Weiler Foundation is located in Knoxville, IA. The organization was established in 2009. 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. Weiler 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, Weiler Foundation generated $241.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Weiler Foundation has awarded 144 individual grants totaling $2,615,956. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING TO KNOXVILLE HOSPITAL & CLINICS FOUNDATION.
PROVIDED FUNDING TO KNOXVILLE PUBLIC LIBRARY.
PROVIDED FUNDING TO TWIN CEDARS CSD.
PROVIDED FUNDING TO CENTRAL COLLEGE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katelyn Freeseman Secretary/tr | 1 | $0 | |
Joel Weiler Vice Preside | 1 | $0 | |
Megan Green President | 1 | $0 | |
Pat Weiler Director | 1 | $0 | |
Sharon Weiler Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $60,556 |
| Dividends & Interest | $73,890 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106,828 |
| Capital Gain Net Income | $106,828 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $135 |
| Total Revenue | $241,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $75,286 |
| Contributions, gifts, grants paid | $1,231,641 |
| Total expenses and disbursements | $1,306,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,198 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,842,679 |
| 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, Weiler Foundation has awarded $1,231,641 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: FINANCIAL SUPPORT | $1,000 |
HABITAT FOR HUMANITY OF MARION COUN PURPOSE: FINANCIAL SUPPORT | $10,000 |
KNOXVILLE PANTHER SCHOLARSHIP FOUN PURPOSE: SCHOLARSHIPS | $6,800 |
KNOXVILLE PUBLIC SCHOOLS PURPOSE: FINANCIAL SUPPORT | $1,658 |
KNOXVILLE PUBLIC LIBRARY PURPOSE: BUILDING FUND | $106,667 |
CENTRAL COLLEGE PURPOSE: WORKSMART CONNECTOR & SAE | $15,000 |