The Lance R Wachenheim Foundation
The Lance R Wachenheim Foundation is a private foundation based in Purchase, New York. Established as a tax-exempt organization in July 2008, it operates as a 501(c)(3) charitable organization dedicated to philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.0M
+26.3% YoY
Annual Giving
$1.2M
+25.3% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$52K
+25.3% YoY
Under IRS private-foundation payout rules, The Lance R Wachenheim Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Massachusetts
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of most recent IRS Form 990 filing (2024):
- Total assets: $22,999,228
- Total giving: $1,186,750
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,999,228 | $18,212,337 | $18,527,963 |
| Revenue | $6,035,518 | $655,699 | $367,516 |
| Expenses | $1,248,778 | $971,325 | $945,870 |
| Qualifying Distributions | $1,191,500 | $952,025 | $936,994 |
| Net Investment Income | $6,032,711 | $645,331 | $362,640 |
| Distributable Amount | $1,382,847 | $1,114,937 | $1,013,642 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Skidmore College ($310,000), Blythedale Children's Hospital ($253,000), Martha's Vineyard Community Services ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 1925 FOUNDATION INC MAMARONECK, NY | GENERAL SUPPORT | $1,000 |
| ATLANTIC WHITE SHARK CONSERVANCY NORTH CHATHAM, MA | GENERAL SUPPORT | $2,000 |
| BLYTHEDALE CHILDREN'S HOSPITAL VALHALLA, NY | GENERAL SUPPORT | $253,000 |
| FEEDING WESTCHESTER ELMSFORD, NY | GENERAL SUPPORT | $20,000 |
| FRESH AIR FUND NEW YORK, NY | GENERAL SUPPORT | $20,000 |
| FRIENDS OF KAREN NORTH SALEM, NY | GENERAL SUPPORT | $35,000 |
| GUIDING EYES FOR THE BLIND YORKTOWN HEIGHTS, NY | GENERAL SUPPORT | $40,000 |
| LARCHMONT MANOR PARK SOCIETY LARCHMONT, NY | GENERAL SUPPORT | $4,000 |
| LARCHMONT-MAMARONECK COMMUNITY TELEVISION INC MAMARONECK, NY | GENERAL SUPPORT | $3,000 |
| LARCHMONT MAMARONECK HUNGER TASK FORCE LARCHMONT, NY | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LANCE R WACHENHEIM | TRUSTEE | 0.5 | — |
| EDGAR WACHENHEIM III | TRUSTEE | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In 2025, the foundation announced a $200,000 challenge grant to Rye Town Park, demonstrating continued active grantmaking in the New York region.
$200K Wachenheim Foundation Challenge Grant for Rye Town Park - MyRye.comSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Lance R Wachenheim Foundation fund?
The foundation's grant-making priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Lance R Wachenheim Foundation?
**Financial Capacity:** • Total assets: $22,999,228 • Total annual giving: $1,186,750 • Typical award range: $275,000–$310,000 **Recent Grants:** • $3,000 to LMC Media (Larchmont-Mamaroneck Community Television) in Mamaroneck, New York for general support (2024) • $200,000 challenge grant to Rye Town Park (2025)
Where does The Lance R Wachenheim Foundation make grants?
The foundation primarily funds organizations in: • New York • Massachusetts • District of Columbia
What size grants does The Lance R Wachenheim Foundation award?
In 2024, The Lance R Wachenheim Foundation awarded 23 grants totaling $1.2M — an average of about $52K per grant, based on its IRS Form 990 filings.
How much is The Lance R Wachenheim Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lance R Wachenheim Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lance R Wachenheim Foundation's EIN?
The Lance R Wachenheim Foundation's EIN (Employer Identification Number) is 26-1497632. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lance R Wachenheim Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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