Wej Foundation Inc
- Assets
- $4.2m
- Revenue
- $107.0k
- Investments
- $4.2m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 35-2123724
Organization Overview
Wej Foundation Inc is located in Indianapolis, IN. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Wej 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.
Since 2015, Wej Foundation Inc has awarded 44 individual grants totaling $1,746,395. 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 |
|---|---|---|---|
Wessley Jackson Director | 0 | $0 | |
Kyle Jackson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,321 |
| Dividends & Interest | $97,584 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,123 |
| Capital Gain Net Income | $7,975 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $97 |
| Taxes | $3,297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,061 |
| Total operating and administrative expenses | $22,455 |
| Contributions, gifts, grants paid | $268,620 |
| Total expenses and disbursements | $291,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $2,032 |
| Total assets | $4,179,653 |
| 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, Wej Foundation Inc has awarded $268,620 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CHRISTIAN FOUNDATION IN PURPOSE: RELIGIOUS | $242,870 |
CICOA FOUNDATION INC PURPOSE: HEALTH | $750 |
WRINKLE INNOVATIONS FROM CICOA PURPOSE: HEALTH | $25,000 |