The Jeffrey Frank Wacks Memorial Fund Inc
The Jeffrey Frank Wacks Memorial Fund Inc is a private foundation, based in Whippany, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $42K. Net investment income was $12.
The Jeffrey Frank Wacks Memorial Fund Inc at a glance
In short: The Jeffrey Frank Wacks Memorial Fund Inc gave $42K across 2 grants in 2023 (avg $21K), mostly in New Jersey. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $41,632
- +9.5% vs 2022
- Grants made (2023)
- 2
- -33.3% vs 2022
- Average grant
- $20,816
- +64.3% vs 2022
- Median grant
- $20,816
- Primary geography
- New Jersey (76% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Jeffrey Frank Wacks Memorial Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was The Walter & Alice Gorham Foundation ($32K). Together the top 2 received $42K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
Cities
How The Jeffrey Frank Wacks Memorial Fund Inc gives
- Giving grew 39% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $15K (2021) to $42K (2023). In 2023 it made 2 grants totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Walter & Alice Gorham Foundation Whippany, NJ | General Fund | $31,632 |
| Barrington Stage Pittsfield, MA | Capital Grant for Music | $10,000 |
Ready to take the next step with The Jeffrey Frank Wacks Memorial Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $5,189 | $41,695 | $41,632 | 2 | $41,632 | $12 | $1,576 |
| 2022 | $36,506 | $23,859 | $38,610 | $38,013 | 3 | $38,013 | $14 | $2,222 |
| 2021 | $51,257 | $30,724 | $19,181 | $15,000 | 1 | — | $40 | $2,297 |
| 2020 | $39,714 | $23,561 | $35,733 | $30,000 | 3 | — | $153 | $2,495 |
Under IRS private-foundation payout rules, The Jeffrey Frank Wacks Memorial Fund Inc reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Jeffrey Frank Wacks Memorial Fund Inc's 2023 filing lists 3 officers; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Ed Wacks
Trustee & Secretary
On filings since 2022
15 hrs/week
No compensation reported
Gregory Wacks - Son Of Ed Wacks
Trustee
On filings since 2022
No compensation reported
Melissa Wacks - Daughter Of Ed Wack
Trustee
On filings since 2022
No compensation reported
Former officers (6)
- Former: Theresa A. Youngelson (2020–2022) — Trustee & Vice President
- Former: Gary Gerstein MD (2020–2021) — Trustee
- Former: M. Glassner-Sister-In-Law Of L. Wacks (2020–2021) — Trustee
- Former: Ed Wacks-Brother-In-Law M. Glassner (2021) — Trustee & Secretary
- Former: Linda Wacks-Sister-In-Law M. Glassne (2020) — Trustee & Secretary
- Former: William Derosa MD (2020) — Trustee
Data from IRS Form 990 filings, 2020–2023. "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 The Jeffrey Frank Wacks Memorial Fund Inc
How much does The Jeffrey Frank Wacks Memorial Fund Inc give each year?
The Jeffrey Frank Wacks Memorial Fund Inc gave $42K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $38K across 3 grants.
Where does The Jeffrey Frank Wacks Memorial Fund Inc operate?
The Jeffrey Frank Wacks Memorial Fund Inc has awarded grants in Massachusetts, Missouri, New Jersey, New York.
How much is The Jeffrey Frank Wacks Memorial Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Jeffrey Frank Wacks Memorial Fund Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jeffrey Frank Wacks Memorial Fund Inc's EIN?
The Jeffrey Frank Wacks Memorial Fund Inc's EIN (Employer Identification Number) is 22-3473943. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in The Jeffrey Frank Wacks Memorial Fund Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Jersey
Greater Miami Jewish Federation Inc
Miami, FL
The Greater Miami Jewish Federation funds human services, Jewish education and identity, community-building, and overseas programs, primarily supporting Jewish communities and people in need in Miami, Israel, and elsewhere. Its 2025 grants had a median of $22,348, while its competitive Jewish Incubator Grants generally range from $2,500 to $10,000; the profile does not state whether unsolicited requests are accepted.
Assets
$549.5M
Grants
386
Total Given
$59.4M
The Klingenstein Third Generation Foundation
New York, NY
The Klingenstein Third Generation Foundation funds research and fellowships focused on ADHD and depression in children and adolescents, with particular attention to underserved populations. Its 2025 grants ranged from $2,500 to $100,000, with a median of $50,000, and went to organizations in multiple U.S. states. It does not accept unsolicited funding requests; fellowship applications must be initiated by an academic researcher.
Assets
$24.4M
Grants
16
Total Given
$788K
The University of British Columbia
UBC primarily supports post-secondary education, research, teaching and learning, Indigenous initiatives, and community-university partnerships, with many programs restricted to UBC teams or eligible partners. Its 2025 filing reported 18 grants totaling about $1.55 million, ranging from $19,947 to $364,334; funding programs include awards of up to $200,000. Its mission spans British Columbia, Canada and the world, and the profile does not state whether it accepts unsolicited requests.
Assets
$6.2B
Grants
18
Total Given
$1.5M
Brady Education Foundation Inc
Carrboro, NC
The Brady Education Foundation funds research and evaluations of programs that improve educational outcomes for children from birth through age 18, with an emphasis on strength-based approaches and real-world impact. Its 2025 grants ranged from $20,000 to $248,007, with a median of $55,147; recent funding went to organizations in North Carolina, Massachusetts, Georgia, California, and Missouri. It accepts requests through a letter-of-inquiry process, inviting selected applicants to submit full proposals.
Assets
$17.6M
Grants
9
Total Given
$737K
Freedom Together Foundation
New York, NY
The foundation funds work to strengthen multiracial democracy and build community and worker power, racial and gender justice, movement infrastructure, reproductive health, medical research, and community institutions. In 2024, its grants ranged from $5,000 to $14 million, with a median of $500,000; its largest shares went to organizations in Washington, DC, New York, California, Massachusetts, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.4B
Grants
595
Total Given
$470.0M
The Bill M and Cecile Autrey Ham
Austin, TX
The foundation funds a broad mix of causes, including children’s mental health, youth services, food access, animal welfare, conservation, and philanthropy, with most grants going to Texas organizations. Its 2025 grants ranged from $10,000 to $80,000, with a median of $20,000. It accepts written solicitations from 501(c)(3) organizations; no deadline is stated.
Assets
$13.2M
Grants
29
Total Given
$772K
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Jeffrey Frank Wacks Memorial Fund Inc'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.
The Jeffrey Frank Wacks Memorial Fund Inc down — hundreds of funders to go?