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The Westfield Insurance Foundation

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.

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
+32 more states

Cities

AdaAgoura HillsAkronAlbuquerqueAlcoaAlexandriaAllentownAllianceAmericusAmherstAndoverAnokaApple CreekApple ValleyArlingtonAshlandAshtabulaAthensAtlantaAuburn

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

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 Phil…$500KAkron Urban League$80KAmerican Red Cross of No…$75KAkron-Canton Regional Fo…$48KAmerican Cancer Society …$44KAutism Society$21KCleveland Leadership Cen…$19KAmerican Institute for C…$15KAmerican Heart Associati…$14KAmerican Red Cross$10K

Grant Size Distribution

250 grants across all recorded years

230<$50K15$50–100K3$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Center for Disaster Philanthropy Inc ($500,000), Akron Urban League ($79,917), American Red Cross of Northeast Ohio ($75,000).

RecipientPurposeAmount
2Beta Inc Draper, UTGeneral operating support$500
4 the Children Durango, COGeneral operating support$5,500
Achievement Center for Children Highland Hills, OHGeneral operating support$2,500
Adaptive Sports Program of Ohio Wooster, OHGeneral operating support$8,500
AG Community Relief Otisville, MIGeneral operating support$2,500
Akron Childrens Hospital Foundation Akron, OHGeneral operating support$86
Akron Urban League Akron, OHGeneral operating support$79,917
Akron-Canton Regional Foodbank Akron, OHGeneral operating support$48,050
Alleycats & Aristocats Inc Brunswick, OHGeneral operating support$1,000
Alzheimer's Disease and Related Disorders Association Chicago, ILMemorial Donation$53

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

From 2024 IRS filing

From 2024 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.

Explore Open Grants

Browse active grant opportunities in The Westfield Insurance Foundation's focus areas in our free grants database

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Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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