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The Westfield Insurance Foundation

Foundation · Grantmaker Westfield, OH EIN: 20-3816760 Website

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.

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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.

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

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

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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

40states

Share of all 287 itemized 2024 grant dollars.

Cities

ClevelandMedinaAkronColumbusCincinnatiWoosterNew YorkToledoWashingtonAtlantaDetroitWestfield CenterChicagoNashvillePhiladelphiaCantonAlexandriaAthensLancasterLorain

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
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

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$929K$2M$3M$4M456 grants2020342 grants2021317 grants2022310 grants2023287 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Center for Disaster Philanthropy Inc: $504K across 2 grantsCenter for DisasterPhilanthropy Inc$504K · 2 grantsUnited Way of Summit and Medina: $146K across 2 grantsUnited Way of Summit andMedina$146K · 2 grantsPGA Tour Inc: $100KPGA Tour Inc$100KAkron Urban League: $80KAkron Urban League$80KThe Spanish American Committee: $77KThe Spanish American Committee$77KAmerican Red Cross of Northeast Ohio: $75KAmerican Red Cross ofNortheast Ohio$75KSmart Development: $75KSmart Development$75KTeam NEO Foundation: $60KTeam NEO Foundation$60KFriends of Medina County Parks Inc: $50KFriends of Medina County ParksInc$50KWestfield Fire and Rescue: $50KWestfield Fire and Rescue$50K

Grant Size Distribution

1,712 grants across all recorded years

1631<$50K58$50–100K20$100–250K2$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
Center for Disaster Philanthropy Inc Washington, DCFlood Recovery Grant$500,000
PGA Tour Inc Ponte Vedra, FLAkron-Canton Regional Foodbank General operating support support$100,000
Akron Urban League Akron, OHGeneral operating support$79,917
The Spanish American Committee Cleveland, OHGeneral operating support$77,000
American Red Cross of Northeast Ohio Cleveland, OHGeneral operating support$75,000
Smart Development Cleveland, OHGeneral operating support$75,000
United Way of Summit and Medina Akron, OHSupport to maintain Financial Empowerment Coach$75,000
United Way of Summit and Medina Akron, OHGeneral operating support$71,210
Team NEO Foundation Cleveland, OHGeneral operating support$60,000
Friends of Medina County Parks Inc Medina, OHCapital 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

NameTitleHoursCompensation
Edward LargentChair0.5—
Frank CarrinoPresident1—
Joseph KohmannTreasurer0.5—
Jani GrozaSecretary15—
Kathy GolovanDirector0.25—
Jack KuhnDirector0.25—
Kristine NeateDirector0.25—
Jennifer PalmieriDirector0.25—
Stuart RosenbergDirector0.25—

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 $500K

Subject 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.

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