Garry Weber Foundation
- Assets
- $49.2m
- Revenue
- $40.6m
- Investments
- $47.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- Data as of
- 12/2022
- EIN
- 87-4129346
Organization Overview
Garry Weber Foundation is located in Dallas, TX. 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. Garry Weber 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, Garry Weber Foundation generated $40.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 42.4% each year . All expenses for the organization totaled $11.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry A Weber President/treasurer | 1.5 | $0 | |
John Eric Gambrell Vice President | 1.5 | $0 | |
Anita Fought Secretary | 1.5 | $0 | |
Brad E Cheves Director | 1.5 | $0 | |
Daniel K Podolsky Director | 1.5 | $0 | |
Robert L Walker Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $565,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,565,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,608 |
| Total operating and administrative expenses | $63,673 |
| Contributions, gifts, grants paid | $11,100,000 |
| Total expenses and disbursements | $11,163,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $988,469 |
| 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 | $349,707 |
| Total assets | $49,239,200 |
| 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, Garry Weber Foundation has awarded $11,100,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN METHODIST UNIVERSITY PURPOSE: GARRY WEBER END ZONE COMPLEX | $10,000,000 |
UNIVERSITY OF TEXAS SOUTHWESTERN PURPOSE: UROLOGY P.A. POSTGRADUATE RESIDENCY | $100,000 |
THE NATIONAL MEDAL OF HONOR MUSEUM PURPOSE: CAMPAIGN TO CONSTRUCT NEW MUSEUM IN ARLINGTON | $1,000,000 |