2006 Annual Report
The Year in Review
Ben Weingart
The Year in Review
Grant Awards
Financial Highlights

On behalf of our Board of Directors and staff, I am pleased to provide this report on the activities of the Weingart Foundation for the fiscal year ending June 30, 2006. The Foundation approved 355 grants that totaled approximately $39 million. A list of Foundation grants of $25,000 or more can be found by clicking Grant Awards. It is also important to note that the Foundation continues to make many smaller grants that generally support the programs of developing nonprofit organizations. These community-based organizations are often located in the poorest areas of our region, and they provide critical services that deserve the support of the philanthropic community.

In the field of philanthropy, the Weingart Foundation is known primarily as a responsive grant maker. This means that the Foundation accepts unsolicited proposals that fall within the Foundationís broad grant guidelines. A description of our grant guidelines can be found by clicking Grant Guidelines, and our application procedures can be accessed by clicking How to Apply.

As part of our responsive approach to grantmaking, the Foundation believes it is critically important to continually assess the needs of the nonprofit sector in Southern California, and gauge grantee perceptions of and experience with the Foundation. For example, during fiscal year 2007, the Foundation will conduct focus groups with grantees and solicit anonymous feedback on the programs, policies, and procedures of the Foundation. This information will be used by the Foundation to inform and improve our grantmaking practices and add to our understanding of the nonprofit sector.

I also want to mention that, in addition to our responsive grant program, the Foundation does sponsor special focus grant programs in areas where our Board would like to achieve special impact. Currently, the Foundation is sponsoring a number of these special initiatives, including the Skid Row Homeless Healthcare Initiative, and the Gang Prevention and Intervention Initiative. We are also in the early stages of developing a special grant program addressing the needs of organizations working with the developmentally disabled.

Assets of the Foundation at June 30, 2006 were at $839,604,506, up from $795,801,391 the year before, after payment of almost $42 million in grants. Financial highlights of the Weingart Foundation for the fiscal year can be found by clicking Financial Highlights.

Finally, I want to thank the members of our Board of Directors and staff for their commitment and hard work. On behalf of the entire Weingart Foundation, I also want to commend the excellent work of our grantees, whose collective efforts result in a better Southern California.

Sincerely,

William D. Schulte
Chairman