The Wyss Medical Foundation Inc

WASHINGTON, DC EIN: 26-3962795

The Wyss Medical Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 1 grants totaling $12.4M. Net investment income was $8.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.2M

-64.0% YoY

Annual Giving

$12.4M

-22.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12.4M

-22.5% YoY

Under IRS private-foundation payout rules, The Wyss Medical Foundation Inc reported a distributable amount of $298K for 2024 — the minimum it must pay out in qualifying distributions.

About The Wyss Medical Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

District of Columbia $112.7M (100%)

States

District of Columbia

Cities

Washington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,170,045	$17,134,310	$23,535,961
Revenue	$1,679,248	$9,973,172	$-543,294
Expenses	$12,643,513	$16,451,264	$17,199,535
Qualifying Distributions	$12,600,356	$16,211,298	$17,166,435
Net Investment Income	$7,974,415	$6,779,146	$116,665
Distributable Amount	$298,235	$750,658	$1,360,080

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Schedule ($12,436,242).

Recipient	Purpose	Amount
SEE ATTACHED SCHEDULE WASHINGTON, DC	CHARITABLE CONTRIBUTION	$12,436,242

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HANSJOERG WYSS	DIRECTOR	2	—
JOSEPH FISHER	TREASURER	4	—
PATRICIA DAVIS	SECRETARY	4	—
STEVE SCHWARTZ	DIRECTOR	—	$58,335
FRANK MCGOVERN	DIRECTOR	2	—
MOLLY MCUSIC	DIRECTOR	—	$95,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Wyss Medical Foundation Inc?

The Wyss Medical Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. It holds $6.2M in total assets as of 2024.

How large is The Wyss Medical Foundation Inc?

As of 2024, The Wyss Medical Foundation Inc holds $6.2M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $12.4M in 2024.

Where does The Wyss Medical Foundation Inc operate?

The Wyss Medical Foundation Inc has awarded grants in District of Columbia.

What size grants does The Wyss Medical Foundation Inc award?

In 2024, The Wyss Medical Foundation Inc awarded 1 grants totaling $12.4M — an average of about $12.4M per grant, based on its IRS Form 990 filings.

How much is The Wyss Medical Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wyss Medical Foundation Inc reported a distributable amount of $298K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Wyss Medical Foundation Inc's EIN?

The Wyss Medical Foundation Inc's EIN (Employer Identification Number) is 26-3962795. IRS Form 990 filing data is available on this page for 2020–2024.