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,927 |
| Pension plan accruals and contributions | $6,183 |
| Other employee benefits | $0 |
| Payroll taxes | $15,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,547 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $114,281 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,781 |
| Office expenses | $6,286 |
| Information technology | $10,538 |
| Royalties | $0 |
| Occupancy | $28,410 |
| Travel | $1,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,484 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,907 |
| Insurance | $6,899 |
| All other expenses | $0 |
| Total functional expenses | $1,681,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $660,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $208,150 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $235,163 |
| Investments—publicly traded securities | $26,292,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $458,095 |
| Total assets | $27,854,373 |
| Accounts payable and accrued expenses | $15,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $29,345 |
| Total liabilities | $45,049 |
| Net assets without donor restrictions | $14,386,562 |
| Net assets with donor restrictions | $13,422,762 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,854,373 |
Grants Awarded
Over the last fiscal year, Greater Williamsburg Community Tr Inc has awarded $537,038 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS HOME OF VIRGINIA PURPOSE: GENERAL SUPPORT | $72,652 |
COLLEGE OF WILLIAM AND MARY PURPOSE: GENERAL SUPPORT | $6,000 |
COLONIAL WILLIAMSBURG FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
FRIENDS OF WILLIAMSBURG REGIONAL LIBRARY FOUNDATION PURPOSE: GENERAL SUPPORT | $8,000 |
GWENDOLYN'S WISH INC PURPOSE: GENERAL SUPPORT | $96,869 |
HOSPICE HOUSE AND SUPPORT CARE OF WILLIAMSBURG PURPOSE: GENERAL SUPPORT | $48,434 |