William B and Sallie R Felton

SAINT LOUIS, MO EIN: 58-6442935

William B and Sallie R Felton is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $672K in total assets. In 2024, it awarded 1 grants totaling $32K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$672K

-3.5% YoY

Annual Giving

$32K

-7.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$32K

-7.2% YoY

Under IRS private-foundation payout rules, William B and Sallie R Felton reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About William B and Sallie R Felton

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $173K (100%)

States

Georgia

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$672,499	$696,857	$741,191
Revenue	$22,095	$4,094	$5,606
Expenses	$46,715	$48,311	$54,608
Qualifying Distributions	$35,468	$37,850	$41,151
Net Investment Income	$11,686	$10,295	$10,752
Distributable Amount	$38,219	$35,437	$37,843

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Salvation Army a Georgia Corp ($32,000).

Recipient	Purpose	Amount
THE SALVATION ARMY A GEORGIA CORP ATLANTA, GA	GENERAL OPERATING	$32,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$12,138

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William B and Sallie R Felton?

William B and Sallie R Felton is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $672K in total assets as of 2024.

How large is William B and Sallie R Felton?

As of 2024, William B and Sallie R Felton holds $672K in total assets with $22K in annual revenue. It awarded 1 grants totaling $32K in 2024.

Where does William B and Sallie R Felton operate?

William B and Sallie R Felton has awarded grants in Georgia.

What size grants does William B and Sallie R Felton award?

In 2024, William B and Sallie R Felton awarded 1 grants totaling $32K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is William B and Sallie R Felton required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William B and Sallie R Felton reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.