Frederick & Margaret Weyerhaeuser Foundation is located in St Paul, MN. The organization was established in 1964. 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. Frederick & Margaret Weyerhaeuser 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 12/2022, Frederick & Margaret Weyerhaeuser Foundation generated $243.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $429.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Frederick & Margaret Weyerhaeuser Foundation has awarded 59 individual grants totaling $826,300. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy W Stried President/director | 5 | $0 | |
Michael K Weyerhaeuser Vice Pres/treasurer/director | 1 | $0 | |
Daniel J Weyerhaeuser Vice Pres/secretary/director | 1 | $0 | |
Tom W Walsh Assistant Secretary/assistant Treasure | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $156,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,605 |
| Capital Gain Net Income | $76,758 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,815 |
| Total Revenue | $243,618 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,974 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $677 |
| Total operating and administrative expenses | $63,636 |
| Contributions, gifts, grants paid | $366,000 |
| Total expenses and disbursements | $429,636 |
| 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 | $1,058,763 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,506,201 |
| 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 |
Over the last fiscal year, Frederick & Margaret Weyerhaeuser Foundation has awarded $366,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS CRUSADE FOR CHRIST INTERNATIONAL PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BIGFORK ACES PURPOSE: ACES AFTER SCHOOL PROGRAM | $12,000 |
ABACO STRONG PURPOSE: HYPERBARIC CHAMBER PROJECT FOR ABACO | $61,000 |
CHILDREN'S HEALTH DEFENSE PURPOSE: CALIFORNIA CHAPTER | $30,000 |
CORNERSTONE COMMUNITY OUTREACH PURPOSE: GENERAL OPERATING SUPPORT | $4,000 |
FIRST POINT VOLLEYBALL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |