Carroll & Charlotte Weinberg Foundation
- Assets
- $15.4m
- Revenue
- $1.8m
- Investments
- $7.7m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 10/1990
- Data as of
- 04/2024
- EIN
- 52-1679498
Organization Overview
Carroll & Charlotte Weinberg Foundation is located in Baltimore, MD. The organization was established in 1990. 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. Carroll & Charlotte Weinberg 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 04/2024, Carroll & Charlotte Weinberg Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $810.3k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Carroll & Charlotte Weinberg Foundation has awarded 91 individual grants totaling $3,888,448. 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 |
|---|---|---|---|
John C Davison President/treasurer | 5 | $0 | |
Gwynne A Weinberg Vice-President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,401,619 |
| Interest on Savings | $553,945 |
| Dividends & Interest | $88,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$290,468 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,753,510 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,123 |
| Total operating and administrative expenses | $165,289 |
| Contributions, gifts, grants paid | $645,000 |
| Total expenses and disbursements | $810,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,033 |
| Savings and temporary cash investments | $989,362 |
| 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 | $6,523,609 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,736,998 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,430,002 |
| 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, Carroll & Charlotte Weinberg Foundation has awarded $645,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN TECHNION SOCIETY PURPOSE: EDUCATIONAL | $100,000 |
THE ASSOCIATEDJEWISH MUSEUM OF MARYLAND PURPOSE: EDUCATIONAL | $200,000 |
CONSCIOUS VENTURE LAB NOVELLA CENTER FOR ENTREPRENEURSHIP PURPOSE: EDUCATIONAL | $100,000 |
MARYLAND HORSE FOUNDATION PURPOSE: EDUCATIONAL | $50,000 |
PENNSYLVANIA BAT RESCUE PURPOSE: EDUCATIONAL | $25,000 |
PENNSYLVANIA HORTICULTURAL SOCIETY PURPOSE: EDUCATIONAL | $25,000 |