Sociable Weaver Foundation Inc
- Assets
- $9.6m
- Revenue
- $2.1m
- Investments
- $9.6m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 05/2013
- Data as of
- 11/2021
- EIN
- 27-4432220
Organization Overview
Sociable Weaver Foundation Inc is located in Louisville, KY. The organization was established in 2013. 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. Sociable Weaver 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 11/2021, Sociable Weaver Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $3.1m during the year ending 11/2021. While expenses have increased by 27.3% per year over the past 6 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 2015, Sociable Weaver Foundation Inc has awarded 475 individual grants totaling $10,601,735. 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 |
|---|---|---|---|
Augusta Brown Holland Director/president | 0.5 | $0 | |
John Gill Holland Jr Director/secretary/treasurer | 0.5 | $0 | |
Owsley Brown III Director | 0.5 | $0 | |
Brooke Brown Barzun Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $650,920 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,434,872 |
| Capital Gain Net Income | $1,434,872 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,085,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,398 |
| Other expenses | $3,774 |
| Total operating and administrative expenses | $134,650 |
| Contributions, gifts, grants paid | $3,002,821 |
| Total expenses and disbursements | $3,137,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,303 |
| Savings and temporary cash investments | $10,854 |
| 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 | $8,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,637,019 |
| 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, Sociable Weaver Foundation Inc has awarded $3,002,821 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: MAPLE STREET PROJECT | $335,829 |
Louisville, KY PURPOSE: PARKS FOR ALL CAMPAIGN | $250,000 |
Louisville, KY PURPOSE: ANNUAL FUND | $250,000 |
Louisville, KY PURPOSE: SPORTS AND LEARNING COMPLEX | $250,000 |
WATERFRONT PARK PURPOSE: PARK EXPANSION CAPITAL CAMPAIGN | $202,243 |
Frankfort, KY PURPOSE: ANNUAL FUND | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |