Webber Family Foundation
- Assets
- $14.9m
- Revenue
- $9.0k
- Investments
- $13.9m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 74-2927126
Organization Overview
Webber Family Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Webber Family 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, Webber Family Foundation generated $9.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (44.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Webber Family Foundation has awarded 392 individual grants totaling $7,160,740. 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 |
|---|---|---|---|
Neil Webber Chairmn/trustee | 2 | $0 | |
Jessica Slade Ldershp Off/tte | 40 | $177,705 | |
Erica Webber Trustee | 2 | $0 | |
Ted Whatley Trustee | 2 | $0 | |
Steve Shook Trustee | 2 | $0 | |
Marisol Foster Executive Director | 30 | $79,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $214,425 |
| Dividends & Interest | $206,767 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$354,834 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$57,322 |
| Total Revenue | $9,036 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $177,705 |
| Other employee salaries and wages | $126,033 |
| Pension plans, employee benefits | $28,789 |
| Interest | $268 |
| Taxes | $13,014 |
| Depreciation | $731 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,094 |
| Printing and publications | $0 |
| Other expenses | $30,376 |
| Total operating and administrative expenses | $407,503 |
| Contributions, gifts, grants paid | $800,000 |
| Total expenses and disbursements | $1,207,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,025,282 |
| 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 | $2,166,279 |
| Net Land, buildings, and equipment | $122 |
| Other assets | $10,813 |
| Total assets | $14,911,392 |
| 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, Webber Family Foundation has awarded $800,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
HIGHER ACHIEVEMENT PROGRAM PURPOSE: STRENGTHEN THE OPPORTUNITIES FOR MIDDLE SCHOOL STUDENTS | $20,000 |
THE MONTGOMERY COLLEGE FD PURPOSE: EXPANSION AND SUPPORT OF MASTER CLASS PROGRAM AND EMERGENCY COLLEGE FUND | $50,000 |
BREAKTHROUGH CENTRAL TEXAS PURPOSE: SUPPORT STUDENT AND FAMILY SUPPORT FUND AND EXPAND HIGH SCHOOL/COLLEGE PROGRAMS | $62,500 |
AUSTIN CLASSICAL GUITAR SOC PURPOSE: PROMOTE CLASSICAL GUITAR PERFORMANCES AND EDUCATION | $45,000 |
MAINSPRING SCHOOLS PURPOSE: EARLY CHILDHOOD EDUCATION PROGRAMS | $40,000 |
CATALOGUE FOR PHILANTHROPY PURPOSE: EXPAND EVALUATION AND REPORTING SERVICES TO DONORS OF NONPROFIT ENTITIES | $20,000 |