Abraham Wassner & Sons Foundation Inc

NEW YORK, NY EIN: 13-6219360

Abraham Wassner & Sons Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $918K in total assets. In 2024, it awarded 1 grants totaling $345K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$918K

-26.7% YoY

Annual Giving

$345K

+194.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$345K

+194.3% YoY

Under IRS private-foundation payout rules, Abraham Wassner & Sons Foundation Inc reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About Abraham Wassner & Sons Foundation Inc

Based on IRS filings

Ready to take the next step with Abraham Wassner & Sons Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $921K (100%)

States

New York

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$917,878	$1,253,072	$1,369,221
Revenue	$20,831	$1,261	$70,200
Expenses	$356,025	$117,410	$109,890
Qualifying Distributions	$345,446	$117,370	$109,640
Net Investment Income	$10,252	$44	$69,950
Distributable Amount	$52,492	$62,529	$65,660

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Schedule Attached ($345,446).

Recipient	Purpose	Amount
SEE SCHEDULE ATTACHED NEW YORK, NY	CHARITABLE CONTRIBUTION	$345,446

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARCUS HAGER	VP % DIRECTOR	—	—
LOIS HAGER	PRESIDENT & DIRECTOR	—	—

Frequently Asked Questions

How large is Abraham Wassner & Sons Foundation Inc?

As of 2024, Abraham Wassner & Sons Foundation Inc holds $918K in total assets with $21K in annual revenue. It awarded 1 grants totaling $345K in 2024.

Where does Abraham Wassner & Sons Foundation Inc operate?

Abraham Wassner & Sons Foundation Inc has awarded grants in New York.

What size grants does Abraham Wassner & Sons Foundation Inc award?

In 2024, Abraham Wassner & Sons Foundation Inc awarded 1 grants totaling $345K — an average of about $345K per grant, based on its IRS Form 990 filings.

How much is Abraham Wassner & Sons Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Abraham Wassner & Sons Foundation Inc reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Abraham Wassner & Sons Foundation Inc's EIN?

Abraham Wassner & Sons Foundation Inc's EIN (Employer Identification Number) is 13-6219360. IRS Form 990 filing data is available on this page for 2020–2024.