Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Wei Family Foundation Inc. is a private corporation based in FORT MYERS, FL. The foundation received its IRS ruling in 2015. The principal officer is Beijing Yu. It holds total assets of $1.2M. Annual income is reported at $247K. Total assets have grown from $340K in 2014 to $1.2M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Florida, California and New York. According to available records, Wei Family Foundation Inc. has made 32 grants totaling $173K, with a median grant of $756.5. Annual giving has grown from $30K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $68K distributed across 16 grants. Individual grants have ranged from N/A to $44K, with an average award of $5K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Florida, New York, Illinois, which account for 47% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$282
Median Grant
$400
Average Grant
$4K
Largest Grant
$26K
Based on 7 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.
Wei Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in FL, NY, IL.
Wei Family Foundation Inc. has distributed a total of $173K across 32 grants. The median grant size is $756.5, with an average of $5K. Individual grants have ranged from N/A to $44K.
Wei Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wei Family Foundation Inc. is headquartered in FORT MYERS, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric X Wei | CEO | $0 | $0 | N/A |
| Beijing Yu | CFO | $0 | $0 | N/A |
| Alice Yu | Secretary | $0 | $0 | N/A |
Total Giving
$210K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$50K
Contributions
$510
Net Investment Income
$89K
Distribution Amount
$121K
Total: $16K
Total Grants
32
Total Giving
$173K
Average Grant
$5K
Median Grant
$756.5
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fort Myers High SchoolEducational | Fort Myers, FL | $400 | 2020 |
| Tianfo TempleCharitable | Haimen City | $44K | 2023 |
| Heights Elementary SchoolEducational | Fort Myers, FL | $5K | 2023 |
| Ji'Nan Shanghe County Rehabilitation Center For The HandicappedCharitable | Jinan | $1K | 2023 |
| First Assembly Of GodCharitable | Wauchula, FL | $150 | 2023 |
| Shandong Jiyan County Rehabilitation Center For The HandicappedCharitable | Jinan | $789 | 2022 |
| Trustee Of Tufts CollegeEducational | Boston, MA | $600 | 2022 |
| University Of ChicagoEducational | Chicago, IL | $600 | 2022 |
| FdacsCharitable | Tallahassee, FL | $200 | 2022 |
| ClpcCharitable | Fort Myers, FL | N/A | 2022 |
| Ji'Nan City Licheng District Gang Gou Town Rehabilitation Center For The DiCharitable | Jinan | $772 | 2021 |
| Cornell UniversityEducational | Ithaca, NY | $600 | 2021 |
| Yuqing TempleCharitable | Miaoli | $26K | 2020 |
| Hxny(Huaxia Ny Chinese School)Educational | Chappaqua, NY | $2K | 2020 |
| University Of FloridaEducational | Gainesville, FL | $2K | 2020 |
| Ji'Nan City Licheng District Gang Gou Town Rehabilitation CenterEducational | Jinan | $289 | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL