Winston O Weaver Family Foundation Inc
- Assets
- $322.4k
- Revenue
- $11.3k
- Investments
- $235.0k
- Employees
- 0
- Location
- Harrisonburg, VA
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 54-1342706
Organization Overview
Winston O Weaver Family Foundation Inc is located in Harrisonburg, VA. The organization was established in 1986. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Winston O Weaver Family 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 12/2022, Winston O Weaver Family Foundation Inc generated $11.3k 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 (32.3%) each year. All expenses for the organization totaled $4.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (42.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Winston O Weaver Family Foundation Inc has awarded 68 individual grants totaling $347,092. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winston O Weaver Jr Dir. & V.P. | 0.1 | $0 | |
M Gregory Weaver Dir. & Treas. | 0.1 | $0 | |
M Steven Weaver Dir. & Secty. | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,077 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,218 |
| Capital Gain Net Income | $4,218 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $163 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,663 |
| Contributions, gifts, grants paid | $2,750 |
| Total expenses and disbursements | $4,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,410 |
| 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 | $322,367 |
| 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, Winston O Weaver Family Foundation Inc has awarded $2,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: CHARITABLE | $500 |
JDRF PURPOSE: CHARITABLE | $250 |
HARRISONBURG ROCKINGHAM CHILD DAY CARE CENTER PURPOSE: CHARITABLE | $2,000 |