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Also known as: EDUCATIONAL TRUST INC
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Richard F Weaver And Janice Fweaver Educational Trust Inc. is a private corporation based in WOLCOTTVILLE, IN. The foundation received its IRS ruling in 2008. The principal officer is Richard F Weaver. It holds total assets of $3.2M. Annual income is reported at $739K. Total assets have grown from $13K in 2011 to $3.1M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Kentucky. According to available records, Richard F Weaver And Janice Fweaver Educational Trust Inc. has made 26 grants totaling $456K, with a median grant of $5K. Annual giving has grown from $114K in 2020 to $342K in 2022. Individual grants have ranged from $1K to $53K, with an average award of $18K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Kentucky and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$14K
Largest Grant
$50K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Richard F Weaver And Janice Fweaver Educational Trust Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in KY, IN.
Richard F Weaver And Janice Fweaver Educational Trust Inc. has distributed a total of $456K across 26 grants. The median grant size is $5K, with an average of $18K. Individual grants have ranged from $1K to $53K.
Richard F Weaver And Janice Fweaver Educational Trust Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard F Weaver And Janice Fweaver Educational Trust Inc. is headquartered in WOLCOTTVILLE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Virginia Waters | VICE PRESIDE | $0 | $0 | N/A |
| Laura Joyner | SECRETARY | $0 | $0 | N/A |
| Lynn Weaver | PRESIDENT/TR | $0 | $0 | N/A |
| Tricia Harris | DIRECTOR | $0 | $0 | N/A |
| Laura Weaver | DIRECTOR | $0 | $0 | N/A |
Total Giving
$180K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$153K
Contributions
N/A
Net Investment Income
$93K
Distribution Amount
$144K
Total: $3M
Total Grants
26
Total Giving
$456K
Average Grant
$18K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rotary FoundationDICK WEAVER SCHOLARSHIP | Murray, KY | $5K | 2020 |
| Saint Leos Catholic ChurchSTAINED GLASS WINDOWS & NEWMAN CENTE | Versailles, KY | $53K | 2022 |
| Western Kentucky Community FoundatiCOMMUNITY FUND | Paducah, KY | $50K | 2022 |
| Murray State UniversityRIFLE TEAM AND GOLF TEAM | Murray, KY | $22K | 2022 |
| Lagrange Community FoundationVETERANS MEMORIAL | Lagrange, IN | $5K | 2022 |
| Kentucky Wesleyan CollegeSCHOLARSHIP FUND | Owensboro, KY | $5K | 2022 |
| Murraycalloway HospitalCANCER HOSPITAL | Murray, KY | $3K | 2022 |
| Friendship Commmunity CemeteryCEMETERY MAINTENANCE | Owensboro, KY | $3K | 2022 |
| American Legion Post 73LEGION CHARITABLE | Murray, KY | $1K | 2022 |
| Murray State University Rifle TeamRENOVATION RIFLE RANGE | Murray, KY | $22K | 2020 |
| Murray Calloway Endowment For HealtMUSIC & MEMORY EXPANSION OF PROGRAM | Murray, KY | $6K | 2020 |
| Pleasant Hill Cemetery FundGARNETT BEATTY MEMORIAL | Fulton, KY | $5K | 2020 |