Adam J Weissman Foundation
- Assets
- $12.3m
- Revenue
- $1.2m
- Investments
- $12.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-2624778
Organization Overview
Adam J Weissman Foundation is located in Wilmington, DE. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adam J Weissman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Adam J Weissman Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $756.5k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Adam J Weissman Foundation has awarded 206 individual grants totaling $3,198,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tabitha Jordan VP | 1 | $0 | |
Adam J Weissman Pres, Dir, Sec | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/21 | $58,813 |
Morgan Stanley | 12/30/21 | $56,069 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,283 |
| Interest on Savings | $272 |
| Dividends & Interest | $140,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $787,307 |
| Capital Gain Net Income | $787,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193,167 |
| Total Revenue | $1,221,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,792 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83,121 |
| Total operating and administrative expenses | $154,992 |
| Contributions, gifts, grants paid | $601,500 |
| Total expenses and disbursements | $756,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $318,710 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,559,136 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,313,165 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adam J Weissman Foundation has awarded $601,500 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Portland, OR PURPOSE: TO SUPPORT THE WEISSMAN NEUROBIOLOGY LAB | $50,000 |
AGORA PARTNERSHIPS PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
HEIFER PROJECT INTERNATIONAL PURPOSE: NEPAL PROGRAM | $50,000 |
TESSELLATIONS PURPOSE: SCHOLARSHIP FUND | $50,000 |
San Francisco, CA PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Oakland, CA PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Segal Family Foundation Inc Warren, NJ | $106,923,735 | $21,683,461 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |