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WEG FOUNDATION INC

MONSEY, NY · EIN 133439686 · Form 990PF · FY2024 · Small ($100K-$1M)
revenue
$101K
expenses
$8K
net assets
$771K
employees
profile · synthesized from sources

Private foundation based in New York that provides charitable grants to Jewish religious and educational organizations, primarily serving Orthodox communities. In recent years, it has funded institutions in Baltimore and Spring Valley, as well as small grants distributed through intermediary funds. The organization does not appear to conduct direct programming, instead focusing on financial support to other nonprofits.

named programs · 1 · from sources

What they call their work

Charitable Grantmaking
Distributes funds to Orthodox Jewish religious, educational, and social service institutions, primarily in the Northeastern United States
activities · 2 groups

What they do

  • Jewish Religious Institution Support 6 activities
    • Funding charitable activities of BAIS HAMEDRASH MESIVTA OF BALTIMORE
      Provides $8,000 in grant funding in 2023 to support the charitable activities of BAIS HAMEDRASH MESIVTA OF BALTIMORE.
    • Funding charitable activities of BAIS HAVAAD HALACHA CENTER
      Awards a $30,000 grant in 2024 to support the charitable activities of BAIS HAVAAD HALACHA CENTER.
    • Funding charitable activities of KUPAS EZRAH
      Provides financial support to KUPAS EZRAH for its charitable activities, including a $31,000 grant in 2024 and a $15,000 grant in 2023.
    • Funding charitable activities of MESAMCHE LEV
      Provides $2,000 in grant funding in 2023 to support the charitable activities of MESAMCHE LEV.
    • Funding charitable activities of TORAH INSTITUTE OF BALTIMORE
      Supports the charitable work of TORAH INSTITUTE OF BALTIMORE through grants totaling $9,000 in 2023 and $4,500 in 2022.
    • Funding charitable activities of YESHIVA OF SPRING VALLEY
      Provides $3,500 in grant funding in 2023 to support the charitable activities of YESHIVA OF SPRING VALLEY.
  • General Operating Support Grants 1 activity
    • Funding small charitable organizations (aggregated grants)
      Provides aggregated charitable grants to multiple small organizations, totaling $17,225 in 2024, $8,285 in 2023, and $13,154 in 2022.
financials · form 990PF · fy2024
revenue
Total revenue$101K
Contributions & grants$28K28%
Program service revenue
Investment income$12K12%
Other revenue$61K
expenses
Total expenses$8K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$78K
balance sheet
Total assets$771K
Cash
Investments
Liabilities
Net assets$771K
5 years on record · 2020–2024 · YoY revenue +13.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • JOSEPH LIEDER — Director
  • NOAH WEG — Director
  • RENEE WEG — Director
relationships · 7

Who they work with

  • BAIS HAMEDRASH MESIVTA OF BALTIMORE Partner — Receives charitable grants from WEG FOUNDATION INC
  • BAIS HAVAAD HALACHA CENTER Partner — Receives charitable grants from WEG FOUNDATION INC
  • BAIS YAAKOV OF BALTIMORE Partner — Receives charitable grants from WEG FOUNDATION INC
  • KUPAS EZRAH Partner — Receives charitable grants from WEG FOUNDATION INC
  • MESAMCHE LEV Partner — Receives charitable grants from WEG FOUNDATION INC
  • TORAH INSTITUTE OF BALTIMORE Partner — Receives charitable grants from WEG FOUNDATION INC
  • YESHIVA OF SPRING VALLEY Partner — Receives charitable grants from WEG FOUNDATION INC