Quick charity verification for Weill Family Foundation (EIN: 136223609)
Verdict: Weill Family Foundation appears trustworthy
85/100Mission Score
$256.5MRevenue
$390.2MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making efficiency analysis difficult.
Strengths
Strong and growing asset base, reaching $359,486,995 in 2023.
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
Minimal liabilities ($1 in recent years), suggesting sound financial management.
Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Spending Breakdown
How Weill Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Weill Family Foundation
Is Weill Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Weill Family Foundation (EIN: 136223609) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Weill Family Foundation a good charity to donate to?
Weill Family Foundation has a Mission Score of 85/100. Revenue: $256.5M. Assets: $390.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Weill Family Foundation?
The Employer Identification Number (EIN) for Weill Family Foundation is 136223609. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Weill Family Foundation spend its money?
Weill Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Weill Family Foundation's tax-exempt status?
You can verify Weill Family Foundation's tax-exempt status using EIN 136223609 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Weill Family Foundation demonstrates a strong financial position with substantial assets, reaching $359,486,995 in the latest 2023 filing. As a private foundation, its primary activity is grantmaking, which is reflected in its spending patterns. The foundation consistently reports zero officer compensation, indicating a volunteer or externally compensated leadership structure, which is a positive sign for donor confidence. However, the foundation's revenue has fluctuated significantly, from a high of $58,334,568 in 2021 to $4,817,852 in 2023, while expenses have sometimes exceeded revenue, such as in 2023 where expenses were $20,876,255 against $4,817,852 in revenue. This is typical for foundations that draw from their endowments for grantmaking. The consistent reporting of minimal liabilities ($1 in recent years) also points to sound financial management. The lack of specific program, administrative, or fundraising expense breakdowns in the provided data makes a detailed efficiency analysis challenging, but the overall financial health appears robust due to its significant asset base.