The Raymond John Wean Foundation
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from The Raymond John Wean Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Jennifer Roller - President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GORDON B WEAN | CHAIRMAN | 15 | — |
| MOLLY SEALS | VICE CHAIR | 2 | — |
| DANTE CAPERS | BOARD MEMBER | 2 | — |
| CARLA BALDWIN | BOARD MEMBER | 2 | — |
| SARA DAUGHERTY | SECRETARY | 2 | — |
| STANLEY ELKINS | BOARD MEMBER | 2 | — |
| VINCENT E PETERSON | BOARD MEMBER | 2 | — |
| JENNIFER E ROLLER | PRESIDENT | 40 | $213,716 |
| SARAH LOWRY | BOARD MEMBER | 2 | — |
| SYBIL WEST | BOARD MEMBER | 2 | — |
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:** Approved $2.4 million in Community Investment Grants to four organizations
The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants**2024:** Awarded $1.5 million in Community Investment Grants
The Raymond John Wean Foundation Approves $2.4M of Community Investment Grants**2024:** Announced Resident Engagement Grants program
The Raymond John Wean Foundation Announces Resident Engagement Grants \u2013\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 GrantsContact Information
Phone: (330) 394-5600 or (330) 394-5601 (fax)
Email: info@weanfoundation.org
Media Inquiries: communications@weanfoundation.org
Website: weanfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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