William M Weaver Foundation

Foundation · Grantmaker Sweetwater, TX EIN: 30-0140386

William M Weaver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sweetwater, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.9M in total assets. In 2024, it awarded 17 grants totaling $1.4M. Net investment income was $1.2M.

Key facts about William M Weaver Foundation

EIN: 30-0140386
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,444,521
Grants made (2024): 17
Average grant: $84,972
Median grant: $58,550
Total assets: $12,946,245
Primary geography: Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who William M Weaver Foundation funds

By grant dollars, the top recipient states for William M Weaver Foundation's 17 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Lamesa, TX (15 grants) and Welch, TX (2 grants). 6% of grants with a stated purpose were for general or operating support.

How William M Weaver Foundation gives

Giving grew 264% from 2021 to 2024. Method
In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Next steps with William M Weaver Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.9M

-2.0% YoY

Annual Giving

$1.4M

+43.0% YoY

Grant Count

+41.7% YoY

Avg Grant Size

$85K

+0.9% YoY

Under IRS private-foundation payout rules, William M Weaver Foundation reported a distributable amount of $922K for 2024 — the minimum it must pay out in qualifying distributions.

About William M Weaver Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $1.4M (100%)

Share of all 17 itemized 2024 grant dollars.

States

Texas

Cities

LamesaWelchAckerly

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,946,245	$13,213,264	$13,829,767
Revenue	$1,388,832	$588,126	$1,446,349
Expenses	$1,655,851	$1,204,629	$462,887
Qualifying Distributions	$871,834	$856,421	$804,063
Net Investment Income	$1,162,613	$384,523	$1,252,207
Distributable Amount	$922,318	$872,837	$855,964

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 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 9 recipients in 2024

Grant Size Distribution

46 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include City of Lamesa ($666,589 across 4 grants), Dawson County ($263,340 across 4 grants), Klondike Isd ($139,185 across 2 grants).

Recipient	Purpose	Amount
CITY OF LAMESA Lamesa, TX	PATROL CARS, SECURITY EQUIPMENT	$289,319
CITY OF LAMESA Lamesa, TX	FIRE TRUCK	$264,865
DAWSON COUNTY Lamesa, TX	SHERRIFF'S LAW ENFORCEMENT EQUIPMENT	$132,390
DAWSON IND SCHOOL DISTRICT Welch, TX	MINI-SPLIT A/C FOR CLASSROOMS	$114,400
KLONDIKE ISD Lamesa, TX	DOOR LOCK/SECURITY SYSTEM	$93,000
CITY OF WELCH Welch, TX	WATER SUPPLY RO SYSTEM	$78,914
LAMESA BOYS & GIRLS CLUB INC Lamesa, TX	HVAC, FLOORING	$78,531
CITY OF LAMESA Lamesa, TX	COMMUNITY THEATER	$78,155
DAWSON COUNTY Lamesa, TX	COMMUNITY BUILDING RESTROOMS	$58,550
DAWSON COUNTY Lamesa, TX	SHERRIF'S OFFICE	$47,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Sara Davis	Admin Board	—	—
Elwood Freeman	Admin Board	—	—
Neale Roy	Admin Board	—	—
Russell Cox	Admin Board	—	—
Reinhard McKinney	Admin Board	—	—
Bryan Nowlin	Secretary	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William M Weaver Foundation?

William M Weaver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sweetwater, TX. It holds $12.9M in total assets as of 2024.

How large is William M Weaver Foundation?

As of 2024, William M Weaver Foundation holds $12.9M in total assets with $1.4M in annual revenue. It awarded 17 grants totaling $1.4M in 2024.

Where does William M Weaver Foundation operate?

William M Weaver Foundation has awarded grants in Texas.

What size grants does William M Weaver Foundation award?

In 2024, William M Weaver Foundation awarded 17 grants totaling $1.4M — an average of about $85K per grant, based on its IRS Form 990 filings.

How much is William M Weaver Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William M Weaver Foundation reported a distributable amount of $922K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.