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Weitzman Family Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2013. The principal officer is Stuart Weitzman. It holds total assets of $2.5M. Annual income is reported at $7.3M. Total assets have decreased from $25M in 2012 to $9.7M in 2023. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Weitzman Family Foundation has made 13 grants totaling $17.7M, with a median grant of $1M. Annual giving has grown from $1M in 2021 to $16.7M in 2022. Individual grants have ranged from $3K to $4.1M, with an average award of $1.4M. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Massachusetts, which account for 85% of all grants. Grantmaking reaches organizations across 4 states. 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.
Weitzman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, PA, MA.
Weitzman Family Foundation has distributed a total of $17.7M across 13 grants. The median grant size is $1M, with an average of $1.4M. Individual grants have ranged from $3K to $4.1M.
Weitzman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Weitzman Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stuart Weitzman | TRUSTEE | $0 | $0 | N/A |
Total Giving
$6.8M
Total Assets
$9.7M
Fair Market Value
$19.6M
Net Worth
$9.7M
Grants Paid
$6.8M
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$931K
Total: N/A
Total Grants
13
Total Giving
$17.7M
Average Grant
$1.4M
Median Grant
$1M
Unique Recipients
7
Most Common Grant
$1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ItrekUNRESTRICTED GENERAL | New York, NY | $4.1M | 2022 |
| Maccabi UsaUNRESTRICTED GENERAL | Philadelphia, PA | $2M | 2022 |
| Brigham & Womens HospitalUNRESTRICTED GENERAL | Charlestown, MA | $1.3M | 2022 |
| Weill Cornell Medical CollegeUNRESTRICTED GENERAL | New York, NY | $1M | 2022 |
| National Yiddish Theatre FolksbieneUNRESTRICTED GENERAL | New York, NY | $5K | 2022 |
| Society For Oncology MassageUNRESTRICTED GENERAL | Richmond, MN | $3K | 2022 |
| American Jewish Joint Distribution CmteUNRESTRICTED GENERAL | New York, NY | $1M | 2021 |