David & Candace Weir Foundation

Foundation · Grantmaker ALBANY, NY EIN: 13-3797919

The David and Candace Weir Foundation (also known as the Candace King Weir Foundation) is a private family foundation established in 1994 in Albany, New York. The foundation maintains substantial assets and operates as a discretionary grantmaker supporting charitable organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68.0M

-0.5% YoY

Annual Giving

$5.9M

+38.5% YoY

Grant Count

129

-9.2% YoY

Avg Grant Size

$46K

+52.5% YoY

Under IRS private-foundation payout rules, David & Candace Weir Foundation reported a distributable amount of $6.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse portfolio of charitable organizations across the following areas:

Education
Arts and Culture
Environment
Health
Religion
Human Services
Philanthropy and Voluntarism

Grantmaking

The foundation does not accept unsolicited grant applications. It operates on an invitation-only basis, with trustees proactively identifying and selecting organizations to support. The foundation does not accept unsolicited grant requests.

Grant Range

s:**

Average Grant

amounts vary by year

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

New York
Rhode Island
Massachusetts
District of Columbia

Grant Distribution by State

New York $4.9M (90%)

District of Columbia $244K (5%)

Rhode Island $194K (4%)

Massachusetts $57K (1%)

Vermont $33K (1%)

Iowa $5K (0%)

Illinois $2K (0%)

Florida $1K (0%)

+10 more states

States

Arizona California Connecticut District of Columbia Florida Iowa Illinois Indiana Kansas Massachusetts Minnesota New York Oklahoma Rhode Island Texas Utah Virginia Vermont

Cities

AlbanyArlingtonBeumontBlock IslandBlue Mountain LakeBooneBostonBrooklynBurlingtonCambridgeChicagoColchesterCooperstownEassexElizabethtownEssexGarrisonGlens FallsHudsonIthaca

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2023:

Total Assets: $68,322,944
Total Revenues: $16,690,010
Total Expenses: $4,389,009
Total Grants and Contributions: $9,590,046
Investment Income and Dividends: $196,226
Total Liabilities: $15,600

Year-over-Year Changes (2023 vs. 2022):

Total grants and contributions increased 122.9%
Investment income and dividends increased 61%

Staffing:

0 employees (foundation operations managed by trustees)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$67,986,952	$68,322,944	$56,021,943
Revenue	$6,061,702	$16,690,010	$8,622,836
Expenses	$6,397,694	$4,389,009	$3,746,631
Qualifying Distributions	$5,894,316	$4,257,472	$3,403,238
Net Investment Income	$14,298,264	$9,517,841	$5,271,471
Distributable Amount	$5,978,578	$4,573,876	$4,068,850

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Adirondack Land Trust ($800,000), Breast Cancer Research Foundation ($152,500), Adirondack Chapter - Nature Conservancy ($100,000).

Recipient	Purpose	Amount
Adirondack Chapter - Nature Conservancy KEENE VALLEY, NY	GENERAL CHARITABLE NEEDS	$100,000
Adirondack Council ELIZABETHTOWN, NY	GENERAL CHARITABLE NEEDS	$15,000
Adirondack Experience BLUE MOUNTAIN LAKE, NY	GENERAL CHARITABLE NEEDS	$5,000
Adirondack Foundation LAKE PLACID, NY	GENERAL CHARITABLE NEEDS	$25,000
Adirondack Land Trust KEENE, NY	GENERAL CHARITABLE NEEDS	$800,000
AdkAction KEESEVILLE, NY	GENERAL CHARITABLE NEEDS	$20,000
Albany Academies ALBANY, NY	GENERAL CHARITABLE NEEDS	$5,000
Albany County Historical Association ALBANY, NY	GENERAL CHARITABLE NEEDS	$10,000
ALBANY DIOCESAN CEMETERIES MENANDS, NY	GENERAL CHARITABLE NEEDS	$50,000
Albany Institute Of History & Art ALBANY, NY	GENERAL CHARITABLE NEEDS	$51,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by three trustees, all serving without compensation:

Candace K. Weir (President and Chief Investment Officer of Paradigm Capital Management, Inc.)
Meredith Prime
Amelia F. Weir

Candace King Weir founded Paradigm Capital Management, Inc. in Albany, NY in 1994 and has been a leader in institutional money management.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CANDACE K WEIR	TRUSTEE	1	—
MEREDITH PRIME	TRUSTEE	1	—
AMELIA F WEIR	TRUSTEE	1	—

Frequently Asked Questions

What does David & Candace Weir Foundation fund?

The foundation supports a diverse portfolio of charitable organizations across the following areas: • Education • Arts and Culture • Environment • Health • Religion • Human Services • Philanthropy and Voluntarism

How do I apply for a grant from David & Candace Weir Foundation?

**Grant Activity:** • Made 102 grants in 2023 • Made 142 grants in 2023 (per alternate source) • Total giving: approximately $4.2–$5.9 million annually **Grant Sizes:** • Grant range: $200 to $1,000,000 • Median grant: $5,000 • Average grant amounts vary by year **Recent Notable Grants (2023):** • Adirondack Land Trust: $800,000 • WNET: $260,000 • Vassar College: $250,000 **Application Process:** The foundation does not accept unsolicited grant applications. It operates on an invitation-only ba…

Where does David & Candace Weir Foundation make grants?

The foundation primarily funds organizations in: • New York • Rhode Island • Massachusetts • District of Columbia

What size grants does David & Candace Weir Foundation award?

In 2024, David & Candace Weir Foundation awarded 129 grants totaling $5.9M — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is David & Candace Weir Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Candace Weir Foundation reported a distributable amount of $6.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David & Candace Weir Foundation's EIN?

David & Candace Weir Foundation's EIN (Employer Identification Number) is 13-3797919. IRS Form 990 filing data is available on this page for 2020–2024.