Lawrence Weissberg Foundation
- Assets
- $1.1m
- Revenue
- $36.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 02/1987
- Data as of
- 11/2023
- EIN
- 94-3025149
Organization Overview
Lawrence Weissberg Foundation is located in Monterey, CA. The organization was established in 1987. 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. Lawrence 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 11/2023, Lawrence Weissberg Foundation generated $36.5k 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 (24.5%) each year. All expenses for the organization totaled $62.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lawrence Weissberg Foundation has awarded 73 individual grants totaling $427,600. 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 |
|---|---|---|---|
Frederick Weissberg President/treasurer/sec. | 1 | $0 | |
William Weissberg Vice - President/cfo | 0.1 | $0 | |
Lou Haas Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,053 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,530 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $585 |
| Total operating and administrative expenses | $22,259 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $62,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,703 |
| 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 | $0 |
| Total assets | $1,104,206 |
| 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, Lawrence Weissberg Foundation has awarded $40,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FAMILY & CHILDREN'S SERVICES PURPOSE: GENERAL SUPPORT | $4,500 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL SUPPORT | $5,500 |
JEWISH COMMUNITY RELATIONS COUNCIL PURPOSE: GENERAL SUPPORT | $5,000 |
JEWISH COMMUNITY FEDERATION AND ENDOWMENT FUND PURPOSE: GENERAL SUPPORT | $14,000 |
INSTITUTE OF AGING PURPOSE: GENERAL SUPPORT | $2,000 |
J THE JEWISH NEWS PURPOSE: GENERAL SUPPORT | $8,000 |