William M Weaver Foundation
- Assets
- $0.0
- Revenue
- $1.9m
- Investments
- $10.6m
- Employees
- 0
- Location
- Sweetwater, TX
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 30-0140386
Organization Overview
William M Weaver Foundation is located in Sweetwater, TX. The organization was established in 2003. 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. William M Weaver 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, William M Weaver Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $615.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William M Weaver Foundation has awarded 104 individual grants totaling $7,405,769. 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 |
|---|---|---|---|
Name Not Listed Trustee | 0 | $115,344 | |
Sandra Adams Admin Board | 0 | $0 | |
Elwood Freeman Admin Board | 0 | $0 | |
Neale Roy Admin Board | 0 | $0 | |
Russell Cox Admin Board | 0 | $0 | |
Reinhard Mckinney Admin Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $125,926 |
| Dividends & Interest | $227,673 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,458 |
| Total Revenue | $1,864,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $117,040 |
| Pension plans, employee benefits | $0 |
| Depreciation | $8,939 |
| Occupancy | $1,388 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $218,391 |
| Contributions, gifts, grants paid | $397,027 |
| Total expenses and disbursements | $615,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $984,398 |
| Other assets | $53,151 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, William M Weaver Foundation has awarded $933,953 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ACKERLY VFD PURPOSE: BUILDING | $50,000 |
CITY OF WELCH PURPOSE: UPGRADE WATER TOWER | $81,090 |
FIRST PRESBYTERIAN CHURCH PURPOSE: OPERATING | $115,265 |
CITY OF LAMESA PURPOSE: PUBLIC RODEO GROUNDS IMPROVEMENTS | $194,137 |
WELCH VOL FIRE PURPOSE: EQUIPMENT | $21,740 |
DAWSON IND SCHOOL DISTRICT PURPOSE: EDUCATION FACILITIES | $116,245 |