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E L Wiegand Foundation is a private trust based in RENO, NV. The foundation received its IRS ruling in 1982. The principal officer is % Raymond C Avansino Jr. It holds total assets of $154.5M. Annual income is reported at $26.5M. The Foundation temporarily suspended direct charitable activities during the current tax year due to an emergency situation caused by COVID public health issues that adversely affected arte italias operations and the well-being and safety of employees, consultants and guests. The Foundation plans to re-start direct charitable activities in the next fiscal year as Covid public health issues and restrictions have subsided. The Foundation did incur certain maintenance, planning and administrative costs that are reflected in the current tax return. According to available records, E L Wiegand Foundation has made 3 grants totaling $16.7M, with a median grant of $6.1M. Annual giving has grown from $4.5M in 2021 to $12.2M in 2022. Individual grants have ranged from $4.5M to $6.1M, with an average award of $5.6M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Nevada. Contributions to this foundation are tax-deductible.
The Foundation provided Italian culinary experiences to Nevada charitable organizations to educate and develop strong relationships between leadership, staff and donors with respect to their charitable missions and fund raising. In the current fiscal tax year, two charitable organizations were selected: Sky Tavern Junior Ski Program, Inc of Reno, Nevada and The Nevada Policy Research Institute of Las Vegas, Nevada.
Expenses: $266K
The Foundation temporarily suspended direct charitable activities during the current tax year due to an emergency situation caused by COVID public health issues that adversely affected arte italias operations and the well-being and safety of employees, consultants and guests. The Foundation plans to re-start direct charitable activities in the next fiscal year as Covid public health issues and restrictions have subsided. The Foundation did incur certain maintenance, planning and administrative costs that are reflected in the current tax return. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NV.
E L Wiegand Foundation has distributed a total of $16.7M across 3 grants. The median grant size is $6.1M, with an average of $5.6M. Individual grants have ranged from $4.5M to $6.1M.
The application deadline is Inquiries are accepted throughout the year.. The Foundation awards grants to qualified charitable organizations in the areas of arts and cultural affairs, civic and community affairs, education, health and medical research and public affairs. Except where initiated by the Foundation, grants are primarily reviewed within the western United States, including Nevada, Oregon, Idaho, Utah, Montana, Arizona and Washington. To foster the religious beliefs of E. L. Wiegand, a portion of the annual grants is made to Roman Catholic charitable institutions. Institutions are to be in existence a minimum of five years.Proposals for endowment, debt reduction, ordinary operations, general fund raising, emergency funding, multi-year funding, productions of documentaries, films or media presentations, direct or indirect loans, or for the benefit of specific individuals are excluded from consideration.
E L Wiegand Foundation is headquartered in RENO, NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond C Avansino Jr Esq | Chair/CEO/CIO | $390K | $0 | $390K |
| Joanna Tote | Sect'y/Treas | $197K | $34K | $231K |
| Marisa Avansino | V-Chair/Pres/ED | $150K | $0 | $150K |
| Calgary A Avansino | V-Chair/Pres/ED | $150K | $0 | $150K |
| Michael Melarkey | Trustee | $50K | $0 | $50K |
Total Giving
$12.2M
Total Assets
$129.9M
Fair Market Value
N/A
Net Worth
$124.5M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$4.5M
Distribution Amount
$6.7M
Total Grants
3
Total Giving
$16.7M
Average Grant
$5.6M
Median Grant
$6.1M
Unique Recipients
2
Most Common Grant
$6.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grant StatementSee Grant Statement | See Grant Statement, NV | $6.1M | 2022 |
| See Statement 19See Grant Statement | See Grant Statement, NV | $4.5M | 2021 |
MERCER ISLAND, WA
GRAND RAPIDS, MI
LUBBOCK, TX
SAINT LOUIS, MO
| Robert Randick Jr | Trustee | $50K | $0 | $50K |
| Frank J Fahrenkopf Jr Esq | Trustee | $50K | $0 | $50K |
| Mario J Gabelli | Trustee | $4K | $0 | $4K |
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