The Vasser Woolley Foundation Inc
The Vasser Woolley Foundation Inc is a private grantmaking foundation based in Atlanta, Georgia. Incorporated in 1961, the foundation operates as an independent 501(c)(3) organization dedicated to supporting charitable causes in the metropolitan Atlanta area and throughout Georgia.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+5.2% YoY
Annual Giving
$700K
+0.0% YoY
Grant Count
22
+15.8% YoY
Avg Grant Size
$32K
-13.6% YoY
Mission & Focus Areas
The foundation's mission is to provide support for charitable organizations in the metropolitan Atlanta, Georgia area, with particular focus on those serving:
- General welfare
- Education
- Arts
- Youth development
Grantmaking
The foundation maintains consistent annual giving levels, with recent activity showing:
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation focuses its funding efforts within the city of Atlanta and the state of Georgia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue
- Total Assets: $15.6 million (as of 2023)
- Annual Revenue: Approximately $517,506 (2023)
- Annual Expenses: Approximately $869,614 (2023)
Financial Trends
Assets have shown modest growth, increasing 2.6% from the previous year. The foundation's expense ratio indicates it spends approximately 168% of annual revenue on programs, reflecting its use of accumulated assets for grantmaking.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,372,157 | $15,562,680 | $14,606,949 |
| Revenue | $1,096,308 | $517,506 | $1,067,361 |
| Expenses | $842,515 | $869,614 | $920,588 |
| Qualifying Distributions | $742,304 | $776,591 | $654,018 |
| Net Investment Income | $977,836 | $439,483 | $865,994 |
| Distributable Amount | $777,204 | $729,330 | $748,412 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by a board of trustees serving without compensation. Michael T. Petrik serves as Chairman. The foundation is administered through the offices of Alston & Bird.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL T PETRIK | CHAIRMAN | 1 | — |
| SUSAN SEYDEL COFER | TRUSTEE | 1 | — |
| J RUTHERFORD SEYDEL II | TRUSTEE | 1 | — |
| JANINE BROWN | TRUSTEE | 1 | — |
| ALISON JONES | TRUSTEE | 1 | — |
| BERNARD TAYLOR | TRUSTEE | 1 | — |
| MARGARET W SCOTT | SECT./TREAS. | 1 | — |
| MIMI SEYDEL | TRUSTEE | 1 | — |
Contact Information
Address 1201 W Peachtree Street NW, Suite 4900 Atlanta, GA 30309-3466
Telephone 404-881-7000
EIN 58-6034197
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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