Weaver Foundation Inc

Organization Overview

Weaver Foundation Inc is located in Greensboro, NC. The organization was established in 1968. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Weaver 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, Weaver Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 5 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 2014, Weaver Foundation Inc has awarded 395 individual grants totaling $12,133,988. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $544,720
Interest on Savings $664
Dividends & Interest $629,562
Net Rental Income$0
Net Gain on Sale of Assets $2,462,452
Capital Gain Net Income $2,462,452
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $12,992
Total Revenue $3,650,390

Grants Awarded

Over the last fiscal year, Weaver Foundation Inc has awarded $1,973,506 in support to 85 organizations.

Grant RecipientAmount

BACK PACK BEGINNINGS

PURPOSE: BACKPACK BEGINNINGS' - EXPANSION CAMPAIGN

$50,000

BROTHERS ORGANIZED TO SAVE OTHERS

PURPOSE: ANNUAL SUPPORT

$2,500

CAROLINA THEATER

PURPOSE: FACADE CAMPAIGN

$45,000

CASA AZUL OF GREENSBORO

PURPOSE: ANNUAL SUPPORT FOR PROMOTING LATINO ART & CULTURE; DIA DE LOS MUERTOS SUPPORT

$1,000

CHILDREN'S HOME SOCIETY

PURPOSE: TO SUPPORT THE SOCIETY IN THEIR EFFORTS TO PROMOTE THE RIGHT OF EVERY CHILD TO A PERMANENT, SAFE, AND LOVING FAMILY.

$40,000

COMMUNITY FOUNDATION OF GREATER GREENSBORO

PURPOSE: BSN PROJECT SUPPORT

$1,000
View Grant Profile

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