Andrew Weishar Foundation
- Assets
- $1.3m
- Revenue
- $582.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 80-0900881
Organization Overview
Andrew Weishar Foundation is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Andrew Weishar 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 12/2022, Andrew Weishar Foundation generated $582.9k 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 (3.9%) each year. All expenses for the organization totaled $647.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ANDREW WEISHAR FOUNDATION WAS ORGANIZED FOR THE PURPOSE OF PROVIDING FINANCIAL RELIEF TO FAMILIES BATTLING CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DISBURSED $541,349 TO BENEFICIARIES IN 2022.BENEFICIARIES AND THEIR FAMILIES USE THESE GRANTS FOR A MULTITUDE OF EXPENSES INCLUDING BUT NOT LIMITED TO: MEDICAL BILLS, TRANSPORTATION AND TRAVEL COSTS, FOOD, RENT AND MORTGAGE PAYMENTS, TUITION, AND WHATEVER ELSE THEY SEE FIT TO BEST HELP THEM DURING THE MOST TRYING TIMES OF THEIR LIVES.
THE VOLUNTEERS OF WEISH4EVER ARE THE LIFEBLOOD OF THE ORGANIZATION. ASIDE FROM HELPING RUN THE FUNDRAISING EVENTS THROUGHOUT THE YEAR AND HELPING RAISE MONEY TO ENSURE THE MISSION OF WEISH4EVER CONTINUES, THE VOLUNTEERS MOST IMPORTANTLY DEVELOP RELATIONSHIPS WITH THE BENEFICIARIES. EACH BENEFICIARY IS PAIRED WITH ONE OF THE WEISH4EVER VOLUNTEERS WHEN THEY ARE SELECTED TO BE A BENEFICIARY. THE VOLUNTEERS DEVELOP RELATIONSHIPS WITH THE BENEFICIARIES AND THEIR FAMILIES AND OFTEN BECOME GREAT FRIENDS. IT IS MORE THAN JUST PROVIDING FINANCIAL RELIEF FOR BENEFICIARIES AND THAT IS WHAT THE WEISH4EVER VOLUNTEERS DO. FROM START TO FINISH, THEY ARE ON THE JOURNEY WITH BENEFICIARIES AND PROVIDE SUPPORT ALL ALONG THE WAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Weishar President | OfficerTrustee | 10 | $0 |
Kevin Morrison Treasurer | OfficerTrustee | 1 | $0 |
Maggie Sommer Executive Director | OfficerTrustee | 10 | $20,000 |
Angela Mehalek Board Member | Trustee | 20 | $33,750 |
Brian Hynes Vice President | OfficerTrustee | 1 | $0 |
Jeff Mehalek Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,971 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,971 |
| Total Program Service Revenue | $0 |
| Investment income | $11,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$153,213 |
| Net Income from Fundraising Events | $482,735 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $582,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $503,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,750 |
| Compensation of current officers, directors, key employees. | $26,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,715 |
| Fees for services: Other | $46,461 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $18,349 |
| Total functional expenses | $647,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $800,584 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,258,924 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,258,924 |
| Total liabilities and net assets/fund balances | $1,258,924 |