We3 Fund
- Assets
- $1.7m
- Revenue
- $179.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 61-6625806
Organization Overview
We3 Fund is located in Montgomery, AL. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. We3 Fund 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, We3 Fund generated $179.9k in total revenue. All expenses for the organization totaled $195.1k during the year ending 12/2022.
Since 2020, We3 Fund has awarded 66 individual grants totaling $419,506. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,308 |
| Dividends & Interest | $39,979 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,572 |
| Capital Gain Net Income | $121,572 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $179,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,588 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $863 |
| Total operating and administrative expenses | $29,553 |
| Contributions, gifts, grants paid | $165,502 |
| Total expenses and disbursements | $195,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,766 |
| 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 | $1,675,495 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,874 |
| Total assets | $1,724,135 |
| 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 | $80 |
| Total liabilities | $80 |
Grants Awarded
Over the last fiscal year, We3 Fund has awarded $165,502 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
21 DREAMS ART AND CULTURE INC PURPOSE: GENERAL FUND | $1,000 |
ALABAMA DANCE THEATRE PURPOSE: GENERAL FUND | $1,000 |
ALABAMA SHAKESPEARE FESTIVAL PURPOSE: GENERAL FUND | $55,000 |
ALABAMA WILDLIFE FEDERATION PURPOSE: GENERAL FUND | $1,000 |
BOYS AND GIRLS CLUB OF RIVER REGION PURPOSE: GENERAL FUND | $1,000 |
CAMP SUSNSHINE PURPOSE: GENERAL FUND | $5,000 |