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.
Key facts about Universal Music Group Lew Wasserman
In short: Universal Music Group Lew Wasserman gave $33K across 21 grants in 2024 (avg $2K), top state California. Source: 2024 IRS Form 990-PF.
- EIN
- 20-1002698
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $33,000
- Grants made (2024)
- 21
- Average grant
- $1,571
- Median grant
- $500
- Total assets
- $406,007
- Primary geography
- California (48% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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.
How Universal Music Group Lew Wasserman gives
- Giving grew 50% from 2021 to 2024. Method
- In 2024 it paid out 144% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 21 itemized 2024 grant dollars.
States
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| ANTELOPE VALLEY COLLEGE-PALMDALE CAMPUS Palmdale, CA | SCHOLARSHIP - KEVIN HARA | $4,000 |
| UNIVERSITY OF NEVADA LAS VEGAS Las Vegas, NV | SCHOLARSHIP - KENNETH MORRIS | $4,000 |
| ITHACA COLLEGE Ithaca, NY | SCHOLARSHIP - CHRISTOPHER M BROWN | $3,500 |
| UNIVERSITY OF CALIFORNIA LOS ANGELES Los Angeles, CA | SCHOLARSHIP - ETHAN ROME | $3,000 |
| CALIFORNIA STATE UNIVERSITY LONG BEACH Long Beach, CA | SCHOLARSHIP - DANIELLE SALUTE | $3,000 |
| CALIFORNIA POLYTECHNIC STATE UNIV SAN LUIS OBISPO San Luis Obispo, CA | SCHOLARSHIP - RYAN SALUTE | $3,000 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY Cambridge, MA | SCHOLARSHIP - BELINDA VELA | $2,500 |
| GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, GA | SCHOLARSHIP - CHRISTIAN VELA | $2,500 |
| TEXAS A&M UNIVERSITY College Station, TX | SCHOLARSHIP - JAXON DRAUGHON | $1,000 |
| COLLEGE OF WILLIAM AND MARY Williamsburg, VA | SCHOLARSHIP - HELENA PAVLOVCIC | $1,000 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Universal Music Group Lew Wasserman's 2024 filing lists 7 officers; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jason Gallien
Officer & Director
On filings since 2020
No compensation reported
Jeffrey S. Harleston
Officer & Director
On filings since 2020
No compensation reported
Matt Reichstein
Director
New on the 2024 filing
No compensation reported
Notoya Brown
Director
New on the 2024 filing
No compensation reported
Susan Mazo
Director
New on the 2024 filing
No compensation reported
Anh Le
Assistant Treasurer
New on the 2024 filing
No compensation reported
Peter Rosenzweig
Treasurer
New on the 2024 filing
No compensation reported
Former officers (2)
- Former: Eric Hutcherson (2020–2023) — Officer & Director
- Former: Evangeline Flowers (2021–2023) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Universal Music Group Lew Wasserman
How much does Universal Music Group Lew Wasserman give each year?
Universal Music Group Lew Wasserman gave $33K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $33K across 17 grants.
What is Universal Music Group Lew Wasserman's typical grant size?
Universal Music Group Lew Wasserman's median grant in 2024 was $500, and its average grant was $1,571, across 21 grants on its 2024 IRS Form 990-PF.
Where does Universal Music Group Lew Wasserman give grants?
Universal Music Group Lew Wasserman's top state is California, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Nevada (12%) and New York (11%). The most frequent recipient cities were Atlanta, GA (2 grants) and Santa Barbara, CA (2 grants).
Does Universal Music Group Lew Wasserman give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on Universal Music Group Lew Wasserman's 2024 IRS Form 990-PF were described as general or operating support.
Who are Universal Music Group Lew Wasserman's largest grantees?
Universal Music Group Lew Wasserman's largest 2024 grantees include Antelope Valley College-Palmdale Campus ($4,000), University of Nevada Las Vegas ($4,000) and Ithaca College ($3,500), according to its 2024 IRS Form 990-PF. Together they received 35% of its itemized 2024 grant dollars.
How large is Universal Music Group Lew Wasserman?
Universal Music Group Lew Wasserman reported $406K in total assets on its 2024 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets).
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Universal Music Group Lew Wasserman by hand.
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