William W Weil Foundation Inc

Foundation · Grantmaker Leesburg, FL EIN: 59-3227671

William W Weil Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Leesburg, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 6 grants totaling $400K. Net investment income was $282K.

Key facts about William W Weil Foundation Inc

EIN: 59-3227671
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $400,000
Grants made (2024): 6
Average grant: $66,667
Median grant: $50,000
Total assets: $6,792,724
Primary geography: Indiana (100% of itemized 2024 grant dollars)

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

Who William W Weil Foundation Inc funds

By grant dollars, the top recipient states for William W Weil Foundation Inc's 6 itemized 2024 grants were Indiana (100%). The most frequent recipient cities were Greenfield, IN (6 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How William W Weil Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (+0%). Method
In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with William W Weil Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

-2.7% YoY

Annual Giving

$400K

+3.9% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$67K

+21.2% YoY

Under IRS private-foundation payout rules, William W Weil Foundation Inc reported a distributable amount of $529K for 2024 — the minimum it must pay out in qualifying distributions.

About William W Weil Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $400K (100%)

Share of all 6 itemized 2024 grant dollars.

States

Indiana

Cities

Greenfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,792,724	$6,982,573	$7,290,290
Revenue	$420,486	$770,939	$326,996
Expenses	$538,186	$509,293	$423,028
Qualifying Distributions	$534,925	$506,232	$419,967
Net Investment Income	$282,300	$647,138	$203,968
Distributable Amount	$529,226	$475,928	$483,142

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 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 2 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Hancock Community Foundation ($350,000 across 5 grants), Boys & Girls Club ($50,000).

Recipient	Purpose	Amount
HANCOCK COMMUNITY FOUNDATION Greenfield, IN	SCHOLARSHIPS	$150,000
HANCOCK COMMUNITY FOUNDATION Greenfield, IN	PASS THROUGH FUND	$50,000
BOYS & GIRLS CLUB Greenfield, IN	YOUTH PROGRAMS	$50,000
HANCOCK COMMUNITY FOUNDATION Greenfield, IN	DEVELOPMENT FUND	$50,000
HANCOCK COMMUNITY FOUNDATION Greenfield, IN	THE LANDING	$50,000
HANCOCK COMMUNITY FOUNDATION Greenfield, IN	ENDOWMENT	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
H John Feldman	Dir/Pres/Sec	—	$44,975
Karen B Hart	Dir/VP	—	$44,975
Thomas W McKean	Director	—	$44,975

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William W Weil Foundation Inc?

William W Weil Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Leesburg, FL. It holds $6.8M in total assets as of 2024.

How large is William W Weil Foundation Inc?

As of 2024, William W Weil Foundation Inc holds $6.8M in total assets with $420K in annual revenue. It awarded 6 grants totaling $400K in 2024.

Where does William W Weil Foundation Inc operate?

William W Weil Foundation Inc has awarded grants in Indiana.

What size grants does William W Weil Foundation Inc award?

In 2024, William W Weil Foundation Inc awarded 6 grants totaling $400K — an average of about $67K per grant, based on its IRS Form 990 filings.

How much is William W Weil Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William W Weil Foundation Inc reported a distributable amount of $529K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.