Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE WILLIAMS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2789 HARTLAND ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FALLS CHURCH, VA22043
A Employer identification number

54-1861951
B Telephone number (see instructions)

(912) 764-6951
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,205,244J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 552,012
2 Check bullet.............
3 Interest on savings and temporary cash investments 890 890  
4 Dividends and interest from securities... 98,340 98,340  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,139,076
b Gross sales price for all assets on line 6a 1,993,861
7 Capital gain net income (from Part IV, line 2)... 1,139,076
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 4,403 -6,228  
12 Total. Add lines 1 through 11........ 1,794,721 1,232,078  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,187 6,550   1,637
c Other professional fees (attach schedule).... Click to see attachment 42,083 42,083    
17 Interest............... 509 509    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 510      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,678 4,209   469
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,967 53,351   2,106
25 Contributions, gifts, grants paid....... 223,600 223,600
26 Total expenses and disbursements. Add lines 24 and 25 279,567 53,351   225,706
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,515,154
b Net investment income (if negative, enter -0-) 1,178,727
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 649,814 862,863 862,863
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,885,207 Click to see attachment4,660,984 6,175,716
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 135,921 Click to see attachment166,665 166,665
14 Land, buildings, and equipment: basis bullet1,156
Less: accumulated depreciation (attach schedule) bullet1,156      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,670,942 5,690,512 7,205,244
Liabilities 17 Accounts payable and accrued expenses..........   7,275
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment102,050 Click to see attachment102,050
23 Total liabilities (add lines 17 through 22)......... 102,050 109,325
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 4,568,892 5,581,187
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,568,892 5,581,187
30 Total liabilities and net assets/fund balances (see instructions). 4,670,942 5,690,512
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,568,892
2
Enter amount from Part I, line 27a .....................
2
1,515,154
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
6,084,046
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
502,859
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,581,187
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a BANCO SANTANDER SA P 2020-12-14 2021-04-20
b GRACE WR & CO DELA NEW D 2001-04-09 2021-09-22
c PARTEUM CORP P 2014-02-05 2021-04-20
d CATERPILLAR INC P 2020-06-24 2021-04-22
e ISHARES RUSSEL 1000 VALUE ETF P 2021-09-15 2021-10-18
ORION OFFICE REIT INC P 2021-11-15  
T-MOBILE US INC COM P    
BLACKROCK INC P 2020-06-24 2021-08-24
NIKE INC B P 2020-07-17 2021-07-30
RAYTHEON TECHNOLOGIES CO P   2021-09-20
CONTANGO OIL & GAS CO NEW P 2021-01-22  
IMPAC MORTGAGE HOLDINGS INC NEW P 2007-07-25 2021-04-20
ABBVIE INC COM P    
CHARLES SCHWAB NEW P    
ISHARES SHORT TREASURY BD ETF P 2020-06-24  
OSHKOSH CORP P 2021-01-15  
TJX COS INC NEW P 2020-11-05  
BRISTOL MYERS SQUIBB CO P 2020-07-17 2021-09-08
PALO ALTO NETWORKS INC P 2020-09-11  
THE COCA COLA CO D 1992-11-16 2021-09-20
KRAFT HEINZ CO COM P 2021-03-26 2021-04-20
KRAFT HEINZ CO COM P 1998-04-07 2021-04-20
ADVANCE AUTO PARTS P 2020-06-24 2021-06-17
CHEVRON CORP P   2021-07-08
JOHNSON & JOHNSON P 2020-06-24  
PALO ALTO NETWORKS INC P 2020-09-11  
UNITEDHEALTH GP INC P   2021-07-08
CHEVRON CORP P 2020-06-25 2021-07-08
SHERWIN WILLIAMS COMPANY OHIO P 2020-06-24 2021-11-05
UNITED PARCEL SRVC P   2021-09-20
MERCK & CO INC NEW COM P 2021-04-07 2021-04-20
MACK CALI REALTY CP P 2014-01-10 2021-04-20
ALLY FINANCIAL INC P 2021-09-17 2021-12-09
CITIGROUP INC NEW P    
JPMORGAN CHASE & CO P    
PFIZER INC P    
VALERO ENERGY CP DELA NEW P    
COCA COLA CO P 2020-06-24  
TJX COS INC NEW P 2020-06-24 2021-08-24
VERIZON COMMUNICATION P   2021-09-23
BANCO SANTANDER SA P   2021-04-20
MERCK & CO INC NEW COM D 2005-10-31 2021-04-20
AMGEN INC P    
COCA COLA CO P 2020-06-24  
KNIGHT-SWIFT TRANSN HLDGS CL A P    
PHILIP MORRIS INTL INC P 2020-06-24  
VIATRIS INC P   2021-02-26
COMCAST CORP (NEW) CLASS A P 2020-06-24 2021-08-24
VISA INC CL A P 2020-06-24 2021-07-30
VIATRIS INC P   2021-09-20
ABB LTD D 2003-08-01 2021-04-20
MOTORS LIQ CO GUC TR UBI P 2012-06-12 2021-03-29
ANTHEM INC COM P    
COMCAST CORP (NEW) CLASS A P 2021-01-15  
LABORATORY CP AMER HLDGS NEW P 2020-06-24  
POLARIS INC P 2021-10-13 2021-12-09
VISA INC CL A P    
CROWN CASTLE INTL CORP P    
AT&T INC P   2021-09-20
WALMART INC P   2021-09-20
AMERICAN AIRLS GROUP INC D 2011-12-29 2021-04-20
OBSIDIAN ENERGY LTD P 2014-10-15 2021-04-20
ARCHER DANIELS MIDLAND P 2020-06-24 2021-03-01
CORNING INC P 2020-06-24 2021-02-09
MASTERCARD INC CL A P 2021-08-24 2021-12-09
PROCTER & GAMBLE P    
WALT DISNEY CO HLDG CO P    
EMERSON ELECTRIC CO P 2020-06-24 2021-11-09
CARRIER GLOBAL CORP P   2021-09-20
JANUS HENDERSON ENTERPRISES P 2016-03-21 2021-03-31
AMERICAN NAT'L BANKSHS INC VA P 2014-01-21 2021-04-20
PENSKE AUTO GP INC D 1999-04-19 2021-04-20
AT&T INC P    
DELTA AIR LINES INC NEW P 2020-10-13 2021-03-05
MERCK & CO INC NEW COM P    
QUALCOMM INC P    
WILLIS TOWERS WATSON PUB LTD P 2020-06-24 2021-01-15
HONEYWELL INTL INC P 2020-06-24 2021-08-24
CHEVRON CORP P   2021-09-20
JPMORGAN MID CAP VALUE R P   2021-03-31
AVIS BUDGET GROUP COM D 2009-04-09 2021-04-20
PG&E CORPORATION D 2001-01-18 2021-04-20
AUTOMATIC DATA PROCESSING INC P    
EAST WEST BANCORP P 2020-11-12 2021-03-01
METLIFE INCORPORATED P    
SCIENCE APPLICATIONS INTL CP P 2020-06-24 2021-06-17
ADOBE INC P 2020-06-24 2021-09-17
INTEL CORP P   2021-12-09
ENBRIDGE INC P   2021-09-20
PARTNERSHIPS S/T GAIN (LOSS) P 2021-01-01 2021-12-31
BANCO SANTANDER SA P   2021-04-20
PROCTER & GAMBLE D 1999-09-29 2021-04-20
AUTOZONE INC. P   2021-12-09
EXELON CORP P 2021-09-08 2021-11-09
MICROSOFT CORP P 2020-12-09 2021-03-16
SENSATA TECHNOLOGIES HLDG PLC P 2020-07-15 2021-06-17
ADVANCE AUTO PARTS P 2020-06-24 2021-10-13
ISHARES SHORT TREASURY BD ETF P 2020-06-24  
EOG RESOURCES INC P   2021-09-20
PARTNERSHIPS L/T GAIN (LOSS) P 2021-01-01 2021-12-31
COCA COLA EUROPEAN PARTNERS D 2000-05-18 2021-04-20
SEVERN BANCORP INC P 2013-09-13 2021-11-02
BALL CORPORATION P 2021-07-08 2021-11-05
FMC CORP NEW P 2021-03-01 2021-09-15
MONDELEZ INTL INC COM P   2021-06-16
SERVICENOW INC P    
AMGEN INC P 2020-06-24 2021-09-15
KNIGHT-SWIFT TRANSN HLDGS CL A P 2020-06-24 2021-12-09
EXXON MOBIL CORP P   2021-09-20
CASH LIQUIDATION DISTRIBUTIONS P 2021-01-01 2021-12-31
FANNIE MAE P 2008-07-11 2021-04-20
SHORE BANCSHARE INC P 2013-09-13 2021-11-02
BANK OF AMERICA CORP P   2021-04-23
FORTIVE CORP P 2020-11-05 2021-04-16
MONSTER BEVERAGE CORP NEW COM P    
SHERWIN WILLIAMS COMPANY OHIO P   2021-09-17
ARCHER DANIELS MIDLAND P 2020-06-24 2021-07-20
KYNDRYL HOLDINGS INC. P   2021-11-05
GLOBAL PAYMENTS INC D 2008-12-31 2021-03-31
ROUNDING P 2021-01-01 2021-12-31
FORD MOTOR CO NEW P 2008-10-10 2021-04-20
MID-CON ENERGY PARTNERS LP P 2014-12-09 2021-01-25
BANK OF NEW YORK MELLON CORP P   2021-07-20
FREEPORT-MCMORAN CL-B P 2021-01-15 2021-07-20
NETFLIX INC P 2021-01-13 2021-11-05
SOUTHWEST AIRLINES P    
AT&T INC P    
LOWES COMPANIES INC P 2020-11-12 2021-12-09
MERCK & CO INC P   2021-09-20
FREDDIE MAC P 2008-07-11 2021-04-20
CAPITAL BANCORP INC MD D 2005-08-29  
BLACKSTONE GROUP INC CL A P 2020-06-24 2021-03-16
GILEAD SCIENCE P 2021-02-10 2021-03-19
NVIDIA CORPORATION P 2020-06-24 2021-04-16
SPDR S&P 500 ETF TRUST P    
AUTOMATIC DATA PROCESSING INC P 2020-08-07 2021-08-24
METLIFE INCORPORATED P 2020-11-10 2021-12-01
ORGANON & CO P   2021-09-20
GCP APPLIED TECHNOLOGIES INC D 2001-04-09 2021-04-20
GULF COAST ULTRA DEEP RTY TR P 2014-10-28 2021-04-20
BRISTOL MYERS SQUIBB CO P 2020-10-16 2021-09-17
IQVIA HOLDINGS INC P 2020-06-24 2021-03-05
ORGANON & CO P 2020-06-24  
STRYKER CORP P 2020-08-06 2021-06-17
BANK OF NEW YORK MELLON CORP P 2020-06-25 2021-07-20
MICROSOFT CORP P 2020-06-24 2021-08-24
PFIZER INC P   2021-09-20
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 102   6 96
b 10,638     10,638
c 73   7,126 -7,053
d 5,796   3,082 2,714
e 20,935   20,787 148
823   809 14
28,546   30,888 -2,342
929   540 389
3,843   2,219 1,624
4,949   4,579 370
153   130 23
207   3,476 -3,269
2,563   2,378 185
20,119   10,628 9,491
2,100   2,104 -4
1,090   925 165
3,904   3,122 782
1,095   1,020 75
13,313   6,546 6,767
21,537   4,097 17,440
41   39 2
4,713   1,400 3,313
1,365   1,008 357
8,112   7,998 114
3,527   2,946 581
7,181   4,607 2,574
2,436   2,101 335
103   88 15
11,483   6,831 4,652
25,337   14,929 10,408
79   77 2
4,085   5,246 -1,161
5,797   6,293 -496
12,076   13,106 -1,030
17,896   16,245 1,651
7,198   6,280 918
2,047   1,656 391
4,330   3,565 765
1,438   976 462
9,266   9,232 34
38   62 -24
15,775   5,570 10,205
2,719   2,865 -146
8,717   7,131 1,586
690   687 3
15,160   12,984 2,176
30   28 2
2,081   1,342 739
2,715   2,113 602
584   636 -52
1,624   237 1,387
36   3,205 -3,169
9,188   6,575 2,613
973   820 153
6,229   3,758 2,471
3,605   4,168 -563
6,319   5,706 613
17,095   14,189 2,906
7,015   10,099 -3,084
6,399   3,040 3,359
2,025   46 1,979
176   5,015 -4,839
629   433 196
12,045   8,524 3,521
10,968   11,651 -683
13,675   12,811 864
20,464   12,756 7,708
6,707   4,135 2,572
8,524   3,648 4,876
59,056   31,000 28,056
3,333   1,825 1,508
8,433   475 7,958
24,432   25,345 -913
7,608   5,486 2,122
13,911   14,701 -790
22,991   17,270 5,721
4,340   4,032 308
1,153   697 456
10,293   12,411 -2,118
44,014   26,843 17,171
3,661   47 3,614
1,118   900 218
12,763   9,856 2,907
1,105   640 465
1,738   1,536 202
744   598 146
16,355   10,784 5,571
3,346   3,158 188
7,735   7,157 578
12,714     12,714
2,366   5,400 -3,034
13,844   3,211 10,633
33,617   20,858 12,759
643   605 38
1,196   1,069 127
795   557 238
3,917   2,737 1,180
7,844   7,862 -18
7,066   8,780 -1,714
29,411     29,411
5,522   3,862 1,660
3,180     3,180
7,731   7,254 477
5,439   6,009 -570
5,223   4,204 1,019
14,020   14,939 -919
11,801   12,580 -779
1,276   874 402
9,031   14,125 -5,094
176     176
2,260   7,801 -5,541
8   3 5
7,592   4,783 2,809
432   410 22
22,444   23,611 -1,167
2,651   2,189 462
4,603   3,107 1,496
394   400 -6
40,057     40,057
10     10
11,440   2,171 9,269
130   1,540 -1,410
6,245   4,819 1,426
1,456   1,344 112
8,528   6,612 1,916
13,714   11,363 2,351
6,363   6,910 -547
2,071   1,258 813
15,017   12,501 2,516
2,250   4,247 -1,997
829,062   34,457 794,605
9,717   7,072 2,645
2,252   2,365 -113
13,395   7,758 5,637
31,558   31,029 529
8,957   5,935 3,022
5,427   4,332 1,095
690   626 64
3,731   48 3,683
27   1,735 -1,708
488   492 -4
6,422   4,752 1,670
142   152 -10
1,034   745 289
149   114 35
5,445   3,561 1,884
15,564   11,537 4,027
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       96
b       10,638
c       -7,053
d       2,714
e       148
      14
      -2,342
      389
      1,624
      370
      23
      -3,269
      185
      9,491
      -4
      165
      782
      75
      6,767
      17,440
      2
      3,313
      357
      114
      581
      2,574
      335
      15
      4,652
      10,408
      2
      -1,161
      -496
      -1,030
      1,651
      918
      391
      765
      462
      34
      -24
      10,205
      -146
      1,586
      3
      2,176
      2
      739
      602
      -52
      1,387
      -3,169
      2,613
      153
      2,471
      -563
      613
      2,906
      -3,084
      3,359
      1,979
      -4,839
      196
      3,521
      -683
      864
      7,708
      2,572
      4,876
      28,056
      1,508
      7,958
      -913
      2,122
      -790
      5,721
      308
      456
      -2,118
      17,171
      3,614
      218
      2,907
      465
      202
      146
      5,571
      188
      578
      12,714
      -3,034
      10,633
      12,759
      38
      127
      238
      1,180
      -18
      -1,714
      29,411
      1,660
      3,180
      477
      -570
      1,019
      -919
      -779
      402
      -5,094
      176
      -5,541
      5
      2,809
      22
      -1,167
      462
      1,496
      -6
      40,057
      10
      9,269
      -1,410
      1,426
      112
      1,916
      2,351
      -547
      813
      2,516
      -1,997
      794,605
      2,645
      -113
      5,637
      529
      3,022
      1,095
      64
      3,683
      -1,708
      -4
      1,670
      -10
      289
      35
      1,884
      4,027
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,139,076
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 91,996
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 16,384
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,384
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,541
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,541
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 12,843
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFRANK E WILLIAMS III Telephone no.bullet (912) 764-6951

    Located atbulletPO BOX 1770MANASSASVA ZIP+4bullet20108
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    H ARTHUR WILLIAMS PRESIDENT
    000.00     		0 0 0
    PO BOX 1770
    MANASSAS,VA20108
    DANIEL K MULLER SECRETARY
    000.00     		0 0 0
    2789B HARTLAND RD
    FALLS CHURCH,VA22043
    FRANK E WILLIAMS III VP/TREASURER
    000.00     		0 0 0
    PO BOX 1770
    MANASSAS,VA20108
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,427,186
    b
    Average of monthly cash balances.......................
    1b
    769,408
    c
    Fair market value of all other assets (see instructions)................
    1c
    260,664
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,457,258
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,457,258
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    96,859
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    6,360,399
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    318,020
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    318,020
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    16,384
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,384
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    301,636
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    301,636
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    301,636
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 301,636
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 211,631
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 225,706
    a Applied to 2020, but not more than line 2a 211,631
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 14,075
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		287,561
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    H ARTHUR WILLIAMS
    FRANK E WILLIAMS III
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    FRANK WILLIAMS III
    PO BOX 4004
    MERRIFIELD,VA22116
    (912) 764-6951
    bThe form in which applications should be submitted and information and materials they should include:
    NONE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADVOCATES INTERNATIONAL
    2920 KING STREET
    ALEXANDRIA,VA223023512     		  PC RELIGIOUS LEGAL AID SUPPORT 2,500
    ALEXANDER THARPE FUND
    150 BOBBY DODD WAY NW
    ATLANTA,GA303320455     		  PC ATHLETIC SCHOLARSHIPS 10,000
    AMERICAN CANCER SOCIETY
    PO BOX 22478
    OKLAHOMA CITY,OK73123     		  PC CANCER RESEARCH, EDUCATION & SUPPORT 2,000
    AMERICAN HEART ASSOCIATION
    PO BOX 840692
    DALLAS,TX752840692     		  PC MEDICAL RESEARCH AND EDUCATION 2,500
    AMERICAN LIVER FOUNDATION
    PO BOX 299
    WEST ORANGE,NJ07052     		  PC PRIMARY SCLEROSING CHOLANGITIS RES. 6,000
    BAPTIST BIBLE HOUR
    PO BOX 17037
    CINCINNATI,OH452170037     		  PC RELIGIOUS MINISTRY 1,000
    BIG BROTHERS BIG SISTERS OF CEN VA
    2901 LANGHORNE ROAD
    LYNCHBURG,VA24501     		  PC MENTORING SERVICES 1,000
    BIG OAK RANCH
    250 JAKE MINTZ ROAD
    GADSDEN,AL35905     		  PC CHRISTIAN CHILDREN'S HOME 2,500
    CARDINAL GIBBONS HIGH SCHOOL
    2900 NE 47TH STREET
    FORT LAUDERDALE,FL33308     		  PC TUITION SUPPORT & ACADEMIC PROGRAMS 3,000
    CATHOLIC CHARITIES DIOCESE OF ARLIN
    200 NORTH GLEBE RD ST 250
    ARLINGTON,VA22203     		  PC RELIGIOUS 3,000
    CHARLES CARRIN MINISTRIES INC
    PO BOX 800
    BOYNTON BEACH,FL334250800     		  PC RELIGIOUS MINISTRY 600
    COMMITTEE FOR HELPING OTHERS
    PO BOX 233
    VIENNA,VA22183     		  PC HOLIDAY FOOD ASSISTANCE 2,500
    CURE ALZHEIMER'S FUND
    34 WASHINGTON ST STE 310
    WELLESLEY HILLS,MA02481     		  PC GRANTS TO ALZHEIMER'S RESEARCHERS 1,000
    DISCIPLING MINISTRIES INTERNATIONAL
    PO BOX 69
    CULLODEN,GA31016     		  PC RELIGIOUS MINISTRY 6,500
    DOORWAYS FOR WOMEN AND FAMILES
    PO BOX 100185
    ARLINGTON,VA22210     		  PC DOMESTIC VIOLENCE 3,000
    FIGURE SKATING IN HARLEM
    361 W 12TH ST 4TH FLOOR
    NEW YORK,NY10027     		  PC EDUCATION & LEADERSHIP 2,000
    FIVE TALENTS USA
    PO BOX 331
    VIENNA,VA22183     		  PC EDUCATION & ECONOMIC DEVELOPMENT 2,000
    FOOD FOR OTHERS
    2938 PROSPERITY AVENUE
    FAIRFAX,VA22031     		  PC GROCERIES FOR FOOD INSECURE FAMILIES 9,000
    GEORGETOWN UNIVERSITY LOMBARDI CCC
    3300 WHITEHAVEN ST NW
    WASHINGTON,DC20007     		  PC GRANTS FOR PATIENT CARE 2,500
    GEORGIA TECH FOUNDATION
    760 SPRING ST NW ST 400
    ATLANTA,GA30308     		  PC ACADEMIC ENDOWMENT FUNDS 40,000
    GVBR-FCA BABE RUTH BASEBALL
    PO BOX 250
    VIENNA,VA22183     		  PC TEAM SPONSORSHIPS 2,000
    HERREN PROJECT
    PO BOX 131
    PORTSMOUTH,RI02871     		  PC ADDICTION OUTREACH PROGRAM 3,000
    HUMANE SOCIETY OF FAIRFAX COUNTY
    4057 CHAIN BRIDGE ROAD
    FAIRFAX,VA22030     		  PC ANIMAL WELFARE 5,000
    INDEPENDENT BAPTIST MISSION FOR ASI
    PO BOX 912
    MARIETTA,OH45750     		  PC MISSIONARY SUPPORT 2,000
    MONETA RESCUE SQUAD
    PO BOX 497
    MONETA,VA24121     		  PC PUBLIC SAFETY 500
    MT OLIVE PRIMITIVE BAPTIST CHURCH
    3106 RED ROACK ROAD
    ROANOKE,VA24015     		  PC RELIGIOUS 500
    NORTHERN VA PRIMITIVE BAPTIST CHURC
    9640 BLAKE LANE
    FAIRFAX,VA22031     		  PC RELIGIOUS 18,000
    NOVA FCA BASEBALL
    8925 LEESBURG PIKE
    VIENNA,VA22182     		  PC CHRISTIAN MINISTRY THROUGH ATHLETICS 5,000
    ORGANIZATION FOR AUTISM RESEARCH
    2111 WILSON BLVD STE 401
    ARLINGTON,VA22201     		  PC RESEARCH & SCHOLARSHIPS 6,000
    OUR LADY OF GOOD COUNCIL CATHOLIC
    8601 WOLFTRAP ROAD
    VIENNA,VA22182     		  PC RELIGIOUS 3,000
    OVARIAN CANCER INSTITUTE
    960 JOHNSON FERRY ROAD
    ATLANTA,GA30342     		  PC MEDICAL RESEARCH 2,500
    PEDIATRIC BRAIN TUMOR FOUNDATION
    6065 ROSWELL ROAD NE
    ATLANTA,GA30328     		  PC MEDICAL RESEARCH 1,000
    PRAESPERO GROUP
    250 WYLDEROSE COMMONS
    MIDLOTHIAN,VA23113     		  PC PEDIATRIC INFUSION ROOMS 500
    PRIMITIVE BAPTIST FOUNDATION INC
    PO BOX 595
    ROSWELL,GA300770595     		  PC HAITI MISSION WORK & LIBRARY ARCHIVE 13,500
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		  PC HUMANITARIAN AID 5,000
    SMITH MOUNTAIN LAKE MARINE FIRE
    PO BOX 899
    HARDY,VA241010899     		  PC PUBLIC SAFETY 500
    ST SCHOLASTICA PRIORY
    PO BOX 606
    PETERSHAM,MA013660606     		  PC RELIGIOUS 500
    STATESBORO PRIMITIVE BAPTIST CHURCH
    4 SOUTH ZETTEROWER AVE
    STATESBORO,GA30458     		  PC RELIGIOUS 2,000
    SYRACUSE UNIVERSITY
    640 SKYTOP RD RM 240
    SYRACUSE,NY132445160     		  PC EDUCATIONAL 10,000
    TEAM RUBICON
    214 MAIN ST 354
    EL SGUNDO,CA90245     		  PC NATURAL DISASTER RELIEF & RESPONSE 5,000
    THE LAMB CENTER
    PO BOX 1385
    FAIRFAX,VA220381385     		  PC COUNSELING CENTER OUTREACH MINISTRY 6,000
    THE MICHAEL J FOX FOUNDATION
    PO BOX 5014
    HAGERSTOWN,MD217415014     		  PC RESEARCH 2,000
    THE V FOUNDATION
    14600 WESTON PARKWAY
    CARY,NC27513     		  PC CANCER RESEARCH 5,000
    TRINITY CHRISTIAN SCHOOL
    11204 BRADDOCK ROAD
    FAIRFAX,VA22030     		  PC RELIGIOUS EDUCATION 2,500
    VIENNA BASEBALL FOUNDATION INC
    1921 GALLOWS RD STE 750
    VIENNA,VA22182     		  PC YOUTH ATHLETICS TOURNAMENTS 3,000
    VIENNA LITTLE LEAGUE
    PO BOX 61
    VIENNA,VA22183     		  PC YOUTH ATHLETICS SPONSORSHIPS 5,000
    VIENNA VOLUNTEER FIRE DEPARTMENT
    PO BOX 1115
    VIENNA,VA221831115     		  PC PUBLIC SAFETY 2,000
    WASHINGTON NATIONALS PHILANTHROPIES
    1500 SOUTH CAPITOL ST SE
    WASHINGTON,DC20003     		  PC YOUTH PROGRAMS 5,000
    WAYMARK MINISTRIES
    PO BOX 731
    THOMASTON,GA30286     		  PC RELIGIOUS MINISTRY 1,000
    WESTMINSTER CHRISTIAN FELLOWSHIP
    724 TECHWOOD DRIVE
    ATLANTA,GA30313     		  PC CAMPUS OUTREACH 1,000
    WORLD CENTRAL KITCHEN INC
    655 NEW YORK AVE NW
    6TH FLOOR
    WASHINGTON,DC20001     		  PC FOOD DRIVE 3,000
    Total .................................bullet 3a 223,600
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 890  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,139,076  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER PORTFOLIO INCOME - AD     		        -6,228
    bORD BUSINESS INCOME/LOSS         15
    cMIDCON ENERGY PARTNERS         495
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 10,121 1,238,306 -5,718
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,242,709
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    7 THE INCOME WAS UTILIZED TO FURTHER THE EXEMPT PURPOSE OF THE WILLIAMS FAMILY FOUNDATION, A NONPROFIT 501 (C)(3) FOUNDATION WHOSE SOLE PURPOSE IS TO MAKE GIFTS, GRANTS AND CONTRIBUTIONS FOR CHARITABLE, SCIENTIFIC, LITERARY, RELIGIOUS AND/OR EDUCATIONAL PURPOSES.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE WILLIAMS FAMILY FOUNDATION
     
    Employer identification number

    54-1861951
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
          		Employer identification number
    54-1861951
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    FRANK E WILLIAMS III
    PO BOX 1770
     
    MANASSAS, VA20108

    		$ 300,699


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    WILLIAMS FAMILY LIMITED PARTNERSHIP
     
    2789B HARTLAND ROAD
     
    FALLS CHURCH, VA22043

    		$ 251,313


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
          		Employer identification number

    54-1861951
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 11,100 SHARES CAPITAL BANCORP $ 300,699 2021-12-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 11,400 SHARES CAPITAL BANCORP $ 251,313 2021-05-28
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE WILLIAMS FAMILY FOUNDATION
          		Employer identification number

    54-1861951
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 8,187 6,550   1,637

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    START-UP EXPENSES 1997-10-15 1,156 1,156 S/L 5.0000        

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS - PURCHASED 3,409,345 4,442,847
    INVESTMENTS-CONTRIBUTED 1,251,639 1,732,869

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INV IN ATEGRA COMMUNITY FINANC AT COST 91,479 91,479
    INV IN PRUDENT CAPITAL II, LP AT COST 24,825 24,825
    INV IN COMPASS POINT PTRS AT COST 50,361 50,361

    TY 2021 LandEtcSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    START UP COSTS 1,156 1,156    


    TY 2021 OtherDecreasesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Amount
    BOOK/TAX DIFFERENCE 492,670
    K-1 PASSTHROUGH ADJ 10,189


    TY 2021 OtherExpensesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT EXPENSES 1,856 1,856    
    FOREIGN TAXES 318 318    
    BANK FEES 157 157    
    INSURANCE 1,570 1,256   314
    OFFICE SUPPLIES 777 622   155


    TY 2021 OtherIncomeSchedule2
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ATEGRA K-1 UBTI 10,121    
    OTHER PORTFOLIO INCOME - ADJ. -6,228 -6,228  
    ORD BUSINESS INCOME/LOSS 15    
    MIDCON ENERGY PARTNERS 495    


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Description Beginning of Year - Book Value End of Year - Book Value
    PRUDENT INSTALLMENT AGREEMENT 25,000 25,000
    LOAN PAYABLE - FEWJR 77,050 77,050


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 42,083 42,083    


    TY 2021 TaxesSchedule
    Name:
    THE WILLIAMS FAMILY FOUNDATION
    EIN:
    54-1861951
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES-OTHER 510