Morris & Clara Weshnak Foundation

SEA GIRT, NJ EIN: 22-3591607

Morris & Clara Weshnak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEA GIRT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 1 grants totaling $658K. Net investment income was $828K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+5.0% YoY

Annual Giving

$658K

-13.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$658K

-13.5% YoY

Under IRS private-foundation payout rules, Morris & Clara Weshnak Foundation reported a distributable amount of $192K for 2024 — the minimum it must pay out in qualifying distributions.

About Morris & Clara Weshnak Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $3.0M (100%)

States

New Jersey

Cities

Sea Girt

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,915,406	$2,776,182	$2,976,817
Revenue	$853,304	$636,119	$588,600
Expenses	$690,624	$798,176	$772,145
Qualifying Distributions	$690,624	$798,176	$772,145
Net Investment Income	$827,553	$592,299	$541,606
Distributable Amount	$191,933	$213,716	$254,674

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 Attached Schedule ($658,087).

Recipient	Purpose	Amount
SEE ATTACHED SCHEDULE SEA GIRT, NJ	PLEASE SEE ATTACHED SCHEDULE	$658,087

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BARRY WESHNAK	Trustee	5	—
CAROL ANNE CAWLEY WESHNAK	Trustee	5	—
ROBERT J SAXTON	Trustee	5	—
RACHEL WESHNAK	Trustee	5	$1,000
MICHAEL WESHNAK	Trustee	5	—
SCOTT J LANDAU	Trustee	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Morris & Clara Weshnak Foundation?

Morris & Clara Weshnak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEA GIRT, NJ. It holds $2.9M in total assets as of 2024.

How large is Morris & Clara Weshnak Foundation?

As of 2024, Morris & Clara Weshnak Foundation holds $2.9M in total assets with $853K in annual revenue. It awarded 1 grants totaling $658K in 2024.

Where does Morris & Clara Weshnak Foundation operate?

Morris & Clara Weshnak Foundation has awarded grants in New Jersey.

What size grants does Morris & Clara Weshnak Foundation award?

In 2024, Morris & Clara Weshnak Foundation awarded 1 grants totaling $658K — an average of about $658K per grant, based on its IRS Form 990 filings.

How much is Morris & Clara Weshnak Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Morris & Clara Weshnak Foundation reported a distributable amount of $192K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Morris & Clara Weshnak Foundation's EIN?

Morris & Clara Weshnak Foundation's EIN (Employer Identification Number) is 22-3591607. IRS Form 990 filing data is available on this page for 2020–2024.