William M Weaver Foundation
- Assets
- $11.6m
- Revenue
- $693.7k
- Investments
- $9.4m
- Employees
- 0
- Location
- Sweetwater, TX
- Founding
- 06/2003
- Data as of
- 12/2020
- EIN
- 30-0140386
Organization Overview
William M Weaver Foundation is located in Sweetwater, TX. The organization was established in 2003. 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. William M Weaver 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 12/2020, William M Weaver Foundation generated $693.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $751.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William M Weaver Foundation has awarded 104 individual grants totaling $7,464,320. 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 |
|---|---|---|---|
Name Not Listed Trustee | 0 | $117,040 | |
Sandra Adams Admin Board | 0 | $0 | |
Elwood Freeman Admin Board | 0 | $0 | |
Neale Roy Admin Board | 0 | $0 | |
Scott Leonard Admin Board | 0 | $0 | |
Julie Todd Admin Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $138,200 |
| Dividends & Interest | $224,420 |
| Net Rental Income | $245,403 |
| Net Gain on Sale of Assets | $43,088 |
| Capital Gain Net Income | $38,368 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $686 |
| Total Revenue | $693,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,481 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,665 |
| Depreciation | $1,223 |
| Occupancy | $1,475 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,259 |
| Total operating and administrative expenses | $192,030 |
| Contributions, gifts, grants paid | $559,523 |
| Total expenses and disbursements | $751,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $681,112 |
| 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 | $943,171 |
| Net Land, buildings, and equipment | $1,418,863 |
| Other assets | $54,197 |
| Total assets | $11,597,080 |
| 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, William M Weaver Foundation has awarded $862,440 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LAMESA ISD PURPOSE: ATHLETIC STADIUM RENOVATION | $150,000 |
CITY OF LAMESA PURPOSE: TWO PATROL CARS | $135,240 |
CITY OF LAMESA PURPOSE: PATROL CAR, WATCHDOG SYSTEM | $91,788 |
CITY OF WELCH PURPOSE: UPGRADE WATER TOWER | $81,100 |
KLONDIKE ISD PURPOSE: BUILDING COMMUNICATIONS/SECURITY | $70,000 |
DAWSON COUNTY PURPOSE: MOTOROLA RADIO SYSTEM | $61,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |