Williams Scholarship Loan Fund Inc Co J

INDIANAPOLIS, IN EIN: 35-2071999

Williams Scholarship Loan Fund Inc Co J is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $542K in total assets. In 2021, it awarded 1 grants totaling $22K. Net investment income was $37K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$542K

-37.0% YoY

Annual Giving

$22K

-35.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$22K

-35.8% YoY

Under IRS private-foundation payout rules, Williams Scholarship Loan Fund Inc Co J reported a distributable amount of $48K for 2021 — the minimum it must pay out in qualifying distributions.

About Williams Scholarship Loan Fund Inc Co J

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $55K (100%)

States

Indiana

Cities

Indianapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$541,845	$860,201
Revenue	$48,003	$23,072
Expenses	$34,468	$50,755
Qualifying Distributions	$23,645	—
Net Investment Income	$37,158	$13,223
Distributable Amount	$47,628	$46,310

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 2021

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Marian University ($21,578).

Recipient	Purpose	Amount
MARIAN UNIVERSITY INDIANAPOLIS, IN	SCHOLARSHIP LOANS	$21,578

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
JARRELL B HAMMOND	SECRETARY, DIR	1	—
JUSTINE OVERTURF SINGH	TREASURER, DIR	1	—
J CHRISTOPHER WHITE	BOARD MEMBER	1	—
RICHARD M MALAD	BOARD MEMBER	1	—
CHAD BIR	PRESIDENT/CHAIRMAN	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Williams Scholarship Loan Fund Inc Co J?

Williams Scholarship Loan Fund Inc Co J is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $542K in total assets as of 2021.

How large is Williams Scholarship Loan Fund Inc Co J?

As of 2021, Williams Scholarship Loan Fund Inc Co J holds $542K in total assets with $48K in annual revenue. It awarded 1 grants totaling $22K in 2021.

Where does Williams Scholarship Loan Fund Inc Co J operate?

Williams Scholarship Loan Fund Inc Co J has awarded grants in Indiana.

What size grants does Williams Scholarship Loan Fund Inc Co J award?

In 2021, Williams Scholarship Loan Fund Inc Co J awarded 1 grants totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Williams Scholarship Loan Fund Inc Co J required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Williams Scholarship Loan Fund Inc Co J reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Williams Scholarship Loan Fund Inc Co J's EIN?

Williams Scholarship Loan Fund Inc Co J's EIN (Employer Identification Number) is 35-2071999. IRS Form 990 filing data is available on this page for 2020–2021.