Greater Williamsburg Community Tr Inc
- Assets
- $20.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Williamsburg, VA
- Founding
- 06/1999
- Data as of
- 01/2020
- 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 01/2020, 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 01/2020, Williamsburg Community Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $1.2m during the year ending 01/2020. While expenses have increased by 4.5% per year over the past 6 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 131 individual grants totaling $1,969,951. 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
2020
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 110 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 |
|---|---|---|---|
Nancy Cote Sullivan Executive Director | Officer | 40 | $88,516 |
Ronald Lodzieski Chairman | OfficerTrustee | 1 | $0 |
Eric Mcdonald Vice Chairman | OfficerTrustee | 1 | $0 |
Michele M Orabona Treasurer | OfficerTrustee | 1 | $0 |
Margaret Pritchard Secretary | OfficerTrustee | 1 | $0 |
Kendall Kerby Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,031,239 |
| Investment income | $546,153 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,000 |
| Net Gain/Loss on Asset Sales | $10,919 |
| Net Income from Fundraising Events | -$15,450 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,585,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $127,293 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,159 |
| Pension plan accruals and contributions | $938 |
| Other employee benefits | $0 |
| Payroll taxes | $11,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $101,390 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,188 |
| Office expenses | $27,103 |
| Information technology | $12,417 |
| Royalties | $0 |
| Occupancy | $16,120 |
| Travel | $649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,456 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,034 |
| Insurance | $3,334 |
| All other expenses | $0 |
| Total functional expenses | $1,189,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,657 |
| Savings and temporary cash investments | $427,504 |
| Pledges and grants receivable | $1,294,958 |
| 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 |
| Investments—publicly traded securities | $18,033,299 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $304,998 |
| Total assets | $20,550,045 |
| Accounts payable and accrued expenses | $15,377 |
| 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 | $0 |
| Total liabilities | $15,377 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $20,534,668 |
Grants Awarded
Over the last fiscal year, Greater Williamsburg Community Tr Inc has awarded $528,734 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Farmville, VA PURPOSE: GENERAL SUPPORT | $104,798 |
WALSINGHAM ACADEMY PURPOSE: GENERAL SUPPORT | $59,233 |
Williamsburg, VA PURPOSE: GENERAL SUPPORT | $49,858 |
Atlanta, GA PURPOSE: GENERAL SUPPORT | $31,617 |
SAINT BEDE CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $29,617 |
Williamsburg, VA PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Williamsburg Community Tr Inc has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Endowment Analysis
| Beg. Balance | $16,785,815 |
| Earnings | $1,492,210 |
| Admin Expense | $14,262 |
| Net Contributions | $371,627 |
| Grants | $315,105 |
| Ending Balance | $18,320,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation Of Harrisonburg And Rockingham County Harrisonburg, VA | $68,152,988 | $23,085,179 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
High Point Community Foundation High Point, NC | $114,170,503 | $14,778,667 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Mid-Shore Community Foundation Inc Easton, MD | $125,001,314 | $15,563,573 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Cumberland Community Foundation Inc Fayetteville, NC | $108,138,101 | $14,799,053 |