Weldon Foundation Inc
- Assets
- $8.6m
- Revenue
- $21.9k
- Investments
- $195.3k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 65-0715451
Organization Overview
Weldon Foundation Inc is located in Jacksonville, FL. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weldon 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 12/2021, Weldon Foundation Inc generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (65.6%) each year. All expenses for the organization totaled $216.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Weldon Foundation Inc has awarded 113 individual grants totaling $1,771,798. 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 |
|---|---|---|---|
Norman R Weldon Treasurer | 2 | $0 | |
Thomas D Weldon Vice-Pres | 1 | $0 | |
Cynthia M Weldon President | 5 | $0 | |
Carol J Weldon Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $71 |
| Dividends & Interest | $2,839 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,019 |
| Capital Gain Net Income | $19,019 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18 |
| Total operating and administrative expenses | $31,579 |
| Contributions, gifts, grants paid | $184,750 |
| Total expenses and disbursements | $216,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $639,103 |
| 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 | $50,000 |
| 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 | $7,733,066 |
| Total assets | $8,617,424 |
| 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, Weldon Foundation Inc has awarded $184,750 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
COALITION FOR THE HOMELESS PURPOSE: BUILDING FUND/GENERAL SUPPORT | $106,500 |
NEW VISION CONGREGATIONAL CHURCH PURPOSE: GENERAL SUPPORT/AFGHAN REFUGEES | $10,500 |
BLUE RIDGE SCHOOL INC PURPOSE: BARON FUND/RENOVATIONS | $10,500 |
NUS AMERICA FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
BARNABAS CENTER INC PURPOSE: GENERAL SUPPORT | $9,000 |
West Lafayette, IN PURPOSE: GENERAL SUPPORT | $7,500 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Camelot Community Care Inc Clearwater, FL | $22,153,468 | $83,026,188 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Community Partnership For Children Inc Daytona Beach, FL | $7,398,466 | $42,384,599 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Mid Florida Community Services Inc Brooksville, FL | $8,295,258 | $33,232,002 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Catholic Charities Of The Archdiocese Of Miami Inc Wilton Manors, FL | $36,927,794 | $28,326,480 |
Miccosukee Corporation Miami, FL | $15,325,636 | $27,086,119 |
Jefferson County Committee For Economic Opportunity Birmingham, AL | $11,300,936 | $24,764,139 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |