The Weinig Foundation Inc
Overview
Mission
Private Independent Foundations
What it reported funding in 2024
The foundation reported 29 grants totaling $132,802. The stated grant purpose was general education and charitable purposes.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 92% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
Nonprofit profile at a glance
- EIN
- 133854362
- IRS 990-PF coverage
- 2012–2024
- Forms available
- Form 990-PF 2024
- Headquarters
- New York, NY, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Private Independent Foundations
The verdict
SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 70
- Cost Efficiency: 72
- Transparency: 100
- Compliance: 98
- Endowment Health: 34
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 70.5%; rating input score 70; 11th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 72.1%; rating input score 72; 34th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 13.4; rating input score 34; 34th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 70.5% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 34th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Filing history: 10 annual filings from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 29 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.