Weissberg Foundation
- Assets
- $0.0
- Revenue
- $3.3m
- Investments
- $12.8m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 54-1475954
Organization Overview
Weissberg Foundation is located in Mclean, VA. The organization was established in 1990. 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. Weissberg 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, Weissberg Foundation generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Weissberg Foundation has awarded 753 individual grants totaling $29,070,903. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUITABLE JUSTICE CONVENING - SEPTEMBER 2019 - EXPENSES INCLUDE BRINGING IN A TRAINER/FACILITATOR AS WELL AS FOOD, EQUIPMENT, TRAVEL EXPENSES, AND SUPPLIES.
THEATER GRANTEE CONVENING - JULY 2019- EXPENSES INCLUDE EVALUATION CONSULTANT FROM HILLOMBO BROUGHT IN TO WORK WITH THE FOUNDATION AND THEATER GRANTEES ON EVALUATING THE DIVERSITY IN THEATER INITIATIVE, FOOD, EQUIPMENT, AND SUPPLIES.
THEATER GRANTEE CONVENING - MARCH 2019- EXPENSES INCLUDE FOOD, EQUIPMENT, AND SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Copeland Chair | 10 | $35,000 | |
Edward Jones Trustee | 2 | $6,250 | |
Rachel Martin Trustee | 2 | $6,500 | |
Courtney Morris Trustee | 2 | $2,500 | |
Wesley Weissberg Vice Chair | 3 | $0 | |
Nina V Weissberg Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $4,943 |
| Dividends & Interest | $178,722 |
| Profit on Inventory Sales | $0 |
| Other Income | $695,854 |
| Total Revenue | $3,278,289 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,000 |
| Pension plans, employee benefits | $33,964 |
| Depreciation | $0 |
| Occupancy | $51,140 |
| Travel, conferences, and meetings | $3,448 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $631,412 |
| Contributions, gifts, grants paid | $1,703,000 |
| Total expenses and disbursements | $2,334,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,757 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,475,077 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Weissberg Foundation has awarded $2,601,037 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
BELOIT COLLEGE PURPOSE: PROGRAM SUPPORT | $460,287 |
BLACK IN APPALACHIA PURPOSE: GENERAL OPERATING EXPENSES | $25,000 |
BLACK SWAN ACADEMY PURPOSE: GENERAL OPERATING EXPENSES | $38,500 |
BLACK SWAN ACADEMY PURPOSE: CAPACITY SUPPORT | $10,000 |
BREAD FOR THE CITY PURPOSE: GENERAL OPERATING EXPENSES | $38,500 |
BLACK SWAN ACADEMY PURPOSE: GENERAL OPERATING EXPENSES | $30,000 |