The Lance R Wachenheim Foundation

Foundation · Grantmaker PURCHASE, NY EIN: 26-1497632

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

+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.

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

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

New York $3.8M (81%)

Massachusetts $384K (8%)

California $275K (6%)

Connecticut $205K (4%)

District of Columbia $20K (0%)

States

California Connecticut District of Columbia Massachusetts New York

Cities

ChathamChilmarkElmsfordLarchmontMamaroneckMount VernonMysticNew YorkNorth ChathamNorth SalemOak BluffsOssiningSan DiegoSaratoga SpringsSomervilleStaten IslandValhallaVineyard HavenWashingtonWhite Plains

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

2025

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.com

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.