Weg Foundation Inc is a private foundation focused on Education, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $771K in total assets. In 2024, it awarded 3 grants totaling $78K. Net investment income was $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$771K
+2.0% YoY
Annual Giving
$78K
+45.4% YoY
Grant Count
3
-57.1% YoY
Avg Grant Size
$26K
+239.4% YoY
Under IRS private-foundation payout rules, Weg Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Weg Foundation Inc
Based on IRS filings
Weg Foundation Inc is a private foundation focused on Education, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $771K in total assets. In 2024, it awarded 3 grants totaling $78K. Net investment income was $67K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $771,070 | $755,888 | $726,596 |
| Revenue | $101,199 | $89,364 | $29,807 |
| Expenses | $86,017 | $60,072 | $36,395 |
| Qualifying Distributions | $79,265 | $54,875 | $29,244 |
| Net Investment Income | $66,783 | $44,047 | $15,436 |
| Distributable Amount | $45,128 | $43,705 | $43,463 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kupas Ezrah ($31,000), Bais Havaad Halacha Center ($30,000), Various Less Than 5000 ($17,225).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS LESS THAN 5000 MONSEY, NY | CHARITABLE | $17,225 |
| KUPAS EZRAH MONSEY, NY | CHARITABLE | $31,000 |
| BAIS HAVAAD HALACHA CENTER LAKEWOOD, NJ | CHARITABLE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NOAH WEG | Director | — | — |
| RENEE WEG | Director | — | — |
| JOSEPH LIEDER | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Weg Foundation Inc?
Weg Foundation Inc is a private foundation focused on Education, based in MONSEY, NY. It holds $771K in total assets as of 2024.
How large is Weg Foundation Inc?
As of 2024, Weg Foundation Inc holds $771K in total assets with $101K in annual revenue. It awarded 3 grants totaling $78K in 2024.
Where does Weg Foundation Inc operate?
Weg Foundation Inc has awarded grants in Maryland, New Jersey, New York.
What size grants does Weg Foundation Inc award?
In 2024, Weg Foundation Inc awarded 3 grants totaling $78K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Weg Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Weg Foundation Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Weg Foundation Inc's EIN?
Weg Foundation Inc's EIN (Employer Identification Number) is 13-3439686. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Weg Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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