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.
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
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
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 |
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.
Explore Open Grants
Browse active grant opportunities in David & Candace Weir Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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