Alkek & Williams Foundation
- Assets
- $3.4m
- Revenue
- $2.2m
- Investments
- $1.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 12/1997
- Data as of
- 12/2021
- 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 12/2021, Alkek & Williams Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.6% each year . All expenses for the organization totaled $937.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alkek & Williams Foundation has awarded 86 individual grants totaling $1,965,300. 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 | $2,000,000 |
| Interest on Savings | $324 |
| Dividends & Interest | $182,668 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,650 |
| Capital Gain Net Income | $50,650 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,233,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,266 |
| Total operating and administrative expenses | $10,463 |
| Contributions, gifts, grants paid | $926,750 |
| Total expenses and disbursements | $937,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,598,250 |
| 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 | $1,791,917 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,275 |
| Total assets | $3,417,442 |
| 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 | $947 |
| Total liabilities | $947 |
Grants Awarded
Over the last fiscal year, Alkek & Williams Foundation has awarded $926,750 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: PROGRAM SUPPORT | $290,000 |
Houston, TX PURPOSE: PROGRAM SUPPORT | $285,000 |
Houston, TX PURPOSE: PROGRAM SUPPORT | $65,000 |
UNICEF USA PURPOSE: PROGRAM SUPPORT | $50,000 |
Houston, TX PURPOSE: PROGRAM SUPPORT | $50,000 |
Houston, TX PURPOSE: PROGRAM SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |