Ernst Wessel Foundation Inc

Foundation · Grantmaker 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.

Key facts about Ernst Wessel Foundation Inc

In short: Ernst Wessel Foundation Inc gave $23K across 8 grants in 2024 (avg $3K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
01-0665720
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$23,000
Grants made (2024)
8
Average grant
$2,875
Median grant
$2,550
Total assets
$520,578
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Ernst Wessel Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). 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 8 itemized 2024 grant dollars.

States

Cities

WarrenAsbury ParkRoselandToms RiverMaplewoodRobbinsville

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K6 grants20206 grants20216 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Warren Hills Regional High School: $7KWarren Hills Regional HighSchool$7KThe Center in Asbury Park: $4KThe Center in Asbury Park$4KRobbinsville TWP Police Department: $4KRobbinsville TWP PoliceDepartment$4KWarrenbrook Senior Center: $3KWarrenbrook Senior Center$3KAlzheimer's New Jersey: $2KAlzheimer's New Jersey$2KDiscovery Orchestra: $2KDiscovery Orchestra$2KCaregiver Volunteers of Central Jer: $1KCaregiver Volunteers ofCentral Jer$1KDevereaux New Jersey: $500Devereaux 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

RecipientPurposeAmount
WARREN HILLS REGIONAL HIGH SCHOOL Warren, NJEDUCATIONAL ASSISTANCE$7,000
THE CENTER IN ASBURY PARK Asbury Park, NJPROGRAM SERVICES$3,750
ROBBINSVILLE TWP POLICE DEPARTMENT Robbinsville, NJPROGRAM SERVICES$3,750
WARRENBROOK SENIOR CENTER Warren, NJGENERAL WELFARE$3,100
ALZHEIMER'S NEW JERSEY Roseland, NJPROGRAM SERVICES$2,000
DISCOVERY ORCHESTRA Warren, NJPROGRAM SERVICES$1,500
CAREGIVER VOLUNTEERS OF CENTRAL JER Toms River, NJPROGRAM SERVICES$1,400
DEVEREAUX NEW JERSEY Maplewood, NJPROGRAM SERVICES$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ernst Wessel Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael Kurak

    Trustee

    On filings since 2020

    No compensation reported

  • Jennifer Manna

    Trustee

    On filings since 2021

    No compensation reported

  • Vic Sordillo

    Trustee

    On filings since 2023

    No compensation reported

Former officers (4)
  • Former: Gary P. Dinardo (2022) — Trustee
  • Former: Victor J. Sordillo (2021) — Trustee
  • Former: Anne Fox Vitale (2020) — Trustee
  • Former: Michael C. Marion (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ernst Wessel Foundation Inc

How much does Ernst Wessel Foundation Inc give each year?

Ernst Wessel Foundation Inc gave $23K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $23K across 8 grants.

What is Ernst Wessel Foundation Inc's typical grant size?

Ernst Wessel Foundation Inc's median grant in 2024 was $2,550, and its average grant was $2,875, across 8 grants on its 2024 IRS Form 990-PF.

Where does Ernst Wessel Foundation Inc give grants?

Ernst Wessel Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Warren, NJ (3 grants).

Does Ernst Wessel Foundation Inc give general operating support?

Yes: 13% of Ernst Wessel Foundation Inc's 2024 grants with a stated purpose (1 of 8) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Program Services" (6 grants).

Who are Ernst Wessel Foundation Inc's largest grantees?

Ernst Wessel Foundation Inc's largest 2024 grantees include Warren Hills Regional High School ($7,000), The Center in Asbury Park ($3,750) and Robbinsville TWP Police Department ($3,750), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.

How large is Ernst Wessel Foundation Inc?

Ernst Wessel Foundation Inc reported $521K in total assets on its 2024 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

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.

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.

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

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