The Williams Brice Edwards Charitable Trust
- Assets
- $58.0m
- Revenue
- $6.0m
- Investments
- $54.2m
- Employees
- 0
- Location
- Sumter, SC
- Founding
- 12/1988
- Data as of
- 12/2021
- EIN
- 57-6105891
Organization Overview
The Williams Brice Edwards Charitable Trust is located in Sumter, SC. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Williams Brice Edwards Charitable Trust 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 Brice Edwards Charitable Trust generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.7% each year . All expenses for the organization totaled $6.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Williams Brice Edwards Charitable Trust has awarded 116 individual grants totaling $14,768,150. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITY OF SUMTER
SUMTER CHARTER SCHOOL
SUMTER COUNTY MUSEUM
COUNTY OF SUMTER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank O Edwards Trustee | 0 | $0 | |
Florence M Ervin Trustee | 0 | $0 | |
Lauren E Brennan Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,504,904 |
| Net Rental Income | $28 |
| Net Gain on Sale of Assets | $4,507,147 |
| Capital Gain Net Income | $4,507,147 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,408 |
| Total Revenue | $6,028,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,278 |
| Taxes | $142,753 |
| Depreciation | $0 |
| Occupancy | $4,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $483,443 |
| Total operating and administrative expenses | $734,974 |
| Contributions, gifts, grants paid | $5,623,600 |
| Total expenses and disbursements | $6,358,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $214,047 |
| 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 | $3,521,228 |
| Total assets | $57,951,375 |
| 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, The Williams Brice Edwards Charitable Trust has awarded $5,623,600 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SUMTER PURPOSE: PALMETTO PARK, SHAW-SUMTER WELCOME FARM, WASHINGTON STREET, CROSSWELL PARK EXPANSION, SOUTH SUMTER GYM IMPROVEMENTS, SOUTH SUMTER ART PARK, WEST OAKLANS, DINGLE PARK, OPERA HOUSE | $2,200,000 |
Sumter, SC PURPOSE: OPERATIONS | $685,000 |
SUMTER CHARTER SCHOOL PURPOSE: CAPITAL IMPROVEMENTS | $650,000 |
SUMTER COUNTY PURPOSE: IMPROVEMENT TO PATRIOT PARK | $500,000 |
Sumter, SC PURPOSE: SPECIAL PROJECT | $325,000 |
Sumter, SC PURPOSE: OPERATIONS | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |