James M Williams Jr Family Foundation
- Assets
- $8.0m
- Revenue
- $483.2k
- Investments
- $7.8m
- Employees
- 0
- Location
- Milton, GA
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 58-2275806
Organization Overview
James M Williams Jr Family Foundation is located in Milton, GA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. James M Williams Jr Family 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 12/2022, James M Williams Jr Family Foundation generated $483.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $643.0k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 7 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 2014, James M Williams Jr Family Foundation has awarded 147 individual grants totaling $5,435,075. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Williams Jr President | 0 | $0 | |
Linda Sue Williams Secretary | 0 | $0 | |
James M Williams III Board Member | 15 | $15,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $85,827 |
| Dividends & Interest | $154,436 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $242,980 |
| Capital Gain Net Income | $91,000 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $483,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,600 |
| Other employee salaries and wages | $115,050 |
| Pension plans, employee benefits | $91,179 |
| Interest | $0 |
| Taxes | $4,620 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,853 |
| Total operating and administrative expenses | $282,228 |
| Contributions, gifts, grants paid | $360,785 |
| Total expenses and disbursements | $643,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $184,812 |
| 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 | $7,988,196 |
| Accounts payable and accrued expenses | $729 |
| 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 | $729 |
Grants Awarded
Over the last fiscal year, James M Williams Jr Family Foundation has awarded $360,785 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
1ST BAPT CH SNELLVILLE PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $210,250 |
CHRISTIAN BROADCASTING NETWORK INC PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $1,200 |
GRACE GLOBAL INITIATIVE PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $31,000 |
JERSEY BAPTIST CHURCH PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $41,035 |
THE CROSS CHURCH PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $67,500 |
SAMARITANS PURSE PURPOSE: TO FURTHER CHARITABLE ACTIVITIES | $2,000 |