Universal Music Group Lew Wasserman
Universal Music Group Lew Wasserman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 21 grants totaling $33K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$406K
+4.9% YoY
Annual Giving
$33K
+0.0% YoY
Grant Count
21
+23.5% YoY
Avg Grant Size
$2K
-19.0% YoY
Under IRS private-foundation payout rules, Universal Music Group Lew Wasserman reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About Universal Music Group Lew Wasserman
Based on IRS filings
Universal Music Group Lew Wasserman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 21 grants totaling $33K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $406,007 | $386,860 | $379,977 |
| Revenue | $24,666 | $18,013 | $24,671 |
| Expenses | $52,093 | $56,921 | $34,715 |
| Qualifying Distributions | $48,000 | $53,000 | $30,500 |
| Net Investment Income | $20,635 | $14,092 | $20,456 |
| Distributable Amount | $33,415 | $19,147 | $20,052 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Antelope Valley College-palmdale Campus ($4,000), University of Nevada Las Vegas ($4,000), Ithaca College ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF CALIFORNIA IRVINE IRVINE, CA | SCHOLARSHIP - MORGAN AYRES | $500 |
| ITHACA COLLEGE ITHACA, NY | SCHOLARSHIP - CHRISTOPHER M BROWN | $3,500 |
| UNIVERSITY OF CALIFORNIA SANTA BARBARA SANTA BARBARA, CA | SCHOLARSHIP - CAITLIN CRUZ | $500 |
| TEXAS A&M UNIVERSITY COLLEGE STATION, TX | SCHOLARSHIP - JAXON DRAUGHON | $1,000 |
| COLORADO COLLEGE COLORADO SPRING, CO | SCHOLARSHIP - HARPER FROGGE | $500 |
| LIPSCOMB UNIVERSITY NASHVILLE, TN | SCHOLARSHIP - GRACE GEESLIN | $500 |
| CLEMSON UNIVERSITY CLEMSON, SC | SCHOLARSHIP - PEYTON GORHAM | $500 |
| ANTELOPE VALLEY COLLEGE-PALMDALE CAMPUS PALMDALE, CA | SCHOLARSHIP - KEVIN HARA | $4,000 |
| GEORGIA STATE UNIVERSITY ATLANTA, GA | SCHOLARSHIP - KAYLA HURD | $500 |
| CALIFORNIA STATE POLYTECHNIC UNIVERSITY HUMBOLDT ARCATA, CA | SCHOLARSHIP - TAYLOR KENDIG | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON GALLIEN | OFFICER AND DIRECTOR | — | — |
| JEFFREY S HARLESTON | OFFICER/DIRECTOR UNTIL 3/27/24 | — | — |
| NOTOYA BROWN | DIRECTOR | — | — |
| SUSAN MAZO | DIRECTOR | — | — |
| MATT REICHSTEIN | DIRECTOR | — | — |
| ANH LE | ASSISTANT TREASURER | — | — |
| PETER ROSENZWEIG | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Universal Music Group Lew Wasserman?
Universal Music Group Lew Wasserman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $406K in total assets as of 2024.
How large is Universal Music Group Lew Wasserman?
As of 2024, Universal Music Group Lew Wasserman holds $406K in total assets with $25K in annual revenue. It awarded 21 grants totaling $33K in 2024.
Where does Universal Music Group Lew Wasserman operate?
Universal Music Group Lew Wasserman has awarded grants in Alabama, California, Colorado, District of Columbia, Florida, Georgia, Hawaii, Indiana, Louisiana, Massachusetts, Maryland, New Hampshire, Nevada, New York, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington.
What size grants does Universal Music Group Lew Wasserman award?
In 2024, Universal Music Group Lew Wasserman awarded 21 grants totaling $33K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Universal Music Group Lew Wasserman required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Universal Music Group Lew Wasserman reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Universal Music Group Lew Wasserman's EIN?
Universal Music Group Lew Wasserman's EIN (Employer Identification Number) is 20-1002698. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Universal Music Group Lew Wasserman's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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