Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
WEAVER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 26040
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENSBORO, NC274206040
A Employer identification number

56-6093527
B Telephone number (see instructions)

(336) 378-7910
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$40,697,313J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 544,720
2 Check bullet.............
3 Interest on savings and temporary cash investments 664 664  
4 Dividends and interest from securities... 629,562 601,051  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,462,452
b Gross sales price for all assets on line 6a 7,690,996
7 Capital gain net income (from Part IV, line 2)... 2,462,452
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 12,992 868  
12 Total. Add lines 1 through 11........ 3,650,390 3,065,035  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 95,000 2,375   92,625
14 Other employee salaries and wages...... 74,874 0   74,874
15 Pension plans, employee benefits....... 48,559 679   47,880
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 18,820 0   18,820
c Other professional fees (attach schedule).... Click to see attachment 185,671 185,336   335
17 Interest............... 1,095 275   820
18 Taxes (attach schedule) (see instructions)... Click to see attachment 47,488 10,890   11,097
19 Depreciation (attach schedule) and depletion... 23 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,444 0   3,444
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 53,806 0   53,806
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 528,780 199,555   303,701
25 Contributions, gifts, grants paid....... 1,356,092 1,356,092
26 Total expenses and disbursements. Add lines 24 and 25 1,884,872 199,555   1,659,793
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,765,518
b Net investment income (if negative, enter -0-) 2,865,480
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 470,432 285,092 285,092
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet10,000
Less: allowance for doubtful accounts bullet0 10,000 10,000 10,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,711,521 Click to see attachment28,692,921 36,202,221
14 Land, buildings, and equipment: basis bullet1,554,566
Less: accumulated depreciation (attach schedule) bullet136,361 1,418,228 1,418,205 4,200,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,610,181 30,406,218 40,697,313
Liabilities 17 Accounts payable and accrued expenses.......... 4,000  
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment63,405 Click to see attachment67,271
23 Total liabilities (add lines 17 through 22)......... 67,405 67,271
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 10,053,850 10,053,850
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 18,488,926 20,285,097
29 Total net assets or fund balances (see instructions)..... 28,542,776 30,338,947
30 Total liabilities and net assets/fund balances (see instructions). 28,610,181 30,406,218
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
28,542,776
2
Enter amount from Part I, line 27a .....................
2
1,765,518
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
30,653
4
Add lines 1, 2, and 3 ..........................
4
30,338,947
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,338,947
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b K-1: FSP MOM LLC II SERIES OFIX - OPPORTUNISTIC FIXED INCOME P    
c MORGAN CREEK PARTNERS I, LP K-1 P    
d MORGAN CREEK PARTNERS II, LP K-1 P    
e MORGAN CREEK PARTNERS III, LP K-1 P    
MORGAN CREEK PARTNERS IV, LP K-1 P    
RAPTOR GLOBAL P    
PUBLICLY TRADED SECURITIES      
PUBLICLY TRADED SECURITIES      
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,146,807   1,870,537 276,270
b       22,040
c       69,774
d       69,408
e       411
      331,061
      -13,208
5,259,427   4,164,266 1,095,161
      326,773
284,762     284,762
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       276,270
b       22,040
c       69,774
d       69,408
e       411
      331,061
      -13,208
      1,095,161
      326,773
      284,762
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,462,452
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 39,830
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 39,830
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 35,858
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 53,858
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 86
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,942
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet13,942 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.WEAVERFOUNDATION.COM
    14
    The books are in care ofbulletKEVIN GRAY Telephone no.bullet (336) 275-9600

    Located atbullet324 W WENDOVER AVENUE 300GREENSBORONC ZIP+4bullet27408
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KEVIN H GRAY PRESIDENT
    40.00     		95,000 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    M LEE MCALLISTER VICE PRESIDENT AND DIRECTOR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    MICHELLE WILBURN TREASURER
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    KRISTEN LOWERS ASSISTANT SECRETARY
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    KATHERINE WEAVER CHAIR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    HUNTER HODGES SECRETARY AND DIRECTOR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    GREG SHUTTER DIRECTOR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    JAMES SMITH VICE CHAIR AND DIRECTOR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    MARIA GONZALEZ DIRECTOR
    0.00     		0 0 0
    PO BOX 26040
    GREENSBORO,NC27420
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    34,950,439
    b
    Average of monthly cash balances.......................
    1b
    313,195
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,200,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,463,634
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    39,463,634
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    591,955
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    38,871,679
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,943,584
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,943,584
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    39,830
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    2,336
    c
    Add lines 2a and 2b............................
    2c
    42,166
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,901,418
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,901,418
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,901,418
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,901,418
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018...... 30,813
    d From 2019...... 444,669
    e From 2020...... 158,315
    f Total of lines 3a through e ........ 633,797
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,659,793
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,659,793
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 241,625 241,625
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 392,172
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		392,172
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 233,857
    d Excess from 2020.... 158,315
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KEVIN H GRAY WEAVER FOUNDATION INC
    PO BOX 26040
    GREENSBORO,NC274206040
    (336) 378-7910
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING, NAME & ADDRESS, ORG. STRUCTURE, IRS RULING STMT., ACT. DESCRIPT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GREATER GREENSBORO AREA - COMMUNITY IMPROVEMENT, ENVIRONMENTAL ACTIVITIES EDUCATIONAL DEVELOPMENT AND RACIAL AND RELIGIOUS TOLERANCE.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ANIMAL RESCUE AND FOSTER PROGRAM
    711 MILNER DRIVE
    GREENSBORO,NC27410     		NONE PC ANNUAL SUPPORT 500
    BACK PACK BEGINNINGS
    3707-D ALLIANCE DRIVE
    GREENSBORO,NC27407     		NONE PC BACKPACK BEGINNINGS' FOOD PANTRY PROGRAM EXPANSION 4,000
    CASA AZUL OF GREENSBORO
    200 N DAVIE ST SUITE 321A
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT FOR PROMOTING LATINO ART & CULTURE; DIA DE LOS MUERTOS SUPPORT 1,675
    CENTER FOR COMMUNITY SELF-HELP
    301 W MAIN ST
    DURHAM,NC27701     		NONE PC BUFFALO CREEK RESTORATION 10,000
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401     		NONE PC SAY YES TO EDUCATION 22,500
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401     		NONE PC GUILFORD NONPROFIT CONSORTIUM SUPPORT 15,000
    CORNERSTONE CHARTER ACADEMY PTO
    7800 AIRPORT CENTER DR
    GREENSBORO,NC27409     		NONE PC ANNUAL SUPPORT 100
    CRESCENT ROTARY CLUB FOUNDATION INC
    PO BOX 38684
    GREENSBORO,NC27438     		NONE PC STEP-UP GREENSBORO COLLABORATION 2,700
    FAMILY SERVICE OF THE PIEDMONT
    902 BONNER DR
    JAMESTOWN,NC27282     		NONE PC GREENSBORO CHILDREN'S ADVOCACY CENTER 5,000
    FAMILY SUPPORT NETWORK CENTRAL CAROLINAS
    801 GREEN VALLEY RD
    GREENSBORO,NC27408     		NONE PC SUPPORT LITERACY PROJECTS 2,500
    FREE INDEED COMMUNITY DEVELOPMENT CORPORATION
    PO BOX 14192
    GREENSBORO,NC27415     		NONE PC FOOD PANTRY - CLIENT CHOICE 1,000
    GREATER HIGH POINT FOOD ALLIANCE
    815 PHILLIPS AVE
    HIGH POINT,NC27262     		NONE PC ANNUAL SUPPORT 100
    GREENSBORO MAYERS COUNCIL FOR PERSONS WITH DISABILITIES
    300 WEST WASHINGTON STREET
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 3,000
    GREENSBORO URBAN MINISTRY
    305 W LEE ST
    GREENSBORO,NC27406     		NONE PC ANNUAL SUPPORT & FOOD PANTRY 3,250
    GUILFORD COLLEGE
    5800 WEST FRIENDLY AVENUE
    GREENSBORO,NC27410     		NONE PC FORWARD GUILFORD CAMPAIGN 100,000
    GUILFORD COUNTY GOVERNMENT ADMINISTRATION
    301 WEST MARKET STREET
    GREENSBORO,NC27401     		NONE PC CAMP HOPE SUPPORT 10,000
    GUILFORD COUNTY PUBLIC SCHOOLS
    712 N EUGENE ST
    GREENSBORO,NC27401     		NONE PC HUNTER ELEMENTARY FOOD PLAN SPRING 2020 5,000
    GUILFORD EDUCATION ALLIANCE
    902 BONNER DR
    JAMESTOWN,NC27282     		NONE PC GENERAL OPERATING SUPPORT & FOOD PROJECT COORDINATION 31,500
    GUILFORD TECHNICAL COMMUNITY COLLEGE FOUNDATION
    601 E MAIN STREET
    JAMESTOWN,NC27282     		NONE PC PRESIDENT'S SOCEITY 1,000
    HIRSCH WELLNESS NETWORK
    1250 REVOLUTION MILL DR 130
    GREENSBORO,NC27405     		NONE PC ANNUAL SUPPORT 5,185
    HORSEPOWER THERAPEUTIC LEARNING CENTER
    85001 LEABOURNE ROAD
    COLFAX,NC27235     		NONE PC CAPITAL CAMPAIGN 2,000
    INNER GROUND INC
    2715-D GRANDVIEW AVE 172
    GREENSBORO,NC27408     		NONE PC ANNUAL SUPPORT 1,000
    KINSLEY ME AND COMPANY
    2700 COTTAGE PLACE APT 244
    GREENSBORO,NC27455     		NONE PC KINSLEY KARES 500
    MUSTARD SEED COMMUNITY HEALTH
    238 SOUTH ENGLISH STREET
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 250
    NATIONAL CONFERENCE FOR COMMUNITY AND JUSTICE
    713 N GREENE STREET
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 203
    NC A&T STATE UNIVERSITY
    1601 E MARKET STREET
    GREENSBORO,NC27411     		NONE PC ENDOWMENT IN INTERNATIONAL PROGRAMS 500,000
    NEIGHBORHOOD MARKETS INCORPORATED
    712 SOUTH ELAM AVE
    GREENSBORO,NC27403     		NONE PC GREEN4GREENS - SNAP DOUBLING 5,000
    NEW ARRIVALS INSTITUTE
    2714 WEST MARKET STREET
    GREENSBORO,NC27403     		NONE PC ANNUAL SUPPORT 500
    NORTH CAROLINA AFRICAN SERVICES COALITION
    122 N ELM ST SUITE 1010
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 2,000
    NORTH CAROLINA CENTER FOR NONPROFITS
    1110 NAVAHO DRIVE SUITE 200
    RALEIGH,NC27609     		NONE PC SUSTAINER SUPPORT 2,500
    NORTH CAROLINA FOLK & HERITAGE FESTIVALS
    200 N DAVIE ST SUITE 401
    GREENSBORO,NC27401     		NONE PC FOLK FESTIVAL SUPPORT 10,129
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    4403 ZOO PARKWAY
    ASHEBORO,NC27205     		NONE PC ANNUAL SUPPORT 5,000
    ONE STEP FURTHER
    623 EUGENE COURT
    GREENSBORO,NC27401     		NONE PC PANTRY EQUIPMENT, COMMERCIAL FREEZERS AND REFRIGERATORS 40,000
    PIEDMONT TRIAD CHARITABLE FOUNDATION (DBA WYNDHAM CHAMPIONSHIP)
    416 GALLIMORE DAIRY RD STE M
    GREENSBORO,NC27409     		NONE PC 2021 WYNDAM CHAMPIONSHIP TOURNAMENT SUPPORT 15,000
    POSITIVE DIRECTION FOR YOUTH AND FAMILIES
    2207 E CONE BLVD
    GREENSBORO,NC27405     		NONE PC POSITIVE DIRECTION FOR YOUTH AND FAMILIES, COMMUNITY GARDEN PROJECT 30,000
    READY FOR SCHOOL READY FOR LIFE
    1416 YANCEYVILLE STREET SUITE A
    GREENSBORO,NC27405     		NONE PC 2021 SUPPORT FOR READY FOR SCHOOL READY FOR LIFE 35,500
    ROOM AT THE INN
    734 PARK AVE
    GREENSBORO,NC27405     		NONE PC ANNUAL SUPPORT 1,000
    SANCTUARY HOUSE
    518 N ELM ST
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 51,000
    SECOND CHANCE MINISTRIES OF GARNER
    100 SLEEPER CAR LN
    GARNER,NC27529     		NONE PC ANNUAL SUPPORT 2,500
    SECOND HARVEST FOOD BANK OF NORTHWEST NC
    3655 REED STREET
    WINSTONSALEM,NC27107     		NONE PC ANNUAL SUPPORT 500
    THE ARC OF GREENSBORO
    14-B OAK BRANCH DRIVE
    GREENSBORO,NC27407     		NONE PC SUPPORTING EMPLOYMENT; HELPING BUSINESSES BLOOM 3,250
    THE SPARROW'S NEST
    122 N ELM ST SUITE 811
    GREENSBORO,NC27401     		NONE PC ANNUAL SUPPORT 12,500
    UNITED WAY
    1500 YANCEYVILLE ST
    GREENSBORO,NC27405     		NONE PC SUPPORT FOR FAMILY SUCCESS CENTER 35,000
    YMCA OF GREENSBORO
    620 GREEN VALLEY RD STE 210
    GREENSBORO,NC27408     		NONE PC CAMP WEAVER CAPITAL CAMPAIGN GIFT 375,000
    YMCA OF GREENSBORO
    620 GREEN VALLEY RD STE 210
    GREENSBORO,NC27408     		NONE PC ANNUAL SUPPORT 750
    YOUNG LIFE GREENSBORO
    4713 KINGSWOOD DRIVE
    GREENSBORO,NC27410     		NONE PC TO SUPPORT YOUNG LIFE WITH PROGRAMS DESIGNED TO REACH OUT TO CHILDREN IN THEIR ADOLESCENT YEARS IN ORDER TO ESTABLISH LASTING RELATIONSHIPS OF TRUST. 1,000
    Total .................................bullet 3a 1,356,092
    bApproved for future payment
    COMMUNITY FOUNDATION OF GREATER GREENSBORO
    300 S GREENE ST 100
    GREENSBORO,NC27401     		NONE PC GUILFORD NONPROFIT CONSORTIUM SUPPORT 22,500
    GUILFORD EDUCATION ALLIANCE
    902 BONNER DR
    JAMESTOWN,NC27282     		NONE PC 2022 ANNUAL SUPPORT 30,000
    NORTH CAROLINA CENTER FOR NONPROFITS
    1110 NAVAHO DRIVE SUITE 200
    RALEIGH,NC27609     		NONE PC 2022 SUSTAINER SUPPORT 2,500
    NORTH CAROLINA FOLK & HERITAGE FESTIVALS
    200 N DAVIE ST SUITE 401
    GREENSBORO,NC27401     		NONE PC 2022 ANNUAL SUPPORT 10,000
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    4403 ZOO PARKWAY
    ASHEBORO,NC94612     		NONE PC 2022 ANNUAL SUPPORT 5,000
    PIEDMONT TRIAD CHARITABLE FOUNDATION (DBA WYNDHAM CHAMPIONSHIP)
    416 GALLIMORE DAIRY RD STE M
    GREENSBORO,NC27409     		NONE PC 2022 ANNUAL SUPPORT FOR WYNDAM CHAMPIONSHIP 12,500
    READY FOR SCHOOL READY FOR LIFE
    1416 YANCEYVILLE STREET SUITE A
    GREENSBORO,NC27405     		NONE PC 2022 ANNUAL SUPPORT 35,000
    SECOND HARVEST FOOD BANK OF NORTHWEST NC
    3655 REED STREET
    WINSTONSALEM,NC27107     		NONE PC GREENSBORO CAMPAIGN SUPPORT 210,000
    UNITED WAY
    1500 YANCEYVILLE ST
    GREENSBORO,NC27405     		NONE PC 2022 SUPPORT FOR FAMILY SUCCESS CENTER 35,000
    Total .................................bullet 3b 362,500
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 664  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,462,452  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 3,105,670 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,105,670
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    WEAVER FOUNDATION INC
     
    Employer identification number

    56-6093527
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    WEAVER FOUNDATION INC
          		Employer identification number
    56-6093527
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    H MICHAEL WEAVER
     
    PO BOX 26040
     
    GREENSBORO, NC27420

    		$ 194,720


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    KATHERINE S WEAVER
     
    PO BOX 26040
     
    GREENSBORO, NC27420

    		$ 350,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    WEAVER FOUNDATION INC
          		Employer identification number

    56-6093527
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    WEAVER FOUNDATION INC
          		Employer identification number

    56-6093527
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 18,820 0   18,820

    TY 2021 InvestmentsOtherSchedule2
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EQUITIES & MUTUAL FUNDS AT COST 27,073,822 33,637,470
    DIRECT PARTNERSHIP INVESTMENTS AT COST 1,619,099 2,564,751

    TY 2021 OtherExpensesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 2,110 0   2,110
    DIRECT CHARITABLE EXPENSES 38,862 0   38,862
    WEBSITE SUPPORT 425 0   425
    DUES & SUBSCRIPTIONS 4,216 0   4,216
    MAINTENANCE & REPAIRS 2,035 0   2,035
    PROFESSIONAL DEVELOPMENT 6,150 0   6,150
    MISCELLANEOUS 8 0   8


    TY 2021 OtherIncomeSchedule2
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET UBTI TAXABLE ON FORM 990-T 0 -12,124 0
    MISC INCOME 45 45 45
    K-1: IMAF 279 279 279
    MORGAN CREEK PARTNERS IV, LP K-1 6,412 6,412 6,412
    MORGAN CREEK PARTNERS III, LP K-1 -1,347 -1,347 -1,347
    MORGAN CREEK PARTNERS II, LP K-1 7,349 7,349 7,349
    MORGAN CREEK PARTNERS I, LP K-1 254 254 254


    TY 2021 OtherIncreasesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Description Amount
    TAX OVER BOOK ADJUSTMENT 30,653


    TY 2021 OtherLiabilitiesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED SALARIES 63,405 67,271


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 144,413 144,413   0
    K-1: FSP MOM LLC II SERIES OFIX - OPPORTUNISTIC FIXED INCOME 1,903 1,903   0
    K-1: MORGAN CREEK PARTNERS I, LP 4,511 4,511   0
    K-1: MORGAN CREEK PARTNERS II, LP 5,451 5,451   0
    K-1: MORGAN CREEK PARTNERS III, LP 7,249 7,249   0
    K-1: MORGAN CREEK PARTNERS IV, LP 21,801 21,801   0
    LEGAL FEES 335 0   335
    K-1: INCEPTION MICRO ANGEL FUND, LLC 8 8   0


    TY 2021 TaxesSchedule
    Name:
    WEAVER FOUNDATION INC
    EIN:
    56-6093527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX (FROM K-1'S) 8,850 8,850   0
    FOREIGN TAX: RAYMOND JAMES ACCOUNTS 124 124   0
    FOREIGN TAX: FRANKLIN STREET TRUST 1,759 1,759   0
    EXCISE TAX 25,500 0   0
    PAYROLL TAXES 11,255 157   11,097