Weil-Mandel Charitable Foundation
- Assets
- $8.7m
- Revenue
- $678.5k
- Investments
- $8.4m
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- 12/2010
- Data as of
- 06/2023
- EIN
- 27-3562727
Organization Overview
Weil-Mandel Charitable Foundation is located in Owings Mills, MD. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Weil-Mandel Charitable 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 06/2023, Weil-Mandel Charitable Foundation generated $678.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $816.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Weil-Mandel Charitable Foundation has awarded 32 individual grants totaling $2,549,166. 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 |
|---|---|---|---|
Brenda Weil Mandel President | 5 | $0 | |
Louis Frock Secretary/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $181,680 |
| Interest on Savings | $0 |
| Dividends & Interest | $169,723 |
| Net Rental Income | -$51,951 |
| Net Gain on Sale of Assets | $321,094 |
| Capital Gain Net Income | $321,094 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $678,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,412 |
| Depreciation | $5,637 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,172 |
| Total operating and administrative expenses | $236,660 |
| Contributions, gifts, grants paid | $580,100 |
| Total expenses and disbursements | $816,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $179,475 |
| 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 | $167,334 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,964,732 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,327 |
| Total assets | $8,736,723 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $169,008 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $169,008 |
Grants Awarded
Over the last fiscal year, Weil-Mandel Charitable Foundation has awarded $580,100 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY OF YAD VASHEM PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $375,000 |
BAIS YAAKOV OF BALTIMORE PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $5,000 |
LIFEBRIDGE - SINAI HOSPITAL OF BALTIMORE PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $100,000 |
TALMUDICAL ACADEMY PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $100,000 |
KESSER TORAH OF BALTIMORE PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $100 |