Theodore And Renee Weiler Foundation Inc is located in Melville, NY. The organization was established in 1965. 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. Theodore And Renee Weiler 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 12/2023, Theodore And Renee Weiler Foundation Inc generated $288.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $474.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Theodore And Renee Weiler Foundation Inc has awarded 566 individual grants totaling $4,394,250. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Kandel Treas.-Mgr. Dir | 4 | $40,000 | |
Alan Safir Pres.-Director | 1 | $0 | |
Jonathan J Kandel Vice President | 0 | $0 | |
Joan Safir Vice President | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 12/30/23 | $19,148 |
Neuberger Berman Bd Llc | 12/30/23 | $22,467 |
Neuberger Berman Bd Llc | 12/30/23 | $0 |
Ubs Financial Services | 12/30/23 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $198,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $89,242 |
| Capital Gain Net Income | $89,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $288,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,271 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,080 |
| Total operating and administrative expenses | $78,537 |
| Contributions, gifts, grants paid | $396,000 |
| Total expenses and disbursements | $474,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,519 |
| Savings and temporary cash investments | $466,677 |
| 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 | $18,732 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $992,767 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,750,493 |
| 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 |
Over the last fiscal year, Theodore And Renee Weiler Foundation Inc has awarded $396,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
WHITE PLAINS HOSPITAL CENTER PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $5,000 |
HEWLETT-EAST ROCKAWAY JEWISH CENTER PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $5,000 |
JUPITER MEDICAL CENTER PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $5,000 |
CENTRAL PARK CONSERVANCY PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $1,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADO PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $10,000 |
BLYTHEDALE CHILDREN'S HOSPITAL PURPOSE: GENERAL & CAPITAL PURPOSES, UNLESS NOTED | $5,000 |