William M Fuller Foundation
- Assets
- $4.5m
- Revenue
- $553.1k
- Investments
- $4.4m
- Employees
- 0
- Location
- Midland, TX
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 75-2335552
Organization Overview
William M Fuller Foundation is located in Midland, TX. The organization was established in 1991. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. William M Fuller 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, William M Fuller Foundation generated $553.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $663.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, William M Fuller Foundation has awarded 63 individual grants totaling $1,260,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL GIFTS TO QUALIFYING 501(C)(3) ORGANIZATIONS. TWENTY-TWO (22) QUALIFYING ORGANIZATIONS RECEIVED GIFTS DURING THE CALENDAR YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia F French Pres/treas/board Chairman | 3 | $0 | |
Richard West Bo French Secretary | 1 | $0 | |
William Fuller K French Vice President | 1 | $0 | |
Powhatan Ernest K French Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $370 |
| Dividends & Interest | $171,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $379,970 |
| Capital Gain Net Income | $379,970 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,004 |
| Total Revenue | $553,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,061 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,655 |
| Total operating and administrative expenses | $70,101 |
| Contributions, gifts, grants paid | $593,750 |
| Total expenses and disbursements | $663,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,871 |
| Savings and temporary cash investments | $30,104 |
| 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 | $8,398 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,372,961 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,694 |
| Total assets | $4,458,028 |
| Accounts payable and accrued expenses | $2,713 |
| 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 | $2,713 |
Grants Awarded
Over the last fiscal year, William M Fuller Foundation has awarded $593,750 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ALL SAINTS EPISCOPAL SCHOOL PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $25,000 |
CITY OF FT WORTH PARKS & RECREATION FULLER GARDEN PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $100,000 |
COVENANT CLASSICAL SCHOOL PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $100,000 |
DESERT COMMUNITY FOUNDATION PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $2,500 |
EISENHOWER HEALTH FOUNDATION PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $149,450 |
KIMBELL ART MUSEUM PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $3,300 |