David & Candace Weir Foundation
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.
Key facts about David & Candace Weir Foundation
- EIN
- 13-3797919
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,889,854
- Grants made (2024)
- 129
- Average grant
- $45,658
- Median grant
- $10,000
- New grantees (estimate)
- 22% first-time grantees (28 of 129, 2024)
- Total assets
- $67,986,952
- Primary geography
- New York (64% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited grant applications. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who David & Candace Weir Foundation funds
By grant dollars, the top recipient states for David & Candace Weir Foundation's 129 itemized 2024 grants were New York (64%), Rhode Island (16%) and District of Columbia (11%). The most frequent recipient cities were Albany, NY (26 grants), New York, NY (25 grants), Block Island, RI (7 grants) and Washington, DC (6 grants). 100% of grants with a stated purpose were for general or operating support.
Is David & Candace Weir Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 28 of 129 grantees (22%) were first-time recipients. First grants averaged $18K; repeat grants $53K. How we count
Medians: $10K first-time, $10K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 146% from 2021 to 2024. Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with David & Candace Weir Foundation
- How to evaluate David & Candace Weir Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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.
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
Grant Range
s:**
Average Grant
amounts vary by year
How to Apply
**
Ready to take the next step with David & Candace Weir Foundation?
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
Share of all 129 itemized 2024 grant dollars.
States
Cities
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)
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
651 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Adirondack Land Trust ($800,000), Nature Conservancy - Block Island ($800,000), National Trust For Historic Preservation ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Adirondack Land Trust Keene, NY | GENERAL CHARITABLE NEEDS | $800,000 |
| Nature Conservancy - Block Island Block Island, RI | GENERAL CHARITABLE NEEDS | $800,000 |
| National Trust For Historic Preservation Washington, DC | GENERAL CHARITABLE NEEDS | $500,000 |
| Vassar College Poughkeepsie, NY | GENERAL CHARITABLE NEEDS | $350,000 |
| WNET New York, NY | GENERAL CHARITABLE NEEDS | $350,000 |
| The Museum Of Modern Art New York, NY | GENERAL CHARITABLE NEEDS | $307,654 |
| WETA Arlington, VA | GENERAL CHARITABLE NEEDS | $250,000 |
| Breast Cancer Research Foundation New York, NY | GENERAL CHARITABLE NEEDS | $152,500 |
| The Metropolitan Museum Of Art New York, NY | GENERAL CHARITABLE NEEDS | $107,500 |
| Adirondack Chapter - Nature Conservancy Keene Valley, NY | GENERAL CHARITABLE NEEDS | $100,000 |
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
No officer or director reported compensation in the available filings.
From 2024 IRS 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?
The foundation does not accept unsolicited grant applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does David & Candace Weir Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.