Weaver Foundation Inc
Weaver Foundation Inc is a private foundation based in Greensboro, North Carolina, formed in 1967 as a private family foundation. Its stated mission is to help the Greater Greensboro community improve residents’ quality of life and economic environment while fostering philanthropy, civic education, and commitment among current and future generations of the founders’ family.
Weaver Foundation Inc at a glance
In short: Weaver Foundation Inc gave $1.0M across 14 grants in 2024 (avg $74K), mostly in North Carolina. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,036,800
- -25.5% vs 2023
- Grants made (2024)
- 14
- -41.7% vs 2023
- Average grant
- $74,057
- +27.7% vs 2023
- Median grant
- $22,550
- Total assets
- $30,157,471
- +2.7% vs 2023
- New grantees (estimate)
- 36% first-time grantees (5 of 14, 2024; small sample)
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Weaver Foundation Inc
- How to Apply
-
The foundation’s website currently says it is not accepting grant applications. Its guidelines say it does not accept uninvited applications but will accept letters of inquiry. The 2024 filing lists written submission materials including the applicant’s name and address, organizational structure, IRS ruling statement, and activity description. The filing states that awards are restricted to Greater Greensboro community improvement, environmental activities, educational development, and racial and religious tolerance.
- Review Cycle
- None listed on the 2024 filing.
- Deadline
- None listed on the 2024 filing.
- Contact
Application contact: Ginger Shields Fair Isle Advisors
Mailing address: 1101 Norwalk Street, Greensboro, NC 27407
Phone: (336) 482-2444
Website: https://weaverfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Weaver Foundation Inc
Who Weaver Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Habitat for Humanity ($500K). Together the top 10 received $1.0M.
Grant Size Distribution
192 grants across all recorded years
The most common grant size was under $50K: 170 grants of 192 (89%).
Geographic Focus
Where this funder awards grants
The foundation’s guidelines limit grants to organizations located in and serving the Greater Greensboro area. Its application criteria include organizations based outside Greensboro if they serve Greensboro residents through programs there, or if a large percentage of their clients are from the Greater Greensboro area. All 2024 grant dollars were reported for recipients in North Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
States
Cities
Is Weaver Foundation Inc open to new grantees?
36%
first-time grantees, 2024
In 2024, 5 of 14 grantees (36%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $172K; repeat grants $20K. How we count
Medians: $100K first-time, $18K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving fell 24% from 2021 to 2024. Method
- In 2024 it paid out 59% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.0M (2022) to $1.4M (2023). In 2024 it made 14 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Habitat for Humanity Greensboro, NC | Restricted Grant - Land Acquisition | $500,000 |
| Youth Villages Greensboro, NC | Greensboro Urban Growth Proposal | $250,000 |
| Youth Focus Greensboro, NC | 2025 expansion of hearth transitional living program & act together crisis care facility expansion | $100,000 |
| Ready for School Ready for Life Greensboro, NC | Annual Support | $40,000 |
| United Way Greensboro, NC | Support for Family Success Center | $35,000 |
| Guilford Education Alliance Jamestown, NC | Annual Support | $30,000 |
| Community Foundation of Greater Greensboro Greensboro, NC | Annual Support - Guilford Nonprofit Consortium Support | $27,600 |
| Wyndham Championship Greensboro, NC | Annual Support | $17,500 |
| North Carolina Folk & Heritage Festivals Greensboro, NC | Annual Support | $15,000 |
| Guilford County Department of Health & Human Services Greensboro, NC | Celebrate the Children | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $30,157,471 | $2,188,059 | $1,358,438 | $1,036,800 | 14 | $1,139,993 | $1,808,837 | $1,924,442 |
| 2023 | $29,366,788 | $1,026,188 | $1,859,973 | $1,391,800 | 24 | $1,660,131 | $654,350 | $1,730,012 |
| 2022 | $30,290,161 | $1,204,788 | $1,600,254 | $1,028,676 | 63 | $1,332,803 | $982,548 | $1,746,346 |
| 2021 | $30,406,218 | $3,650,390 | $1,884,872 | $1,356,092 | 46 | $1,659,793 | $2,865,480 | $1,901,418 |
| 2020 | $28,610,181 | $3,710,871 | $1,752,839 | $1,229,539 | 45 | — | $1,387,801 | $1,358,180 |
Under IRS private-foundation payout rules, Weaver Foundation Inc reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation identifies education, children and youth, environmental protection, poverty alleviation, equity and social justice, urban open spaces and public parks, and economic development as areas of interest. Its grant history also describes work to enhance community life and help the less fortunate.
Recent recipients illustrate the range of organizations funded. Habitat for Humanity describes itself as a locally run affiliate that partners with people in need to build affordable housing. Youth Villages says it helps children and families live successfully; Youth Focus describes its work as helping youth achieve safety, security, and success, including through supportive housing and counseling for vulnerable youth in Guilford County. Ready for School Ready for Life says it works to create a collaborative system of care supporting young children and families in Guilford County. Guilford Education Alliance says it galvanizes support for Guilford County Schools.
Grantmaking
In filing year 2024, the foundation reported 14 grants totaling $1,036,800. Grant amounts ranged from $1,500 to $500,000, with a median grant of $22,550. The largest awards included $500,000 to Habitat for Humanity for land acquisition, $250,000 to Youth Villages for a Greensboro urban growth proposal, and $100,000 to Youth Focus for expansion of its Hearth Transitional Living Program and Act Together Crisis Care Facility. Other reported awards included $40,000 to Ready for School Ready for Life, $35,000 to United Way, and $30,000 to Guilford Education Alliance.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists H. Michael Weaver as president and director, Katherine Weaver as vice president, and the following directors: M. Lee McAllister, Michelle Wilburn, Kristen Lowers, Hunter Hodges, Michele Shutter, Kevin Sasser, and Ashley Weaver Hodges. McAllister is listed as secretary/treasurer; Wilburn, Lowers, and Sasser are listed as assistant secretaries.
Weaver Foundation Inc is led by H. Michael Weaver, President & Director since 2024 (on filings since 2023); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
H. Michael Weaver
President & Director
President & Chair → President & Director, 2024
On filings since 2023
No compensation reported
Hunter Hodges
Director
Chair & Director → Secretary & Director, 2023
Secretary & Director → Director, 2024
On filings since 2020
No compensation reported
Kristen Lowers
Assistant Secretary & Director
Assistant Secretary → Assistant Secretary & Director, 2024
On filings since 2020
No compensation reported
M. Lee McAllister
Secretary, Treasurer & Director
Vice President → Secretary & Treasurer, 2023
Secretary & Treasurer → Secretary, Treasurer & Director, 2024
On filings since 2020
No compensation reported
Michelle Wilburn
Assistant Secretary & Director
Treasurer → Assistant Secretary, 2023
Assistant Secretary → Assistant Secretary & Director, 2024
On filings since 2020
No compensation reported
Michele Shutter
Director
Director → Vice Chair & Director, 2023
Vice Chair & Director → Director, 2024
On filings since 2022
No compensation reported
Kevin Sasser
Assistant Secretary & Director
Assistant Secretary → Assistant Secretary & Director, 2024
On filings since 2023
No compensation reported
Ashley Weaver Hodges
Director
New on the 2024 filing
No compensation reported
Katherine Weaver
Vice President
Vice Chair & Director → Vice President & Director, 2023
Vice President & Director → Vice President, 2024
On filings since 2020
No compensation reported
Former officers (4)
- Former: Kevin H. Gray (2020–2023) — President
- Former: James Smith (2020–2022) — Director
- Former: Maria Gonzalez (2020–2022) — Secretary & Director
- Former: Greg Shutter (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Weaver Foundation Inc
How much does Weaver Foundation Inc give each year?
Weaver Foundation Inc gave $1.0M across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 24 grants.
What is Weaver Foundation Inc's typical grant size?
Weaver Foundation Inc's median grant in 2024 was $22,550, and its average grant was $74,057, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Weaver Foundation Inc that year got $172K on average.
Where does Weaver Foundation Inc give grants?
Weaver Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Greensboro, NC (10 grants) and Raleigh, NC (2 grants).
Does Weaver Foundation Inc give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on Weaver Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Annual Support" (5 grants).
Who are Weaver Foundation Inc's largest grantees?
Weaver Foundation Inc's largest 2024 grantees include Habitat for Humanity ($500,000), Youth Villages ($250,000) and Youth Focus ($100,000), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.
How large is Weaver Foundation Inc?
Weaver Foundation Inc reported $30.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Weaver Foundation Inc fund?
The foundation identifies education, children and youth, environmental protection, poverty alleviation, equity and social justice, urban open spaces and public parks, and economic development as areas of interest. See mission & focus areas ↑
How do I apply for a grant from Weaver Foundation Inc?
The foundation’s website currently says it is not accepting grant applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Weaver Foundation Inc's EIN?
Weaver Foundation Inc's EIN (Employer Identification Number) is 56-6093527. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Weaver Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Weaver Foundation Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/weaver-foundation-inc-morg_8881762b1c594871855878531cec9740
BibTeX
@misc{grantable_566093527_2026,
author = {{Grantable}},
title = {{Weaver Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/weaver-foundation-inc-morg_8881762b1c594871855878531cec9740},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Weaver Foundation Inc'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.
Weaver Foundation Inc down — hundreds of funders to go?