Beth And Lee Williams Foundation
- Assets
- $78.9k
- Revenue
- $9.6k
- Investments
- $67.4k
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-2813534
Organization Overview
Beth And Lee Williams Foundation is located in Wilmington, NC. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Beth And Lee 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, Beth And Lee Williams Foundation generated $9.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.6% each year . All expenses for the organization totaled $16.1k during the year ending 12/2021. While expenses have increased by 37.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
William L Willilams IV Director/secretary-Treasur | 0 | $0 | |
Elizabeth Williams Mcdonald Director/vice Chairman | 0 | $0 | |
William L Williams III Director/chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,105 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,527 |
| Capital Gain Net Income | $8,527 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,632 |
| 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 | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,067 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $16,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,564 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $78,938 |
| 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, Beth And Lee Williams Foundation has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JDRF PURPOSE: GENERAL SUPPORT OF THEIR MISSION TO IMPROVE LIVES TODAY AND TOMORROW BY ACCELERATING LIFE-CHANGING BREAKTHROUGHS TO CURE, PREVENT, AND TREAT T1D AND ITS COMPLICATIONS | $10,000 |
THE PINK LADIES PURPOSE: GENERAL SUPPORT OF THEIR MISSION TO EMPOWER WOMEN AND WORK FOR A GREATER GOOD THROUGH ATHLETIC AND HEALTHY ACCOUMPLISHEMENTS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Able South Carolina Columbia, SC | $4,363,350 | $4,039,533 |
International Neighbors Charlottesville, VA | $278,884 | $691,411 |
Atl Tr Atlanta, GA | $2,020,241 | $2,596,416 |
Dawn Foundation Inc Ashburn, VA | $20,000 | $345,000 |
Giving Institute Leading Consultants To Non Profits Inc McLean, VA | $372,204 | $360,713 |
Jmjc Foundation Vienna, VA | $4,918,096 | $221,206 |
National Balloon Rally Charities Inc Statesville, NC | $302,489 | $60,955 |
Lake Of The Woods Lions Club Foundation Inc Locust Grove, VA | $290,070 | $0 |
Cin Inc Raleigh, NC | $107,898 | $0 |
The Medarva Foundation Richmond, VA | $234,219 | $160,110 |
Palmetto Military Support Group N Charleston, SC | $15,949 | $45,445 |
First United Methodist Church Of Lagrange Memorial Foundation Inc Lagrange, GA | $2,113,905 | $70,158 |