funder logo

THE WEGE FOUNDATION

THE WEGE FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
38-6124363
Open for Solicitation
Private Foundation
Family Foundation
funder logo

THE WEGE FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
38-6124363
Open for Solicitation
Private Foundation
Family Foundation

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$268,100,296

Other Assets
49%
Investments
46%
Receivables (Non-Related)
2%
Cash & Equivalents
2%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$21,370,672

Grants Payable
95%
Payables & Accruals
5%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$8,496,981
$5,918,295
-30%
Receivables (Non-Related)
$75,323
$6,042,043
+7922%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$6,022
-
Investments
$124,961,610
$124,035,389
-1%
Property, Plant, & Equipment (net)
$368,310
$331,202
-10%
Other Assets
$142,044,323
$131,767,345
-7%
Total Assets
$275,946,547
$268,100,296
-3%
Liabilities
2023
2024
Change
Payables & Accruals
-
$1,159,489
-
Grants Payable
$22,126,992
$20,211,183
-9%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$22,126,992
$21,370,672
-3%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$253,819,555
+$246,729,624
-3%
Balance Sheet
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