Maxwell C Weaver Foundation
- Assets
- $2.4m
- Revenue
- $25.0k
- Investments
- $2.4m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 31-6275346
Organization Overview
Maxwell C Weaver Foundation is located in Milwaukee, WI. The organization was established in 1987. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maxwell C 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 12/2022, Maxwell C Weaver Foundation generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.2%) each year. All expenses for the organization totaled $285.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Maxwell C Weaver Foundation has awarded 205 individual grants totaling $1,063,726. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,132 |
| Interest on Savings | $0 |
| Dividends & Interest | $60,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,843 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $88 |
| Total Revenue | $25,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,976 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,188 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $57,864 |
| Contributions, gifts, grants paid | $227,513 |
| Total expenses and disbursements | $285,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,443 |
| 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 | $1,930,834 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,947 |
| Total assets | $2,439,928 |
| 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, Maxwell C Weaver Foundation has awarded $227,513 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
CREATIVE AGING CINCINNATI PURPOSE: GENERAL OPERATING | $5,000 |
ARTWORKS PURPOSE: GENERAL OPERATING | $5,000 |
STRATEGIES TO END HOMELESSNESS PURPOSE: GENERAL OPERATING | $5,000 |
CENTER FOR ADDICTION TREATMENT PURPOSE: GENERAL OPERATING | $5,000 |
KENTUCKY SYMPHONY ORCHESTRA PURPOSE: GENERAL OPERATING | $3,000 |
THE HILLSIDE TRUST PURPOSE: GENERAL OPERATING | $5,000 |