EL Wiegand Foundation

Private foundation · Grantmaker Reno, NV EIN: 94-2839372

EL Wiegand Foundation is a private foundation, based in Reno, NV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $168.4M in total assets. In 2025, it awarded 1 grant totaling $6.2M. Net investment income was $9.3M.

Key facts about EL Wiegand Foundation

In short: EL Wiegand Foundation gave $6.2M across 1 grant in 2025 (avg $6.2M), mostly in Nevada. Source: 2025 IRS Form 990-PF.

EIN
94-2839372
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$6,232,165
Grants made (2025)
1
Average grant
$6,232,165
Median grant
$6,232,165
Total assets
$168,378,503
Primary geography
Nevada (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$168.4M

+9.0% YoY

Annual Giving

$6.2M

+27.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$6.2M

+27.0% YoY

Under IRS private-foundation payout rules, EL Wiegand Foundation reported a distributable amount of $8.7M for 2025 — the minimum it must pay out in qualifying distributions.

How EL Wiegand Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+2%). Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M1 grants20211 grants20221 grants20231 grants20241 grants2025

From 2021 to 2025, annual grant giving ranged from $4.5M (2021) to $6.2M (2025). In 2025 it made 1 grant totaling $6.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

See Grant Statement: $6.2MSee Grant Statement$6.2M

The largest 2025 recipient was See Grant Statement ($6.2M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M3$5M+

The most common grant size was $5M or more: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Grant Statement See Grant Statement, NVSee Grant Statement$6,232,165

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M20212022202320242025
Metric202520242023
Total Assets$168,378,503$154,478,589$129,923,065
Revenue$10,398,976$6,314,845$5,478,797
Expenses$7,996,590$6,897,393$12,184,107
Qualifying Distributions$7,981,671$6,723,574$7,243,157
Net Investment Income$9,252,655$5,230,175$4,457,075
Distributable Amount$8,743,380$7,583,987$6,722,010

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 14, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 16, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 29, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 15, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

EL Wiegand Foundation is led by Raymond C Avansino Jr. Esq., Chair, CEO & CIO on every filing since 2021; all 8 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Raymond C Avansino Jr. Esq.

    Chair, CEO & CIO

    On filings since 2021

    40 hrs/week

    $390K (2021) → $420K (2025)

  • Calgary A Avansino

    V-Chair, President & Executive Director

    Trustee → V-Chair, President & Executive Director, 2023

    On filings since 2021

    25 hrs/week

    $50K (2021) → $220K (2025)

  • Marisa Avansino

    V-Chair, President & Executive Director

    Trustee → V-Chair, President & Executive Director, 2023

    On filings since 2021

    25 hrs/week

    $50K (2021) → $220K (2025)

  • Frank J Fahrenkopf Jr. Esq.

    Trustee

    On filings since 2021

    3 hrs/week

    $50K (2021) → $50K (2025)

  • Mario J Gabelli

    Trustee

    On filings since 2021

    3 hrs/week

    $4K (2021) → $4K (2025)

  • Michael Melarkey

    Trustee

    On filings since 2021

    3 hrs/week

    $50K (2021) → $100K (2025)

  • Robert Randick Jr.

    Trustee

    On filings since 2021

    3 hrs/week

    $50K (2021) → $50K (2025)

  • JoAnna Tote

    Sect'y & Treasurer

    On filings since 2021

    40 hrs/week

    $141K (2021) → $244K (2025)

Former officers (1)
  • Former: Kristen A Avansino (2021–2022) — President & Executive Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Raymond C Avansino Jr Esq — Chair/CEO/CIO: $420KRaymond C Avansino Jr…Chair/CEO/CIO$420KJoAnna Tote — Sect'y/Treas: $244KJoAnna ToteSect'y/Treas$244KMarisa Avansino — V-Chair/Pres/ED: $220KMarisa AvansinoV-Chair/Pres/ED$220KCalgary A Avansino — V-Chair/Pres/ED: $220KCalgary A AvansinoV-Chair/Pres/ED$220KMichael Melarkey — Trustee: $100KMichael MelarkeyTrustee$100KFrank J Fahrenkopf Jr Esq — Trustee: $50KFrank J Fahrenkopf Jr…Trustee$50KRobert Randick Jr — Trustee: $50KRobert Randick JrTrustee$50KMario J Gabelli — Trustee: $4KMario J GabelliTrustee$4K

The highest reported compensation on the 2025 filing was $420K, to Raymond C Avansino Jr Esq (Chair/CEO/CIO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about EL Wiegand Foundation

How much does EL Wiegand Foundation give each year?

EL Wiegand Foundation gave $6.2M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.9M across 1 grant.

How large is EL Wiegand Foundation?

EL Wiegand Foundation reported $168.4M in total assets on its 2025 IRS Form 990-PF. It paid out $8.0M in qualifying distributions that year, against a required minimum of $8.7M (roughly 5% of its investment assets).

Where does EL Wiegand Foundation operate?

EL Wiegand Foundation has awarded grants in Nevada.

What is EL Wiegand Foundation's EIN?

EL Wiegand Foundation's EIN (Employer Identification Number) is 94-2839372. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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