The Raymond John Wean Foundation logo

The Raymond John Wean Foundation

WARREN, OH EIN: 34-6505038 Website

The Raymond John Wean Foundation is a private grantmaking foundation established in 1949 in Warren, Ohio. The foundation is dedicated to equitable community building in the underresourced communities of Warren and Youngstown in Ohio's Mahoning Valley. The organization leverages grantmaking, capacity building, convening, and partnerships to strengthen communities and advance racial equity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$91.8M

+4.4% YoY

Annual Giving

$2.7M

-23.2% YoY

Grant Count

94

+2.2% YoY

Avg Grant Size

$28K

-24.8% YoY

Under IRS private-foundation payout rules, The Raymond John Wean Foundation reported a distributable amount of $4.4M 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

Mission: To advance community building in the underresourced communities of Warren and Youngstown, in Ohio's Mahoning Valley, through a powerful combination of grantmaking, capacity building, convening and partnerships.

Vision: Empowered residents creating an equitable Mahoning Valley.

The foundation's strategic priorities include:

  • Community Revitalization
  • Economic Opportunity
  • Educational Opportunity
  • Public and Civic Sector Leadership

The foundation also supports Early Childhood Development programs focused on improving child care quality, ensuring access to health care for young children and families, and strengthening neighborhoods and communities.

Grantmaking

The foundation funds the development and implementation of viable solutions led by organizations whose leadership reflects the racial demographics of the communities they serve. Key principles include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on:

  • Warren, Ohio
  • Youngstown, Ohio
  • Ohio's Mahoning Valley region
  • Secondary focus areas: District of Columbia and Pennsylvania

Grant Distribution by State

13states
+5 more states

Cities

AkronAtlantaAustintownBeachwoodBlairstownBoardmanCanfieldChillicotheClevelandCleveland HeightsCleveland HgtsColumbisColumbusDeerfieldDetroitFarmingtonFort LauderdaleFort MyersFt MyersGirard

Financial History

Multi-year comparison from IRS filings

As of December 2024 (Form 990-PF):

  • Total Assets: $91,841,097
  • Total Revenue: $3,557,509
  • Total Expenses: $4,446,767
  • Net Income: -$889,258
  • Net Assets: $87,819,803
  • Total Liabilities: $4,020,000
  • Total Giving: $2,674,064

Historical Context: Since its establishment in 1949, the foundation has made over $90 million in grants to nonprofit organizations.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$91,841,097$87,987,079$81,495,326
Revenue$3,557,509$4,488,624$5,074,455
Expenses$4,446,767$5,109,259$4,163,647
Qualifying Distributions$4,316,850$4,780,138$4,058,011
Net Investment Income$3,101,757$4,074,148$4,688,870
Distributable Amount$4,422,540$4,095,679$4,277,225

Giving Over Time

Total grant dollars and number of grants per year

$0$870K$2M$3M$3M151 grants2020120 grants202195 grants202292 grants202394 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FREEDOM ROC$133KCOMMUNITY FOUNDATION OF …$131KBRIDGEWAY CAPITAL$66KINSPIRING MINDS$60KHEART REACH NEIGHBORHOOD…$57KFUND FOR OUR ECONOMIC FU…$43KECONOMIC ACTION GROUP INC$26KAFRICAN AMERICAN MALE WE…$25KGREATER CLEVELAND NEIGHB…$12KMAHONING VALLEY SOJOURN …$11K

Grant Size Distribution

250 grants across all recorded years

224<$50K14$50–100K7$100–250K4$250–500K1$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from The Raymond John Wean Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Freedom Roc ($132,500), Community Foundation of the Mv ($131,000), Bridgeway Capital ($66,000).

RecipientPurposeAmount
ACTION INC ROCHESTER, NYGENERAL OPERATING SUPPORT$5,000
AFRICAN AMERICAN MALE WELLNESS AGENCY YOUNGSTOWN, OHGENERAL OPERATING SUPPORT$25,000
AGAPE ASSEMBLY CHURCH WARREN, OHGENERAL OPERATING SUPPORT$4,500
AMERICAN RED CROSS OF GREATER AKRON AND THE MAHONING VALLEY AUSTINTOWN, OHGENERAL OPERATING SUPPORT$8,000
ANDREA MAHONE FOUNDATION YOUNGSTOWN, OHGENERAL OPERATING SUPPORT$5,000
ASSOCIATED NEIGHBORHOOD CENTERS MCGUFFEY CENTRE YOUNGSTOWN, OHGENERAL OPERATING SUPPORT$5,000
BESS PURPOSE INCORPORATED STRUTHERS, OHGENERAL OPERATING SUPPORT$1,500
BLESSED WITH A BAG WARREN, OHGENERAL OPERATING SUPPORT$1,000
BRIDGEWAY CAPITAL PITTSBURGH, PAGENERAL OPERATING SUPPORT$66,000
BRITE ENERGY INNOVATORS WARREN, OHGENERAL OPERATING SUPPORT$1,500

Leadership & Key People

Leadership team and compensation from IRS filings

Jennifer Roller - President

Compensation Overview

From 2024 IRS filing

JENNIFER E ROLLERPRESIDENT$214K

From 2024 filing

NameTitleHoursCompensation
GORDON B WEANCHAIRMAN15
MOLLY SEALSVICE CHAIR2
DANTE CAPERSBOARD MEMBER2
CARLA BALDWINBOARD MEMBER2
SARA DAUGHERTYSECRETARY2
STANLEY ELKINSBOARD MEMBER2
VINCENT E PETERSONBOARD MEMBER2
JENNIFER E ROLLERPRESIDENT40$213,716
SARAH LOWRYBOARD MEMBER2
SYBIL WESTBOARD MEMBER2

Recent News & Activity

Recent developments and announcements

The foundation has announced significant grant awards in recent periods:

The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants
2024

**2024:** Approved $2.4 million in Community Investment Grants to four organizations

The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants
2024

**2024:** Awarded $1.5 million in Community Investment Grants

The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants
2024

**2024:** Announced Resident Engagement Grants program

The Raymond John Wean Foundation Announces Resident Engagement Grants \u2013\
2025

The foundation established a comprehensive outcomes dashboard in 2025 to track progress toward race equity and inclusion goals. The foundation disaggregates grantmaking data by race, tracking the number of grantees with staff and board composition of more than 50% who identify as Black, Hispanic, or Latinx, as well as total dollar amounts awarded to those organizations.

The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants

Contact Information

Phone: (330) 394-5600 or (330) 394-5601 (fax)

Email: info@weanfoundation.org

Media Inquiries: communications@weanfoundation.org

Website: weanfoundation.org

Frequently Asked Questions

What does The Raymond John Wean Foundation fund?

**Mission:** To advance community building in the underresourced communities of Warren and Youngstown, in Ohio's Mahoning Valley, through a powerful combination of grantmaking, capacity building, convening and partnerships. **Vision:** Empowered residents creating an equitable Mahoning Valley. The foundation's strategic priorities include: • Community Revitalization • Economic Opportunity • Educational Opportunity • Public and Civic Sector Leadership The foundation also supports Early Childhood…

How do I apply for a grant from The Raymond John Wean Foundation?

The foundation funds the development and implementation of viable solutions led by organizations whose leadership reflects the racial demographics of the communities they serve. Key principles include: **Value Alignment:** Support for organizations whose work strongly aligns with foundation values and whose leadership reflects the racial demographics of the communities in which they work. **Race Equity & Inclusion:** The foundation prioritizes racial equity principles to address entrenched chal…

Where does The Raymond John Wean Foundation make grants?

The foundation's grantmaking focuses primarily on: • Warren, Ohio • Youngstown, Ohio • Ohio's Mahoning Valley region • Secondary focus areas: District of Columbia and Pennsylvania

What size grants does The Raymond John Wean Foundation award?

In 2024, The Raymond John Wean Foundation awarded 94 grants totaling $2.7M — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is The Raymond John Wean Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Raymond John Wean Foundation reported a distributable amount of $4.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Raymond John Wean Foundation's EIN?

The Raymond John Wean Foundation's EIN (Employer Identification Number) is 34-6505038. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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