Peggy & Ellis Wachs Foundation

PHILADELPHIA, PA EIN: 23-6802696

The Peggy & Ellis Wachs Foundation is a private foundation based in Philadelphia, Pennsylvania. Established in 1985, it operates as a 501(c)(3) organization with no employees and focuses on philanthropic giving primarily through annual drives and direct charitable contributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+13.3% YoY

Annual Giving

$100K

+1.7% YoY

Grant Count

48

-2.0% YoY

Avg Grant Size

$2K

+3.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation supports educational nonprofits and science education initiatives, with particular emphasis on STEM education grants.

Grantmaking

The foundation primarily funds annual drives and makes contributions to charitable organizations.

Average Grant

amount and median grant amount data not specified in available records

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in:

  • Pennsylvania
  • New York
  • New Jersey

Grant Distribution by State

9states
+1 more states

Cities

AustinBala CynwydBrooklynBryn MawrCamdenCovingtonGladwyneHarvey CedarsHaverfordKing Of PrussiaLong Beach TownshipLos AngelesMaplewoodMontgomeryNew YorkPhiladelphiaRadnorSouth HadleyWashingtonWest Hollywood

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $2,688,372
  • Total revenues: $444,737
  • Total expenses: $125,669
  • Investment income and dividends: $70,219
  • Number of employees: 0

The foundation's revenue is primarily generated through investment income and dividends rather than external contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$122K$245K$367K$489K20202021202220232024
Metric202420232022
Total Assets$2,688,372$2,373,752$2,196,230
Revenue$444,737$304,365$162,775
Expenses$125,669$124,843$133,502
Qualifying Distributions$122,621$119,592$130,528
Net Investment Income$441,689$299,114$159,801
Distributable Amount$130,967$122,368$124,031

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$55K$82K$109K61 grants202053 grants202155 grants202249 grants202348 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TRUSTEES OF THE UNIVERSI…$13KPHILA CHAMBER MUSIC SOCI…$11K1616 LATIMER FUND$9KNATIONAL MULTIPLE SCLERO…$6KBALLET X$5KCURTIS INSTITUTE OF MUSIC$5KFREE LIBRARY OF PHILADEL…$5KPHILADELPHIA MUSEUM OF ART$5KPLANNED PARENTHOOD$5KTHE PARKINSON COUNCIL$5K

Grant Size Distribution

247 grants across all recorded years

247<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Ellis G. Wachs (deceased August 9, 2017) was a founder of the foundation. He was married to Peggy (née Brenner) and had three children: Elizabeth, Marjorie, and Esther.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PEGGY B WACHSOFFICER2

Related Funders

Similar funders by location and focus area

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

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