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Morris & Clara Weshnak Family Foundation is a private corporation based in SEA GIRT, NJ. The foundation received its IRS ruling in 1999. The principal officer is Barry Weshnak. It holds total assets of $2.9M. Annual income is reported at $1.6M. Total assets have grown from $1.4M in 2011 to $2.9M in 2024. The foundation is governed by 6 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 2015 to 2024. According to available records, Morris & Clara Weshnak Family Foundation has made 2 grants totaling $1.5M, with a median grant of $747K. The foundation has distributed between $733K and $761K annually from 2022 to 2023. Individual grants have ranged from $733K to $761K, with an average award of $747K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
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.
Morris & Clara Weshnak Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NJ.
Morris & Clara Weshnak Family Foundation has distributed a total of $1.5M across 2 grants. The median grant size is $747K, with an average of $747K. Individual grants have ranged from $733K to $761K.
Morris & Clara Weshnak Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Morris & Clara Weshnak Family Foundation is headquartered in SEA GIRT, NJ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Weshnak | Trustee | $2K | $0 | $2K |
| Carol Anne Cawley Weshnak | Trustee | $0 | $0 | N/A |
| Robert J Saxton | Trustee | $0 | $0 | N/A |
| Scott J Landau | Trustee | $0 | $0 | N/A |
| Michael Weshnak | Trustee | $0 | $0 | N/A |
| Barry Weshnak | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.9M
Fair Market Value
N/A
Net Worth
$2.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$1.5M
Average Grant
$747K
Median Grant
$747K
Unique Recipients
1
Most Common Grant
$761K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached SchedulePLEASE SEE ATTACHED SCHEDULE | Sea Girt, NJ | $761K | 2023 |