William And Margaret S Hamilton Foundation Inc
- Assets
- $126.1k
- Revenue
- $4.8k
- Investments
- $78.6k
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 03/1998
- Data as of
- 12/2022
- 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 12/2022, William And Margaret S Hamilton Foundation Inc generated $4.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $4.5k during the year ending 12/2022. 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 | $4,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,047 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $792 |
| Total operating and administrative expenses | $2,339 |
| Contributions, gifts, grants paid | $2,137 |
| Total expenses and disbursements | $4,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,110 |
| Savings and temporary cash investments | $41,338 |
| 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 | $126,079 |
| 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 $2,137 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SC STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $650 |
MT CALVARY BAPTIST CHURCH PURPOSE: SCHOLARSHIP | $250 |
ST MARY'S BAPTIST CHURCH PURPOSE: SCHOLARSHIP | $250 |
MT OLIVE AME CHURCH PURPOSE: SCHOLARSHIP | $250 |
WESLEY METHODIST CHURCH PURPOSE: SCHOLARSHIP | $387 |
SANDY GROVE BAPTIST CHURCH PURPOSE: SCHOLARSHIP | $350 |