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Joseph & Laura Wortman Foundation 9-150033131768 is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1989. The principal officer is Citibank Na. It holds total assets of $8.9M. Annual income is reported at $2.8M. Total assets have grown from $5.2M in 2011 to $8.7M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York, Ohio and Arizona. According to available records, Joseph & Laura Wortman Foundation 9-150033131768 has made 28 grants totaling $2M, with a median grant of $70K. Annual giving has grown from $450K in 2020 to $1.1M in 2022. Individual grants have ranged from $25K to $110K, with an average award of $71K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and Ohio and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$62K
Average Grant
$64K
Largest Grant
$110K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Joseph & Laura Wortman Foundation 9-150033131768 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NY, OH, AZ.
Joseph & Laura Wortman Foundation 9-150033131768 has distributed a total of $2M across 28 grants. The median grant size is $70K, with an average of $71K. Individual grants have ranged from $25K to $110K.
Joseph & Laura Wortman Foundation 9-150033131768 typically selects its grantees rather than accepting unsolicited proposals.
Joseph & Laura Wortman Foundation 9-150033131768 is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citibank N A | TRUSTEE, AS REQ'D | $52K | $0 | $52K |
| Albert L Lingelbach Esq | CO-TTEE, AS REQ'D | $16K | $0 | $16K |
Total Giving
$650K
Total Assets
$8.7M
Fair Market Value
$11.4M
Net Worth
$8.7M
Grants Paid
$506K
Contributions
N/A
Net Investment Income
$312K
Distribution Amount
$539K
Total Grants
28
Total Giving
$2M
Average Grant
$71K
Median Grant
$70K
Unique Recipients
8
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wildlife Conservation SocietyGENERAL OPERATING | Bronx, NY | $110K | 2022 |
| Children'S Aid - Wagon Road CampGENERAL OPERATING | Chappaqua, NY | $96K | 2022 |
| Riverside SymphonyGENERAL OEPRATING | New York, NY | $90K | 2022 |
| Life Is PreciousGENERAL OPERATING | Long Island City, NY | $75K | 2022 |
| Saint Ignatius SchoolGENERAL OPERATING | Cleveland, OH | $70K | 2022 |
| Horticultural SocietyGENERAL OPERATING | New York, NY | $60K | 2022 |
| Mayo ClinicGENERAL OPERATING | Scottsdale, AZ | $30K | 2022 |
| ComunilifeGENERAL OPERATING | New York, NY | $50K | 2021 |