Frank Williams Foundation Inc

Foundation · Grantmaker Clearwater, FL EIN: 59-2786891

Frank Williams Foundation Inc is a private foundation, based in Clearwater, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $54K.

Key facts about Frank Williams Foundation Inc

EIN
59-2786891
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$35,415
Grants made (2024)
7
Average grant
$5,059
Median grant
$3,050
Total assets
$520,830
Primary geography
Utah (56% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Frank Williams Foundation Inc funds

By grant dollars, the top recipient states for Frank Williams Foundation Inc's 7 itemized 2024 grants were Utah (56%), Colorado (38%) and Florida (6%). The most frequent recipient cities were Steamboat Springs, CO (4 grants). None of its 7 grants with a stated purpose were described as general or operating support.

How Frank Williams Foundation Inc gives

  • Giving grew 306% from 2021 to 2024. Method
  • In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$521K

+10.8% YoY

Annual Giving

$35K

+289.2% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$5K

+400.4% YoY

Under IRS private-foundation payout rules, Frank Williams Foundation Inc reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

About Frank Williams Foundation Inc

Based on IRS filings

Frank Williams Foundation Inc is a private foundation, based in Clearwater, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 7 itemized 2024 grant dollars.

Cities

Steamboat SpringsClearwaterNew HavenLake WalesMiamiStamboat SpringsAuroraBostonCraigPark CityTampa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$26K$53K$79K$106K20202021202220232024
Metric202420232022
Total Assets$520,830$470,015$447,269
Revenue$96,237$40,663$24,270
Expenses$45,422$17,917$14,531
Qualifying Distributions$38,390$11,700$10,255
Net Investment Income$53,706$22,718$19,146
Distributable Amount$32,766$22,817$22,867

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$35K9 grants20208 grants20218 grants20229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

United States Ski Association: $20KUnited States Ski Association$20KStrings Music Festival: $5KStrings Music Festival$5KSt Paul's Eposcopal Church: $4KSt Paul's Eposcopal Church$4KSteamboat Art Museum: $3KSteamboat Art Museum$3KChurch of the Ascension: $2KChurch of the Ascension$2KSteamboat Springs Winter Sports: $1KSteamboat Springs WinterSports$1KAlpha Omega Alpha Medical Society: $165Alpha Omega Alpha MedicalSociety$165

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include United States Ski Association ($20,000), Strings Music Festival ($5,000), St Paul's Eposcopal Church ($4,200).

RecipientPurposeAmount
UNITED STATES SKI ASSOCIATION Park City, UTYOUTH SPORTS$20,000
STRINGS MUSIC FESTIVAL Steamboat Springs, COEDUCATION$5,000
ST PAUL'S EPOSCOPAL CHURCH Steamboat Springs, CORELIGIOUS$4,200
STEAMBOAT ART MUSEUM Steamboat Springs, COVISUAL ARTS$3,050
CHURCH OF THE ASCENSION Clearwater, FLRELIGIOUS$2,000
STEAMBOAT SPRINGS WINTER SPORTS Steamboat Springs, COYOUTH SPORTS$1,000
ALPHA OMEGA ALPHA MEDICAL SOCIETY Aurora, COEDUCATION$165

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Frank Williams MDDirector1—
Ruth BaldwynDirector1—

Frequently Asked Questions

How large is Frank Williams Foundation Inc?

As of 2024, Frank Williams Foundation Inc holds $521K in total assets with $96K in annual revenue. It awarded 7 grants totaling $35K in 2024.

Where does Frank Williams Foundation Inc operate?

Frank Williams Foundation Inc has awarded grants in Colorado, Connecticut, Florida, Massachusetts, Utah.

What size grants does Frank Williams Foundation Inc award?

In 2024, Frank Williams Foundation Inc awarded 7 grants totaling $35K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Frank Williams Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank Williams Foundation Inc reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frank Williams Foundation Inc's EIN?

Frank Williams Foundation Inc's EIN (Employer Identification Number) is 59-2786891. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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