William And Margaret S Hamilton Foundation Inc
- Assets
- $125.7k
- Revenue
- $9.8k
- Investments
- $78.6k
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 58-2334593
Organization Overview
William And Margaret S Hamilton Foundation Inc is located in Myrtle Beach, SC. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William And Margaret S Hamilton Foundation Inc 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, William And Margaret S Hamilton Foundation Inc generated $9.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.7% each year . All expenses for the organization totaled $4.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Cleveland B Sanders Director | 5 | $0 | |
Ruby Marshall Director | 1 | $0 | |
Dr Jimmy Watson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,443 |
| Capital Gain Net Income | $3,443 |
| Net ST Capital Gain | $3,443 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $264 |
| Depreciation | $0 |
| Occupancy | $360 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $260 |
| Total operating and administrative expenses | $2,227 |
| Contributions, gifts, grants paid | $2,200 |
| Total expenses and disbursements | $4,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,583 |
| Savings and temporary cash investments | $41,497 |
| 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 | $78,632 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $125,713 |
| 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 And Margaret S Hamilton Foundation Inc has awarded $2,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY METHODIST CHURCH PURPOSE: SCHOLARSHIP | $1,000 |
SC STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $950 |
MT CALVARY BAPTIST CHURCH PURPOSE: SCHOLARSHIP | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |
Arete Scholars Fund Dacula, GA | $8,445,771 | $4,355,145 |
The Fund For Theological Education Inc Decatur, GA | $34,735,752 | $8,780,727 |
Sunshine Lady Foundation Inc Morehead City, NC | $18,426,319 | $1,888,098 |
Gwinnett County Public Schools Foundation Fund Inc Suwanee, GA | $3,101,670 | $4,575,972 |
Alpha Delta Pi Foundation Inc Atlanta, GA | $21,876,237 | $5,695,284 |