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Leah And Richard Waitzer Foundation is a private corporation based in VIRGINIA BCH, VA. The foundation received its IRS ruling in 2017. The principal officer is Edwin Waitzer. It holds total assets of $67.4M. Annual income is reported at $19.6M. Total assets have grown from $1.6M in 2019 to $67.4M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Virginia, Georgia and Michigan. According to available records, Leah And Richard Waitzer Foundation has made 11 grants totaling $8.1M, with a median grant of $250K. Annual giving has grown from $285K in 2020 to $5.7M in 2022. Individual grants have ranged from $25K to $4M, with an average award of $738K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Virginia and Michigan and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$407K
Average Grant
$522K
Largest Grant
$1.3M
Based on 4 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.
Leah And Richard Waitzer Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in VA, MI, GA.
Leah And Richard Waitzer Foundation has distributed a total of $8.1M across 11 grants. The median grant size is $250K, with an average of $738K. Individual grants have ranged from $25K to $4M.
Leah And Richard Waitzer Foundation typically selects its grantees rather than accepting unsolicited proposals.
Leah And Richard Waitzer Foundation is headquartered in VIRGINIA BCH, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley J Waitzer | President | $0 | $0 | N/A |
| Edwin S Waitzer | VP,SECRETARY,TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$67.4M
Fair Market Value
N/A
Net Worth
$67.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$8.1M
Average Grant
$738K
Median Grant
$250K
Unique Recipients
8
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyTO FURTHER DONEE'S CHARITABLE PURPOSE | Kennesaw, GA | $150K | 2022 |
| Barry Art Museum -Old Dominion Museum FoundationTO FURTHER RECIPIENTS CHARITABLE PURPOSE | Norfolk, VA | $4M | 2022 |
| Eastern Virginia Medical SchoolSUPPORT RECIPIENT'S CHARITABLE PURPOSE | Norfolk, VA | $1M | 2022 |
| Chrysler Museum Of ArtTO FURTHER RECIPIENTS CHARITABLE PURPOSE | Norfolk, VA | $474K | 2022 |
| Childrens Hospital Of The Kings DaughtersTO FURTHER RECIPIENTS CHARITABLE PURPOSE | Norfolk, VA | $125K | 2022 |
| Detroit Institute Of ArtsTO FURTHER DONEE'S CHARITABLE PURPOSE | Detroit, MI | $564K | 2021 |
| Norfolk AcademyTO FURTHER DONEE'S CHARITABLE PURPOSE | Norfolk, VA | $25K | 2021 |
| Food Bank Of Southeastern VirginiaTO FURTHER DONEE'S CHARITABLE PURPOSE | Norfolk, VA | $50K | 2020 |