Raelamar Weaver & Margaret Weaver

Private foundation · Grantmaker Louisville, KY EIN: 23-7058162

Raelamar Weaver & Margaret Weaver is a private foundation, based in Louisville, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $182K in total assets. Net investment income was $9K.

Raelamar Weaver & Margaret Weaver at a glance

Total assets
$181,520
+5.2% vs 2024
Revenue (2025)
$11,377
+24.4% vs 2024
Net investment income (2025)
$8,978
+32.5% vs 2024
Expenses (2025)
$2,399
-91.0% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Raelamar Weaver & Margaret Weaver funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Copperhill

How Raelamar Weaver & Margaret Weaver gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 245% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grant2021 1 grant2022 0 grants2023 1 grant2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $11K (2022) to $20K (2024). In 2024 it made 1 grant totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Copper Basin Rural Community Association Copperhill, TNScholarship Fund$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$181,520$11,377$2,399———$8,978$9,454
2024$172,542$9,142$26,702$20,0001$22,407$6,778$9,157
2023$190,102$8,238$2,274———$5,964$8,750
2022$184,138$11,847$17,226$11,0001$11,315$8,782$10,560
2021$189,517$8,762$23,322$20,0001—$4,862$10,282

Under IRS private-foundation payout rules, Raelamar Weaver & Margaret Weaver reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Raelamar Weaver & Margaret Weaver's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Frances Westley

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Meg Westley

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Neil Westley

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Raymond Weaver

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Raelamar Weaver & Margaret Weaver

How large is Raelamar Weaver & Margaret Weaver?

Raelamar Weaver & Margaret Weaver reported $182K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $11K.

Where does Raelamar Weaver & Margaret Weaver operate?

Raelamar Weaver & Margaret Weaver has awarded grants in Tennessee.

How much is Raelamar Weaver & Margaret Weaver required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Raelamar Weaver & Margaret Weaver reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Raelamar Weaver & Margaret Weaver's EIN?

Raelamar Weaver & Margaret Weaver's EIN (Employer Identification Number) is 23-7058162. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 25, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 18, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 18, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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Figures come from Raelamar Weaver & Margaret Weaver's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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