Richard F Weaver And Janice Fweaver Educational Trust Inc
- Assets
- $3.3m
- Revenue
- $100.5k
- Investments
- $3.1m
- Employees
- 0
- Location
- Wolcottville, IN
- Founding
- 11/2008
- Data as of
- 12/2020
- EIN
- 20-8486438
Organization Overview
Richard F Weaver And Janice Fweaver Educational Trust Inc is located in Wolcottville, IN. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard F Weaver And Janice Fweaver Educational Trust Inc 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 12/2020, Richard F Weaver And Janice Fweaver Educational Trust Inc generated $100.5k in total revenue. All expenses for the organization totaled $115.4k during the year ending 12/2020.
Since 2019, Richard F Weaver And Janice Fweaver Educational Trust Inc has awarded 13 individual grants totaling $159,750. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Waters Vice Preside | 0 | $0 | |
Lynn Weaver President/tr | 10 | $0 | |
Laura Joyner Secretary | 0 | $0 | |
Laura Weaver Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86 |
| Dividends & Interest | $56,610 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,759 |
| Capital Gain Net Income | $30,561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $26,366 |
| Contributions, gifts, grants paid | $89,000 |
| Total expenses and disbursements | $115,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,305 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,274,219 |
| 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, Richard F Weaver And Janice Fweaver Educational Trust Inc has awarded $114,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN KENTUCKY COMMUNITY FOUNDATI PURPOSE: COMMUNITY FUND | $50,000 |
MURRAYCALLOWAY HOSPITAL PURPOSE: CANCER HOSPITAL | $25,000 |
MURRAY STATE UNIVERSITY RIFLE TEAM PURPOSE: RENOVATION RIFLE RANGE | $21,500 |
Murray, KY PURPOSE: MUSIC & MEMORY EXPANSION OF PROGRAM | $5,500 |
ROTARY FOUNDATION PURPOSE: DICK WEAVER SCHOLARSHIP | $5,000 |
PLEASANT HILL CEMETERY FUND PURPOSE: GARNETT BEATTY MEMORIAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |