The Harold Wetterberg Foundation
The Harold Wetterberg Foundation is a private foundation based in Morristown, New Jersey. It made 49 grants totaling $210,000 in 2025, supporting organizations including universities, a theater company, community and social-service organizations, and other nonprofits.
The Harold Wetterberg Foundation at a glance
In short: The Harold Wetterberg Foundation gave $210K across 49 grants in 2025 (avg $4K), mostly in New Jersey. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $210,000
- -8.7% vs 2024
- Grants made (2025)
- 49
- -16.9% vs 2024
- Average grant
- $4,286
- +9.9% vs 2024
- Median grant
- $1,500
- Total assets
- $1,707,976
- -2.3% vs 2024
- New grantees (estimate)
- 8% first-time grantees (4 of 49, 2025)
- Primary geography
- New Jersey (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Harold Wetterberg Foundation
- How to Apply
-
Submit a letter and proposal. The foundation does not restrict giving to preselected organizations, and awards have no restrictions.
- Review Cycle
- No deadline.
- Deadline
- No deadline.
- Contact
Application contact: Gene Korf Esq Korf Rosenblatt
Mailing address: 89 Headquarters Plaza North Tower, 14Th Fl, Morristown, NJ 07960
Phone: (973) 993-1743
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Harold Wetterberg Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Rowan University Foundation ($50K). Together the top 10 received $159K.
Grant Size Distribution
269 grants across all recorded years
The most common grant size was under $50K: 268 grants of 269 (100%).
Geographic Focus
Where this funder awards grants
In 2025, New Jersey recipients received 63% of grant dollars, followed by New York (16%), an individual recipient (12%), Pennsylvania (6%), and Illinois (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 49 itemized grants.
States
Cities
Is The Harold Wetterberg Foundation open to new grantees?
8%
first-time grantees, 2025
In 2025, 4 of 49 grantees (8%) were first-time recipients. First grants averaged $13K; repeat grants $4K. How we count
Medians: $750 first-time, $2K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving grew 88% from 2022 to 2025. Method
- In 2025 it paid out 284% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $112K (2022) to $230K (2024). In 2025 it made 49 grants totaling $210K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rowan University Foundation Glassboro, NJ | Scholarship Fund | $50,000 |
| Drew University Madison, NJ | General | $30,000 |
| Community Foundation of Greenville Greenville, SC | General | $25,000 |
| Roundabout Theatre Company New York, NY | General | $25,000 |
| Bucks County Playhouse New Hope, PA | General | $5,000 |
| Drew O'Donoghue Fund Inc Whitehouse Station, NJ | General | $5,000 |
| Safe Harbor Flemington, NJ | General | $5,000 |
| State Theater of New Jersey New Brunswick, NJ | General | $5,000 |
| Tunnels to Tower Foundation Staten Island, NY | General | $5,000 |
| Children's Hospital of Philadelphia Philadelphia, PA | General | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,707,976 | $170,377 | $255,726 | $210,000 | 49 | $235,424 | $152,072 | $82,970 |
| 2024 | $1,747,492 | $195,784 | $282,679 | $230,000 | 59 | $256,867 | $169,972 | $83,241 |
| 2023 | $1,602,842 | $87,120 | $196,476 | $147,500 | 53 | $173,845 | $64,489 | $71,817 |
| 2022 | $1,298,735 | $78,562 | $166,761 | $111,500 | 49 | $136,346 | $54,578 | $75,589 |
| 2021 | $2,164,308 | $366,268 | $260,022 | $205,000 | 59 | $228,328 | $338,954 | $102,881 |
| 2020 | $2,103,513 | $233,486 | $252,936 | $200,000 | 59 | — | $206,428 | $91,016 |
Under IRS private-foundation payout rules, The Harold Wetterberg Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for higher education, theater, youth sports, food assistance, autism services, and disability rights.
Grantee descriptions illustrate this range: Rowan University Foundation says it raises funds to enrich Rowan students’ education and student life; Drew University describes itself as a liberal arts university with undergraduate and graduate schools; and Roundabout Theatre Company says it celebrates theater through productions, support for new work, and education. The Flemington Area Food Pantry describes its mission as promoting community health and well-being through food, essentials, and related support. Disability Rights New Jersey says it works to protect and advance the rights of people with disabilities.
Grantmaking
In 2025, the foundation awarded 49 grants totaling $210,000. Grants ranged from $500 to $50,000, with a median grant of $1,500. Among the largest awards were $50,000 to Rowan University Foundation for a scholarship fund, $30,000 to Drew University for general support, $25,000 to Community Foundation of Greenville for general support, and $25,000 to Roundabout Theatre Company for general support. Other awards included $5,000 each to Bucks County Playhouse, Safe Harbor, State Theater of New Jersey, and Tunnels to Towers Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gene R. Korf as secretary and trustee; Samuel R. Hoffer as president and trustee; Scott Korf as vice president and trustee; and Sandra P. Searfoss as treasurer and trustee.
The Harold Wetterberg Foundation is led by Samuel R. Hoffer, President & Trustee since 2021 (on filings since 2020); all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Samuel R. Hoffer
President & Trustee
Treasurer & Trustee → President & Trustee, 2021
On filings since 2020
1 hr/week
$5K (2020) → $5K (2025)
Gene R. Korf
Secretary & Trustee
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2025)
Sandra P. Searfoss
Treasurer & Trustee
On filings since 2021
1 hr/week
$5K (2022) → $5K (2025)
Scott Korf
Vice President & Trustee
On filings since 2021
1 hr/week
$5K (2022) → $5K (2025)
Former officers (1)
- Former: Albert G. Besser (2020–2021) — Former Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to Gene R Korf (Secretary/Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about The Harold Wetterberg Foundation
How much does The Harold Wetterberg Foundation give each year?
The Harold Wetterberg Foundation gave $210K across 49 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $230K across 59 grants.
What is The Harold Wetterberg Foundation's typical grant size?
The Harold Wetterberg Foundation's median grant in 2025 was $1,500, and its average grant was $4,286, across 49 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Harold Wetterberg Foundation that year got $13K on average.
Where does The Harold Wetterberg Foundation give grants?
The Harold Wetterberg Foundation gives mostly in New Jersey: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (16%) and South Carolina (12%). The most frequent recipient cities were Asbury Park, NJ (6 grants), Trenton, NJ (4 grants), Lawrenceville, NJ (4 grants) and New York, NY (3 grants).
Does The Harold Wetterberg Foundation give general operating support?
Yes: 98% of The Harold Wetterberg Foundation's 2025 grants with a stated purpose (48 of 49) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Harold Wetterberg Foundation's largest grantees?
The Harold Wetterberg Foundation's largest 2025 grantees include Rowan University Foundation ($50,000), Drew University ($30,000) and Community Foundation of Greenville ($25,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is The Harold Wetterberg Foundation?
The Harold Wetterberg Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $235K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets).
What does The Harold Wetterberg Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for higher education, theater, youth sports, food assistance, autism services, and disability rights. See mission & focus areas ↑
How do I apply for a grant from The Harold Wetterberg Foundation?
Submit a letter and proposal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Harold Wetterberg Foundation's EIN?
The Harold Wetterberg Foundation's EIN (Employer Identification Number) is 22-6042915. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
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Cite this profile
Grantable. (2026). The Harold Wetterberg Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-harold-wetterberg-foundation-morg_ae76a0c5d3c44274a1d332103d21095d
BibTeX
@misc{grantable_226042915_2026,
author = {{Grantable}},
title = {{The Harold Wetterberg Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-harold-wetterberg-foundation-morg_ae76a0c5d3c44274a1d332103d21095d},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Harold Wetterberg Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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