Weigand Family Foundation
- Assets
- $2.3m
- Revenue
- $65.5k
- Investments
- $2.1m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 81-4577236
Organization Overview
Weigand Family Foundation is located in Wichita, KS. The organization was established in 2017. 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. Weigand Family 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, Weigand Family Foundation generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $211.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Weigand Family Foundation has awarded 31 individual grants totaling $736,500. 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 |
|---|---|---|---|
Nestor R Weigand Jr Co-Trustee | 1 | $0 | |
Nestor R Weigand III Co-Trustee | 1 | $0 | |
Gregory L Franken Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $43,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,916 |
| Capital Gain Net Income | $21,916 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,424 |
| Total operating and administrative expenses | $80,323 |
| Contributions, gifts, grants paid | $131,500 |
| Total expenses and disbursements | $211,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,840 |
| 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 | $1,954,548 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $70,272 |
| Total assets | $2,251,193 |
| 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, Weigand Family Foundation has awarded $131,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICANS FOR PROSPERITY PURPOSE: GENERAL FUND | $30,000 |
ST THOMAS AQUINAS CATHOLIC CHURCH PURPOSE: GENERAL FUND | $25,000 |
CATO INSTITUTE PURPOSE: GENERAL FUND | $30,000 |
UJUMP INC PURPOSE: GENERAL FUND | $4,000 |
WICHITA COLLEGIATE SCHOOL PURPOSE: GENERAL FUND | $12,500 |
KANSAS POLICY INSTITUTE PURPOSE: GENERAL FUND | $30,000 |