Skip to main content

Nonprofit · EIN 45-2671163

TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC

Tax-exempt · WILMINGTON, DE 19809

Financials

$89K$180K2023$160K$184K2024$187K$210K2025
Revenue Expenses · by fiscal year end
Financials of TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$187,091$210,026-$22,935$1,443,189$0$1,443,189
December 31, 2024990-PF$159,579$184,449-$24,870$1,466,124$0$1,466,124
December 31, 2023990-PF$89,474$180,139-$90,665$1,490,994$0$1,490,994
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$64,522
Interest
$2,853
Net gain from sales of assets
$119,168
Other income
$548

Expenses

Grants and similar amounts paid
$163,765
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$186,816
Excise tax on investment income
$2,311

Balance sheet and other

Total assets, start of year
$1,466,124
Total assets, end of year
$1,443,189
Total liabilities, end of year
$0
Net assets, end of year
$1,443,189
Fair market value of assets
$4,363,898
Qualifying distributions
$186,816
Net investment income
$186,543

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tina Waters
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Trenton Wells
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Sherri Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Troy Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Pres, Dir, Sec1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Tina Waters
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Trenton Wells
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Sherri Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Troy Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Pres, Dir, Sec1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Tina Waters
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Trenton Wells
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Sherri Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Troy Williams
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Pres, Dir, Sec1$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Troy Williams, President
Phone
(800) 839-1754
Return prepared by
Foundation Source

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-2671163
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,443,189
Income (IRS master file)
$209,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$187,091$210,026$1,443,189IRS
990-PFDecember 2024$159,579$184,449$1,466,124XML
990-PFDecember 2023$89,474$180,139$1,490,994XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2671163).

Questions about TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC

What is the EIN of TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC?
The employer identification number (EIN) of TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC is 45-2671163.
Is TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does TROY & SHERRI WILLIAMS FOUNDATION FOR EDUCATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $187,091, expenses of $210,026 and total assets of $1,443,189 at year end.

Other nonprofits in WILMINGTON

All nonprofits in WILMINGTON · Delaware · Philanthropy, voluntarism and grantmaking foundations