Alkek & Williams Foundation
- Assets
- $3.8m
- Revenue
- $10.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 76-6122587
Organization Overview
Alkek & Williams Foundation is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alkek & Williams 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, Alkek & Williams Foundation generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alkek & Williams Foundation has awarded 131 individual grants totaling $3,399,350. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Williams Trustee | 0 | $0 | |
Charles Williams Trustee | 0 | $0 | |
Randa Williams Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,491 |
| Dividends & Interest | $966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,187 |
| Capital Gain Net Income | $3,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,011 |
| Total operating and administrative expenses | $10,836 |
| Contributions, gifts, grants paid | $1,434,050 |
| Total expenses and disbursements | $1,444,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,108,452 |
| Savings and temporary cash investments | $0 |
| 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 | $1,651,443 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $22,358 |
| Total assets | $3,782,253 |
| 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, Alkek & Williams Foundation has awarded $1,434,050 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY THEATRE PURPOSE: PROGRAM SUPPORT | $27,500 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $500 |
ASIA SOCIETY TEXAS CENTER PURPOSE: PROGRAM SUPPORT | $15,000 |
BACH SOCIETY HOUSTON PURPOSE: PROGRAM SUPPORT | $500 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: PROGRAM SUPPORT | $300 |
BIG BROTHERS BIG SISTERS PURPOSE: PROGRAM SUPPORT | $2,500 |