Ernst Wessel Foundation Inc

GREEN BROOK, NJ EIN: 01-0665720

Ernst Wessel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREEN BROOK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 8 grants totaling $23K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$521K

+3.7% YoY

Annual Giving

$23K

+0.0% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$3K

+0.0% YoY

Under IRS private-foundation payout rules, Ernst Wessel Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Ernst Wessel Foundation Inc

Based on IRS filings

Ernst Wessel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREEN BROOK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $521K in total assets. In 2024, it awarded 8 grants totaling $23K. Net investment income was $12K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Asbury ParkMaplewoodRobbinsvilleRoselandToms RiverWarren

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$15K$22K$30K20202021202220232024
Metric202420232022
Total Assets$520,578$501,924$501,299
Revenue$15,731$15,228$12,565
Expenses$26,835$25,970$25,694
Qualifying Distributions$26,835$25,970$25,694
Net Investment Income$11,896$12,258$9,371
Distributable Amount$24,347$24,062$23,732

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K6 grants20206 grants20216 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

WARREN HILLS REGIONAL HI…$7KTHE CENTER IN ASBURY PARK$4KROBBINSVILLE TWP POLICE …$4KWARRENBROOK SENIOR CENTER$3KALZHEIMER'S NEW JERSEY$2KDISCOVERY ORCHESTRA$2KCAREGIVER VOLUNTEERS OF …$1KDEVEREAUX NEW JERSEY$500

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Warren Hills Regional High School ($7,000), The Center in Asbury Park ($3,750), Robbinsville Twp Police Department ($3,750).

RecipientPurposeAmount
WARREN HILLS REGIONAL HIGH SCHOOL WARREN, NJEDUCATIONAL ASSISTANCE$7,000
WARRENBROOK SENIOR CENTER WARREN, NJGENERAL WELFARE$3,100
THE CENTER IN ASBURY PARK ASBURY PARK, NJPROGRAM SERVICES$3,750
DISCOVERY ORCHESTRA WARREN, NJPROGRAM SERVICES$1,500
ALZHEIMER'S NEW JERSEY ROSELAND, NJPROGRAM SERVICES$2,000
CAREGIVER VOLUNTEERS OF CENTRAL JER TOMS RIVER, NJPROGRAM SERVICES$1,400
DEVEREAUX NEW JERSEY MAPLEWOOD, NJPROGRAM SERVICES$500
ROBBINSVILLE TWP POLICE DEPARTMENT ROBBINSVILLE, NJPROGRAM SERVICES$3,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JENNIFER MANNATrustee
MICHAEL KURAKTrustee
VIC SORDILLOTrustee

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ernst Wessel Foundation Inc?

Ernst Wessel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREEN BROOK, NJ. It holds $521K in total assets as of 2024.

How large is Ernst Wessel Foundation Inc?

As of 2024, Ernst Wessel Foundation Inc holds $521K in total assets with $16K in annual revenue. It awarded 8 grants totaling $23K in 2024.

Where does Ernst Wessel Foundation Inc operate?

Ernst Wessel Foundation Inc has awarded grants in New Jersey.

What size grants does Ernst Wessel Foundation Inc award?

In 2024, Ernst Wessel Foundation Inc awarded 8 grants totaling $23K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Ernst Wessel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernst Wessel Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ernst Wessel Foundation Inc's EIN?

Ernst Wessel Foundation Inc's EIN (Employer Identification Number) is 01-0665720. IRS Form 990 filing data is available on this page for 2020–2024.

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

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