Weigle Family Foundation
- Assets
- $430.8k
- Revenue
- $208.0k
- Investments
- $427.1k
- Employees
- 0
- Location
- Bettendorf, IA
- Founding
- 06/1991
- Data as of
- 12/2021
- EIN
- 36-3745791
Organization Overview
Weigle Family Foundation is located in Bettendorf, IA. The organization was established in 1991. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weigle Family 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 12/2021, Weigle Family Foundation generated $208.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $138.6k during the year ending 12/2021. While expenses have increased by 13.6% per year over the past 7 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 2016, Weigle Family Foundation has awarded 135 individual grants totaling $378,445. 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 |
|---|---|---|---|
Joan W Mcgee Director | 0 | $0 | |
Jonathan H Weigle Director | 0 | $0 | |
Benjamin J Weigle Director | 0 | $0 | |
David B Weigle Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $173,343 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,574 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,061 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $207,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $881 |
| Contributions, gifts, grants paid | $137,695 |
| Total expenses and disbursements | $138,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,712 |
| 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 | $0 |
| Total assets | $430,805 |
| 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, Weigle Family Foundation has awarded $137,695 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE EMANUEL PURPOSE: GENERAL | $75,225 |
UNITED WAY OF THE QC PURPOSE: GENERAL | $23,500 |
BIRDIES FOR CHARITY PURPOSE: GENERAL | $13,500 |
Lexington, VA PURPOSE: GENERAL | $6,000 |
DAP HEALTH PURPOSE: GENERAL | $5,000 |
Rock Island, IL PURPOSE: GENERAL | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Public Media Group St Paul, MN | $192,023,056 | $29,866,747 |
Milwaukee Youth Arts Center Inc Milwaukee, WI | $19,493,020 | $1,487,635 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Arts Midwest Minneapolis, MN | $13,049,827 | $7,597,060 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Richard J Stern Foundation For The Arts Kansas City, MO | $50,258,336 | $4,476,999 |
Arts Partnership Saint Paul, MN | $39,537,439 | $5,290,504 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |