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The Annenberg Foundation

CONSHOHOCKEN, PA EIN: 23-6257083 Website

The Annenberg Foundation is a private family foundation headquartered in Conshohocken, Pennsylvania, with additional operations in Los Angeles, California. Established in 1989 by the late Walter H. Annenberg, a prominent publisher and former U.S. Ambassador to Great Britain, the foundation provides funding and support to nonprofit organizations in the United States and globally. The foundation is directly involved in community initiatives through innovative projects that complement its grantmaking work.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5B

+4.2% YoY

Annual Giving

$53.3M

-73.3% YoY

Grant Count

543

+5.6% YoY

Avg Grant Size

$98K

-74.8% YoY

Under IRS private-foundation payout rules, The Annenberg Foundation reported a distributable amount of $70.9M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's mission is to advance the public well-being through improved communication. The foundation encourages the development of more effective ways to share ideas and knowledge and is committed to core values of responsiveness, accessibility, fairness, and involvement.

Primary funding areas include:

  • Education and youth development
  • Arts, culture, and humanities
  • Civic and community life
  • Health and human services
  • Animal services and the environment
  • Philanthropy, voluntarism, and grantmaking

The foundation values organizations with visionary leadership, demonstrated impact, sustainability, innovation, organizational strength, and strong networks of partnerships—a framework reflected in the acronym VISION+. The foundation prioritizes funding organizations with deep community involvement, effective leadership, and those addressing challenging and timely problems.

Grantmaking

The foundation made 543 grants in its most recent filing period. Grant sizes typically range from $50,000 to $12 million, with a median grant amount of $25,000. Total giving in 2024 was $53,343,335.

Grant Range

s typically range from $50,000 to $12 million, with a median grant amount of $25,000. Total giving in 2024 was $53,343,335.

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in California, New York, and the District of Columbia, with particular focus on the greater Los Angeles area as well as nationally and globally.

Grant Distribution by State

45states
+37 more states

Cities

AaronsburgActionAgoura HillsAlbuquerqueAlexandriaAlhambraAllentownAltadenaAnaheimAnchorageAnn ArborAnnandale On HudsonAnnapolisArcataArletaArlingtonArtesiaAshevilleAshfieldAshland

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $1,523,963,150
  • Total Revenue: $123,000,000
  • Total Expenses: $310,000,000
  • Total Liabilities: $246,000,000
  • Total Giving: $53,343,335

As of 2023:

  • Total Assets: $1,462,008,226
  • Total Revenue: $131,626,861
  • Total Expenses: $253,584,091

The foundation ranks in the top 1% of foundations by asset size (Rank #122 of 159,550).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$85M$170M$256M$341M20202021202220232024
Metric202420232022
Total Assets$1,523,963,150$1,462,008,226$1,524,441,511
Revenue$123,118,621$131,626,861$148,973,633
Expenses$309,925,589$253,584,091$99,458,740
Qualifying Distributions$88,135,602$96,267,791$84,998,996
Net Investment Income$118,758,146$152,280,176
Distributable Amount$70,855,956$66,472,370$90,441,798

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M$200M753 grants2020626 grants2021606 grants2022514 grants2023543 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ANIMAL WELLNESS FOUNDATION$2.2MACTORS GANG INC$200KAMERICAN FRIENDS OF THE …$163KAMERICAN FRIENDS OF THE …$128KBARNARD COLLEGE$126KAMERICAN CINEMATHEQUE$100KAMERICAN FRIENDS OF MAGE…$100KAMERICAN JOURNALISM PROJ…$100KALLIANCE FOR A JUST SOCI…$75KALMA BACKYARD FARM$75K

Grant Size Distribution

250 grants across all recorded years

166<$50K46$50–100K30$100–250K4$250–500K$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Animal Wellness Foundation ($2,200,000), Actors Gang Inc ($200,000), American Friends of the Paris Opera and Ballet ($162,514).

RecipientPurposeAmount
4MOM FOUNDATION INC LINCOLN, CAGENERAL OPERATING SUPPORT$10,000
826LA LOS ANGELES, CAGENERAL OPERATING SUPPORT$50,000
A NEW DAY FOUNDATION INC WOODLAND HILLS, CAGENERAL OPERATING SUPPORT$15,000
A ROCHA USA INC WHEATON, ILA ROCHA PORTUGAL$10,000
A SENSE OF HOME HAWTHORNE, CAGENERAL OPERATING SUPPORT$35,000
ABRAHAM PATH INITIATIVE INC NEWTOWN, PAGENERAL OPERATING SUPPORT$5,000
ACTORS GANG INC CULVER CITY, CAGENERAL OPERATING SUPPORT$200,000
AFFORDABLE LIVING FOR THE AGING WEST HOLLYWOOD, CAGENERAL OPERATING SUPPORT$50,000
AI LA COMMUNITY INC LOS ANGELES, CAIDEAS PROGRAM$25,000
ALASKA DEPARTMENT OF FISH AND GAME JUNEAU, AKWALRUS WEBCAM$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key leadership includes:

  • Wallis Annenberg – CEO, Chairperson, and President
  • Cynthia Kennard – Executive Director and Secretary ($757K annual compensation)
  • Allison Holmes – Chief Operations & Strategy Officer ($371K annual compensation)
  • Paul J. Manganiello – Director of Investments and Treasurer ($347K annual compensation)
  • Bruce Missaggia – Senior Director of Administration & Finance ($316K annual compensation)
  • Lauren Bon – Vice President and Director ($86K annual compensation)
  • Charles Annenberg Weingarten – Vice President and Director ($86K annual compensation)
  • Gregory Annenberg Weingarten – Vice President and Director ($86K annual compensation)

The foundation employs approximately 59 staff members.

Compensation Overview

From 2024 IRS filing

CYNTHIA KENNARDEXECUTIVE DIRECTOR/SECRETARY$757KPAUL J MANGANIELLODIRECTOR OF INVEST/TREASURER$347KLAUREN BONVICE PRESIDENT/DIRECTOR$86KCHARLES ANNENBERG WE…VICE PRESIDENT/DIRECTOR$86KGREGORY ANNENBERG WE…VICE PRESIDENT/DIRECTOR$86K

From 2024 filing

NameTitleHoursCompensation
WALLIS ANNENBERGCEO/CHAIRPERSON/PRESIDENT20
LAUREN BONVICE PRESIDENT/DIRECTOR37.5$86,151
CHARLES ANNENBERG WEINGARTENVICE PRESIDENT/DIRECTOR37.5$85,847
GREGORY ANNENBERG WEINGARTENVICE PRESIDENT/DIRECTOR37.5$85,847
CYNTHIA KENNARDEXECUTIVE DIRECTOR/SECRETARY37.5$756,910
PAUL J MANGANIELLODIRECTOR OF INVEST/TREASURER37.5$346,832

Recent News & Activity

Recent developments and announcements

Recent grant announcements and activities include:

The Leonore Annenberg Civics Award supported a U.S. Semiquincentennial teaching project through the Annenberg Public Policy Center of the University of Pennsylvania.

Annenberg Scholars Awarded Information and Democracy Research Grants from

The foundation awarded more than $3 million in grants to 68 nonprofit organizations through LA2050 initiatives.

Annenberg Scholars Awarded Information and Democracy Research Grants from

A $10 million gift was made to UCLA Health, resulting in the naming of the Wallis Annenberg Concourse at Ronald Reagan UCLA Medical Center.

Wallis Annenberg Concourse Named in Honor of Gift - UCLA Health

Annenberg scholars were awarded information and democracy research grants from the Penn Center for Media, Technology, and Democracy.

Annenberg Scholars Awarded Information and Democracy Research Grants from

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Annenberg Foundation fund?

The foundation's mission is to advance the public well-being through improved communication. The foundation encourages the development of more effective ways to share ideas and knowledge and is committed to core values of responsiveness, accessibility, fairness, and involvement. Primary funding areas include: • Education and youth development • Arts, culture, and humanities • Civic and community life • Health and human services • Animal services and the environment • Philanthropy, voluntarism, …

How do I apply for a grant from The Annenberg Foundation?

The foundation made 543 grants in its most recent filing period. Grant sizes typically range from $50,000 to $12 million, with a median grant amount of $25,000. Total giving in 2024 was $53,343,335. The foundation maintains an active grantmaking program and has recent grant activity documented in current filings. The foundation is staffed and accepts grant proposals.

Where does The Annenberg Foundation make grants?

The foundation funds organizations in California, New York, and the District of Columbia, with particular focus on the greater Los Angeles area as well as nationally and globally.

What size grants does The Annenberg Foundation award?

In 2024, The Annenberg Foundation awarded 543 grants totaling $53.3M — an average of about $98K per grant, based on its IRS Form 990 filings.

How much is The Annenberg Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Annenberg Foundation reported a distributable amount of $70.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Annenberg Foundation's EIN?

The Annenberg Foundation's EIN (Employer Identification Number) is 23-6257083. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Annenberg Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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