Charles L Weisberg Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $139.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/1991
- Data as of
- 06/2023
- EIN
- 61-1190609
Organization Overview
Charles L Weisberg Family Foundation Inc is located in Louisville, KY. The organization was established in 1991. 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. Charles L Weisberg Family 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, Charles L Weisberg Family Foundation Inc generated $139.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $203.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Charles L Weisberg Family Foundation Inc has awarded 330 individual grants totaling $756,085. 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 |
|---|---|---|---|
Frank Weisberg Vice Pres. | 1 | $0 | |
Ronald Weisberg President | 1 | $0 | |
Alan Weisberg Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,590 |
| Capital Gain Net Income | $114,590 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $139,504 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $15 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,933 |
| Total operating and administrative expenses | $16,830 |
| Contributions, gifts, grants paid | $186,820 |
| Total expenses and disbursements | $203,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,367 |
| Savings and temporary cash investments | $141,560 |
| 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 | $27,436 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,321,725 |
| 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, Charles L Weisberg Family Foundation Inc has awarded $186,820 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU PURPOSE: GENERAL FUND | $35 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL FUND | $317 |
ANTI DEFAMATION LEAGUE PURPOSE: GENERAL FUND | $80 |
CASA OF THE RIVER REGION PURPOSE: GENERAL FUND | $50 |
BLOOM JEWISH MUSIC FOUNDATION PURPOSE: GENERAL FUND | $10,000 |
CEDAR LAKE PURPOSE: GENERAL FUND | $36 |