Nonprofit · EIN 56-6093527
WEAVER FOUNDATION INC
Tax-exempt · GREENSBORO, NC 27420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,188,059 | $1,358,438 | $829,621 | $30,157,471 | $82 | $30,157,389 |
| December 31, 2023 | 990-PF | $1,026,188 | $1,859,973 | -$833,785 | $29,366,788 | $43,868 | $29,322,920 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $153,000
- Dividends
- $706,535
- Interest
- $1,494
- Net gain from sales of assets
- $1,319,465
- Other income
- $7,565
Expenses
- Grants and similar amounts paid
- $1,034,300
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $2,004
- Disbursements for charitable purposes
- $1,139,993
- Excise tax on investment income
- $25,143
Balance sheet and other
- Total assets, start of year
- $29,366,788
- Total assets, end of year
- $30,157,471
- Total liabilities, end of year
- $82
- Net assets, end of year
- $30,157,389
- Fair market value of assets
- $40,353,886
- Qualifying distributions
- $1,139,993
- Net investment income
- $2,016,183
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M LEE MCALLISTER PO BOX 26040, GREENSBORO, NC 27420 | SECRETARY/TREASURER AND DIRECTOR | 0 | $0 |
| MICHELLE WILBURN PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY AND DIRECTOR | 0 | $0 |
| KRISTEN LOWERS PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY AND DIRECTOR | 0 | $0 |
| KATHERINE WEAVER PO BOX 26040, GREENSBORO, NC 27420 | VICE PRESIDENT | 0 | $0 |
| HUNTER HODGES PO BOX 26040, GREENSBORO, NC 27420 | DIRECTOR | 0 | $0 |
| MICHELE SHUTTER PO BOX 26040, GREENSBORO, NC 27420 | DIRECTOR | 0 | $0 |
| KEVIN SASSER PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY AND DIRECTOR | 0 | $0 |
| H MICHAEL WEAVER PO BOX 26040, GREENSBORO, NC 27420 | PRESIDENT AND DIRECTOR | 0 | $0 |
| ASHLEY WEAVER HODGES PO BOX 26040, GREENSBORO, NC 27420 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN H GRAY PO BOX 26040, GREENSBORO, NC 27420 | PRESIDENT (FORMER) | 40 | $104,135 |
| M LEE MCALLISTER PO BOX 26040, GREENSBORO, NC 27420 | SECRETARY/TREASURER | 0 | $0 |
| MICHELLE WILBURN PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY | 0 | $0 |
| KRISTEN LOWERS PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY | 0 | $0 |
| KATHERINE WEAVER PO BOX 26040, GREENSBORO, NC 27420 | VICE PRESIDENT AND DIRECTOR | 0 | $0 |
| HUNTER HODGES PO BOX 26040, GREENSBORO, NC 27420 | SECRETARY AND DIRECTOR | 0 | $0 |
| MICHELE SHUTTER PO BOX 26040, GREENSBORO, NC 27420 | VICE CHAIR AND DIRECTOR | 0 | $0 |
| KEVIN SASSER PO BOX 26040, GREENSBORO, NC 27420 | ASSISTANT SECRETARY | 0 | $0 |
| H MICHAEL WEAVER PO BOX 26040, GREENSBORO, NC 27420 | PRESIDENT AND CHAIR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 26040, GREENSBORO, NC 27420-6040
- Signed the 990-PF
- M LEE MCALLISTER, SECRETARY/TREASURER
- Phone
- (336) 378-7910
- Website
- WWW.WEAVERFOUNDATION.COM
- Return prepared by
- FAIR ISLE ADVISORS
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-6093527
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $30,157,471
- Income (IRS master file)
- $9,182,243
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,188,059 | $1,358,438 | $30,157,471 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,026,188 | $1,859,973 | $29,366,788 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-6093527).
Questions about WEAVER FOUNDATION INC
- What is the EIN of WEAVER FOUNDATION INC?
- The employer identification number (EIN) of WEAVER FOUNDATION INC is 56-6093527.
- Is WEAVER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to WEAVER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WEAVER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WEAVER FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEAVER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WEAVER FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does WEAVER FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,188,059, expenses of $1,358,438 and total assets of $30,157,471 at year end.
Other nonprofits in GREENSBORO
- SMITH RICHARDSON FOUNDATION INC EIN 56-0611550 · last filed 990-PF for 2024
- WELL-SPRING FOUNDATION EIN 56-2217797 · last filed 990 for 2025
- COMMUNITY FOUNDATION OF GREATER GREENSBORO INC EIN 56-1380249 · last filed 990 for 2024
- JEWISH FOUNDATION OF GREENSBORO EIN 37-2007864 · last filed 990 for 2025
- UNITED WAY OF GREATER GREENSBORO INC EIN 56-0668555 · last filed 990 for 2025
- WELL-SPRING SERVICES INC EIN 90-0885759 · last filed 990 for 2024
- BERRY CHARITABLE FOUNDATION EIN 30-6282543 · last filed 990-PF for 2024
- EDWARD M ARMFIELD SR FOUNDATION INC EIN 56-2156876 · last filed 990-PF for 2024
All nonprofits in GREENSBORO · North Carolina · Philanthropy, voluntarism and grantmaking foundations