The Westfield Insurance Foundation
The Westfield Insurance Foundation is a corporate foundation based in Westfield Center, Ohio, established in 2005. As a 501(c)(3) organization, it functions as the philanthropic arm of Westfield Insurance, distributing grants to nonprofit organizations across the United States. The foundation has maintained a commitment to community investment for over 175 years through its parent company's legacy.
Key facts about The Westfield Insurance Foundation
- EIN
- 20-3816760
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,694,357
- Grants made (2024)
- 287
- Average grant
- $9,388
- Median grant
- $3,000
- New grantees (estimate)
- 44% first-time grantees (123 of 277, 2024)
- Total assets
- $35,645,305
- Primary geography
- Ohio (54% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Westfield Insurance Foundation funds
By grant dollars, the top recipient states for The Westfield Insurance Foundation's 287 itemized 2024 grants were Ohio (54%) and District of Columbia (19%). The most frequent recipient cities were Cleveland, OH (42 grants), Medina, OH (29 grants), Akron, OH (15 grants) and Columbus, OH (9 grants). 83% of grants with a stated purpose were for general or operating support. Recurring purposes include "Memorial Donation" (9 grants), "Scholarship" (8 grants) and "Support of Community Outreach programs" (4 grants).
Is The Westfield Insurance Foundation open to new grantees?
44%
first-time grantees, 2024
In 2024, 123 of 277 grantees (44%) were first-time recipients. First grants averaged $4K; repeat grants $14K. How we count
Medians: $3K first-time, $3K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 219% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Westfield Insurance Foundation
- How to evaluate The Westfield Insurance Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.6M
-1.3% YoY
Annual Giving
$2.7M
-16.1% YoY
Grant Count
287
-7.4% YoY
Avg Grant Size
$9K
-9.4% YoY
Under IRS private-foundation payout rules, The Westfield Insurance Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports programs designed to promote community revitalization, safety, education, and human services. Its charitable work concentrates on three core areas:
- Family Stability – Supporting nonprofits that help families overcome barriers to stability, with emphasis on access to education, affordable housing, workforce development, and financial literacy
- Disaster Recovery – Funding long-term community rebuilding efforts following disasters, with particular focus on the often-overlooked rebuilding phase
- Safety – Supporting safety-related initiatives and education
The foundation prioritizes addressing systemic racism and reinforces its commitment to diversity, equity, and inclusion within each focus area.
Grantmaking
The foundation is active in grantmaking with the following characteristics:
Grant Range
**: $1,000 to $150,000, with median grants around $7,000
Ready to take the next step with The Westfield Insurance Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds organizations across multiple states within Westfield's national footprint, including major cities such as Atlanta, Chicago, and New York, as well as smaller communities. States served include Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, and 17 additional states.
Grant Distribution by State
Share of all 287 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $36,125,493
- Total Revenue: $2,513,631
- Total Expenses: $3,866,918
- Total Liabilities: $579,000
- Total Giving: $3,144,103 to $3,211,099
- Giving Rate: 8.7% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,645,305 | $36,125,493 | $35,377,749 |
| Revenue | $4,094,217 | $2,513,631 | $2,455,738 |
| Expenses | $4,129,060 | $3,866,918 | $3,969,596 |
| Qualifying Distributions | $3,782,388 | $3,753,986 | $3,681,460 |
| Net Investment Income | $4,655,942 | $2,567,924 | $2,031,137 |
| Distributable Amount | $1,729,295 | $1,721,849 | $1,840,736 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
1,712 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Center for Disaster Philanthropy Inc ($503,861 across 2 grants), United Way of Summit and Medina ($146,210 across 2 grants), PGA Tour Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Disaster Philanthropy Inc Washington, DC | Flood Recovery Grant | $500,000 |
| PGA Tour Inc Ponte Vedra, FL | Akron-Canton Regional Foodbank General operating support support | $100,000 |
| Akron Urban League Akron, OH | General operating support | $79,917 |
| The Spanish American Committee Cleveland, OH | General operating support | $77,000 |
| American Red Cross of Northeast Ohio Cleveland, OH | General operating support | $75,000 |
| Smart Development Cleveland, OH | General operating support | $75,000 |
| United Way of Summit and Medina Akron, OH | Support to maintain Financial Empowerment Coach | $75,000 |
| United Way of Summit and Medina Akron, OH | General operating support | $71,210 |
| Team NEO Foundation Cleveland, OH | General operating support | $60,000 |
| Friends of Medina County Parks Inc Medina, OH | Capital Campaign support | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Ed Largent – President, CEO, Board Chair, and Westfield Insurance Foundation Chairman
- Joseph Kohmann – Board member
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward Largent | Chair | 0.5 | — |
| Frank Carrino | President | 1 | — |
| Joseph Kohmann | Treasurer | 0.5 | — |
| Jani Groza | Secretary | 15 | — |
| Kathy Golovan | Director | 0.25 | — |
| Jack Kuhn | Director | 0.25 | — |
| Kristine Neate | Director | 0.25 | — |
| Jennifer Palmieri | Director | 0.25 | — |
| Stuart Rosenberg | Director | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking aligned with its core mission areas. Recent grants have supported community playgrounds, community centers, and disaster relief efforts. The foundation distributes more than $3 million to communities annually through its various programs and maintains partnerships with nonprofit organizations focused on long-term community recovery and stability.
Westfield Insurance Foundation Donates Over $500KSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Westfield Insurance Foundation fund?
The foundation supports programs designed to promote community revitalization, safety, education, and human services. Its charitable work concentrates on three core areas: • **Family Stability** – Supporting nonprofits that help families overcome barriers to stability, with emphasis on access to education, affordable housing, workforce development, and financial literacy • **Disaster Recovery** – Funding long-term community rebuilding efforts following disasters, with particular focus on the of…
How do I apply for a grant from The Westfield Insurance Foundation?
The foundation is active in grantmaking with the following characteristics: • **Annual giving**: Approximately $3 million to $3.2 million distributed annually • **Grant volume**: Made 223 to 456 grants in recent years • **Grant range**: $1,000 to $150,000, with median grants around $7,000 • **Application status**: Accepts applications **Volunteer Grant Program** – Awards $500 to nonprofit organizations with which Westfield employees volunteer 50 hours within a year. **Legacy of Caring Program**…
Where does The Westfield Insurance Foundation make grants?
The foundation funds organizations across multiple states within Westfield's national footprint, including major cities such as Atlanta, Chicago, and New York, as well as smaller communities. States served include Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, and 17 additional states.
What size grants does The Westfield Insurance Foundation award?
In 2024, The Westfield Insurance Foundation awarded 287 grants totaling $2.7M — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Westfield Insurance Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Westfield Insurance Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Westfield Insurance Foundation's EIN?
The Westfield Insurance Foundation's EIN (Employer Identification Number) is 20-3816760. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.