Weller Foundation Inc
- Assets
- $2.4m
- Revenue
- $407.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Atkinson, NE
- Founding
- 05/1979
- Data as of
- 06/2023
- EIN
- 47-0611350
Organization Overview
Weller Foundation Inc is located in Atkinson, NE. The organization was established in 1979. 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. Weller Foundation 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 06/2023, Weller Foundation Inc generated $407.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $265.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Weller Foundation Inc has awarded 255 individual grants totaling $332,099. 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 |
|---|---|---|---|
Clark Gotschall Secretary Tr | 1 | $0 | |
Dr Robert Randall Director | 1 | $0 | |
Shirley Rossman Director | 1 | $0 | |
Bryan Rentschler President | 1 | $0 | |
Barb Shane Vice Preside | 1 | $0 | |
Kyle Asher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,750 |
| Dividends & Interest | $0 |
| Net Rental Income | $307,598 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $407,399 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $36,042 |
| Pension plans, employee benefits | $3,680 |
| Interest | $0 |
| Taxes | $77,485 |
| Depreciation | $4,200 |
| Occupancy | $3,639 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,332 |
| Total operating and administrative expenses | $152,731 |
| Contributions, gifts, grants paid | $112,300 |
| Total expenses and disbursements | $265,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $588,379 |
| Savings and temporary cash investments | $201,750 |
| 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 | $1,549,695 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $27,015 |
| Other assets | $0 |
| Total assets | $2,366,839 |
| 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, Weller Foundation Inc has awarded $112,300 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
KAUP ASHLYN R PURPOSE: SOUTHEAST COMMUNITY COLLEGE-LINCOLN | $2,000 |
DAILEY CASH O PURPOSE: SOUTHEAST COMMUNITY COLLEGE-MILFORD | $2,000 |
FAREWELL CADE H PURPOSE: SOUTHEAST COMMUNITY COLLEGE-MILFORD | $2,000 |
SCHROEDL HALEY M PURPOSE: UNIVERSITY OF NEBRASKA-KEARNEY | $2,000 |
GIDEON CLAIRE E PURPOSE: UNIVERSITY OF NEBRASKA-LINCOLN | $3,300 |
NELSON BRITTNEY L PURPOSE: UNIVERSITY OF NEBRASKA-LINCOLN | $1,000 |