Weimar Methodist Foundation

Organization Overview

Weimar Methodist Foundation is located in Weimar, TX. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weimar Methodist 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 12/2023, Weimar Methodist Foundation generated $1.4m in total revenue. All expenses for the organization totaled $433.8k during the year ending 12/2023. While expenses have increased by 39.2% 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 2020, Weimar Methodist Foundation has awarded 68 individual grants totaling $742,825. 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

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLEGE SCHOLARSHIPS TO WEIMER HIGH SCHOOL GRADUATES WITH NEED. DURING THE YEAR THE FOUNDATION PROVIDED SCHOLARSHIPS TO 9 STUDENTS


MINISTRIES OF THE FIRST UNITED METHODIST CHURCH OF WEIMER WHICH INCLUDES SUPPORT OF LOCAL PUBLIC CHARITIES


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Board, Officers & Key Employees

Name (title)Compensation
Scott Brasher
President
$0
Kimberly Wescott
Vice-President
$0
Rev Patricia Gideon
Treasurer
$0
Phyllis Venghaus
Secretary
$0
Sue Mullens
Director
$0
Staci Heger
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $53,560
Net Rental Income$0
Net Gain on Sale of Assets $1,325,363
Capital Gain Net Income $1,325,363
Net ST Capital Gain $0
Income Modifications $3,750
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,378,923

Grants Awarded

Over the last fiscal year, Weimar Methodist Foundation has awarded $419,808 in support to 26 organizations.

Grant RecipientAmount

DONDRAE CARTER

PURPOSE: SCHOLARSHIP

$3,000

ALLISON GALLAHER

PURPOSE: SCHOLARSHIP

$3,000

TORI JANAK

PURPOSE: SCHOLARSHIP

$750

RYAN KLOESEL

PURPOSE: SCHOLARSHIP

$3,000

TANNER KONVICKA

PURPOSE: SCHOLARSHIP

$3,000

KARYME MARTINEZ

PURPOSE: SCHOLARSHIP

$3,000
View Grant Profile

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