Weil Family Foundation
- Assets
- $14.7m
- Revenue
- $576.4k
- Investments
- $12.5m
- Employees
- 0
- Location
- Rose Valley, PA
- Founding
- 12/1969
- Data as of
- 11/2023
- EIN
- 95-2379787
Organization Overview
Weil Family Foundation is located in Rose Valley, PA. The organization was established in 1969. 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. Weil 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 11/2023, Weil Family Foundation generated $576.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $96.4k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Weil Family Foundation has awarded 72 individual grants totaling $11,451,168. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEIL INSTITUTE VCU ALL GRANTS & DISTRIBUTIONS ARE MADE TO PUBLIC NON-PROFIT RESEARCH & CHARITABLE ORGANIZATIONS YO ENABLE THEM TO PERFORM RESEARCH & CHARITABLE FUNCTIONS
PLANNED PARENTHOOD FEDERATION ALL GRANTS & DISTRIBUTIONS ARE MADE TO PUBLIC NON-PROFIT RESEARCH & CHARITABLE ORGANIZATIONS YO ENABLE THEM TO PERFORM RESEARCH & CHARITABLE FUNCTIONS
SOCIETY OF CRITICAL CARE MEDICINE ALL GRANTS & DISTRIBUTIONS ARE MADE TO PUBLIC NON-PROFIT RESEARCH & CHARITABLE ORGANIZATIONS YO ENABLE THEM TO PERFORM RESEARCH & CHARITABLE FUNCTIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Adesman President | 0 | $0 | |
Nicole Adesman Secretary | 0 | $0 | |
David Medine Treasurer | 0 | $0 | |
Marissa Wenzel Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $113,387 |
| Dividends & Interest | $289,332 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $173,724 |
| Capital Gain Net Income | $173,724 |
| Net ST Capital Gain | $55,608 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $576,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66,691 |
| Total operating and administrative expenses | $71,441 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $96,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,179,893 |
| 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 | $14,725,336 |
| 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, Weil Family Foundation has awarded $8,484,168 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD CENTRAL KITCHEN PURPOSE: CHARITABLE | $5,000 |
SOCIETY OF CRITICAL CARE MEDICINE PURPOSE: CHARITABLE | $10,000 |
UNIVERSITY OF MICHIGAN PURPOSE: CHARITABLE | $6,000 |
UNIVERSITY OF MICHIGAN PURPOSE: CHARITABLE | $7,200,000 |
UNIVERSITY OF MICHIGAN PURPOSE: CHARITABLE | $1,253,168 |
HOPE FOR UKRAINE PURPOSE: CHARITABLE | $5,000 |