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Wertheimer Family Foundaiton is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is Foundation Source. It holds total assets of $4.5M. Annual income is reported at $111K. 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 2016 to 2023. According to available records, Wertheimer Family Foundaiton has made 2 grants totaling $450K, with a median grant of $225K. Individual grants have ranged from $50K to $400K, with an average award of $225K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Massachusetts and New York. 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.
Wertheimer Family Foundaiton 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 MA, NY.
Wertheimer Family Foundaiton has distributed a total of $450K across 2 grants. The median grant size is $225K, with an average of $225K. Individual grants have ranged from $50K to $400K.
Wertheimer Family Foundaiton typically selects its grantees rather than accepting unsolicited proposals.
Wertheimer Family Foundaiton is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeremy Wertheimer | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$4.5M
Fair Market Value
$6.2M
Net Worth
$4.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$279K
Total Grants
2
Total Giving
$450K
Average Grant
$225K
Median Grant
$225K
Unique Recipients
2
Most Common Grant
$400K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts Institute Of TechnologyMIT Emergency Ventilator Project | Cambridge, MA | $400K | 2020 |
| Cooper Union For The Advancement Of Science And ArComputer Science | New York, NY | $50K | 2020 |