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Web Industries Foundation Inc. is a private corporation based in MARLBOROUGH, MA. The foundation received its IRS ruling in 2019. It holds total assets of $241K. Annual income is reported at $2K. Total assets have grown from $175K in 2019 to $245K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including Illinois, Massachusetts, New Hampshire. According to available records, Web Industries Foundation Inc. has made 24 grants totaling $179K, with a median grant of $2K. Annual giving has decreased from $122K in 2022 to $58K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $7K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New Hampshire, Massachusetts, Virginia, which account for 50% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$11K
Largest Grant
$35K
Based on 5 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.
Web Industries Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NH, MA, VA.
Web Industries Foundation Inc. has distributed a total of $179K across 24 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $500 to $25K.
Grants are made for program areas that include supplying food and water, health & medical services, and education, and enabling self-sufficiency.
Web Industries Foundation Inc. is headquartered in MARLBOROUGH, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thorsten Buerger | TREASURER | $0 | $0 | N/A |
| Amy Doherty | CLERK | $0 | $0 | N/A |
| John S Madej | PRESIDENT | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$245K
Fair Market Value
$245K
Net Worth
$245K
Grants Paid
$58K
Contributions
$63K
Net Investment Income
N/A
Distribution Amount
$13K
Total Grants
24
Total Giving
$179K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyCHARITABLE | Hagerstown, MD | $830 | 2023 |
| Help For HaitiCHARITABLE | Rye, NH | $25K | 2023 |
| Employee Ownership Expansion NetworkCHARITABLE | Arlington, VA | $15K | 2023 |
| United Way Of Tri CountyCHARITABLE | Framingham, MA | $11K | 2023 |
| Habitat For Humanity Metrowestgreater WorcesterCHARITABLE | Worcester, MA | $3K | 2023 |
| Montpelier Senior Activity CenterCHARITABLE | Montpelier, VT | $1K | 2023 |
| Special Olympics VermontCHARITABLE | South Burlington, VT | $1K | 2023 |
| Mizpah Shriners' Transportation FundCHARITABLE | Columbia City, IN | $1K | 2023 |
| Ownership America Education Fund IncCHARITABLE | Newburyport, MA | $25K | 2022 |
| Help For Haiti IncCHARITABLE | Rye, NH | $25K | 2022 |
| United Way Of Tri County IncCHARITABLE | Framingham, MA | $5K | 2022 |
| Greater Good Hope Ministries IncCHARITABLE | Fort Wayne, IN | $3K | 2022 |
| Homestead High SchoolCHARITABLE | Homestead, FL | $500 | 2022 |
| Vested Interest In K9s IncCHARITABLE | East Taunton, MA | $500 | 2022 |