Doug And Dianne Williams Family Foundation Inc
- Assets
- $10.2m
- Revenue
- $888.7k
- Investments
- $9.5m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-4675451
Organization Overview
Doug And Dianne Williams Family Foundation Inc is located in Atlanta, GA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Doug And Dianne Williams Family 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.
Since 2017, Doug And Dianne Williams Family Foundation Inc has awarded 39 individual grants totaling $7,120,148. 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
THE DOUG AND DIANNE WILLIAMS FAMILY FOUNDATION, INC. IS NOT INVOLVED IN DIRECT CHARITABLE ACTIVITIES.
ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Douglas Williams Trustee, Chairman | 1 | $0 | |
Dianne C Williams Trustee | 1 | $0 | |
Brittany W Gale Trustee, Director | 20 | $0 | |
Ashley E Williams Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,635 |
| Dividends & Interest | $399,672 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $468,427 |
| Capital Gain Net Income | $468,427 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9 |
| Total Revenue | $888,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $423 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $54,249 |
| Contributions, gifts, grants paid | $2,048,950 |
| Total expenses and disbursements | $2,103,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $720,959 |
| 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 | $1,749,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $42 |
| Total assets | $10,224,633 |
| 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 | $35,415 |
| Total liabilities | $35,415 |
Grants Awarded
Over the last fiscal year, Doug And Dianne Williams Family Foundation Inc has awarded $2,048,950 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA MISSION PURPOSE: GENERAL PURPOSE FUND | $200,000 |
APPALACHIAN STATE UNIVERSITY PURPOSE: GENERAL PURPOSE FUND; ENDOWED SCHOLARSHIPS | $100,000 |
CHILDRENS HEALTHCARE OF ATLANTA PURPOSE: GENERAL PURPOSE FUND | $750,000 |
CITY OF REFUGE PURPOSE: GENERAL PURPOSE FUND | $100,000 |
MIDNIGHT RUN PURPOSE: GENERAL PURPOSE FUND | $60,000 |
MOUNT PISGAH CHRISTIAN SCHOOL PURPOSE: GENERAL PURPOSE FUND | $700,000 |