Sidney Weinman Memorial Foundation Inc
- Assets
- $386.1k
- Revenue
- $54.8k
- Investments
- $371.6k
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 52-1459939
Organization Overview
Sidney Weinman Memorial Foundation Inc is located in Owings Mills, MD. The organization was established in 1986. 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. Sidney Weinman Memorial 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 12/2021, Sidney Weinman Memorial Foundation Inc generated $54.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $27.8k during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 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 2015, Sidney Weinman Memorial Foundation Inc has awarded 49 individual grants totaling $116,975. 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 |
|---|---|---|---|
Zee Jay Greenspan President | 1 | $0 | |
Steven Cooper Secretary | 1 | $0 | |
Sandee Cooper Vice President/treasurer | 1 | $0 | |
Mark Weinman Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42 |
| Dividends & Interest | $13,393 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,318 |
| Capital Gain Net Income | $41,318 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,753 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $696 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62 |
| Total operating and administrative expenses | $5,821 |
| Contributions, gifts, grants paid | $22,000 |
| Total expenses and disbursements | $27,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,454 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $73 |
| 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 | $26 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,116 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $386,106 |
| Accounts payable and accrued expenses | $854 |
| 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 | $854 |
Grants Awarded
Over the last fiscal year, Sidney Weinman Memorial Foundation Inc has awarded $22,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Loveladies, NJ PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $5,000 |
BALLEN ISLES CHARITIES FOUNDATION INC PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $3,500 |
JEWISH FEDERATION OF PALM BEACH COUNTY PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $3,500 |
PLANNED PARENTHOOD OF SOUTH FLORIDA PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $2,500 |
JEWISH COMMUNITY CENTER OF LONG BEACH ISLAND PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $2,500 |
ALS ASSOCIATION PURPOSE: TO FURTHER THE GOALS OF THE ORGANIZATIONS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |