Universal Music Group Lew Wasserman

Private foundation · Grantmaker New York, NY EIN: 20-1002698

Universal Music Group Lew Wasserman is a private foundation based in New York, New York. Its stated charitable activity is awarding scholarships, on an objective and nondiscriminatory basis, to eligible children of Universal Music Group employees.

Universal Music Group Lew Wasserman at a glance

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.

Annual giving (2024)
$33,000
+0.0% vs 2023
Grants made (2024)
21
+23.5% vs 2023
Average grant
$1,571
-19.0% vs 2023
Median grant
$500
Total assets
$406,007
+4.9% vs 2023
Primary geography
California (48% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Universal Music Group Lew Wasserman

How to Apply

The filing identifies Universal Music Group Inc as the contact and says the scholarship program’s administration, including forms and materials, restrictions on awards, and deadlines, is handled by Scholarship America. The filing does not provide specific application materials or a deadline.

Contact

Application contact: Universal Music Group Inc
Mailing address: 1755 Broadway 2Nd Floor, New York, NY 10009
Phone: (310) 865-2918

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Universal Music Group Lew Wasserman funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Nevada Las Vegas: $4KUniversity of Nevada Las Vegas$4KIthaca College: $4KIthaca College$4KUniversity of California Los Angeles: $3KUniversity of California LosAngeles$3KMassachusetts Institute of Technology: $3KMassachusetts Institute ofTechnology$3KGeorgia Institute of Technology: $3KGeorgia Institute ofTechnology$3KUniversity of California Santa Barbara: $1K across 2 grantsUniversity of California SantaBarbara$1K · 2 grantsTexas A&M University: $1KTexas A&M University$1KCollege of William and Mary: $1KCollege of William and Mary$1KUniversity of California Irvine: $500University of CaliforniaIrvine$500Colorado College: $500Colorado College$500

The largest 2024 recipient was University of Nevada Las Vegas ($4K). Together the top 10 received $20K.

Organizations only. It also paid 6 individual scholarships ($11,500), which are not listed by name.

Grant Size Distribution

77 grants across all recorded years

77<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 77 grants of 77 (100%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in several states. California accounted for 48%, Nevada 12%, New York 11%, Georgia 9%, and Massachusetts 8%.

Grant Distribution by State

20states

Share of 2024 grant dollars across all 21 itemized grants.

Cities

Los AngelesAtlantaKnoxvilleSanta BarbaraWilliamsburgBaton RougeIrvineWashingtonBerkeleyCambridgeColorado SpringHanoverIndianapolisIthacaBinghamtonClemsonCollege ParkCollege StationHonoluluLas Vegas

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K10 grants2020 13 grants2021 16 grants2022 17 grants2023 21 grants2024

From 2020 to 2024, annual grant giving ranged from $18K (2020) to $33K (2024). In 2024 it made 21 grants totaling $33K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
6 individual scholarships Recipients not named —$11,500
University of Nevada Las Vegas Las Vegas, NVScholarship - Kenneth Morris$4,000
Ithaca College Ithaca, NYScholarship - Christopher M Brown$3,500
University of California Los Angeles Los Angeles, CAScholarship - Ethan Rome$3,000
Massachusetts Institute of Technology Cambridge, MAScholarship - Belinda Vela$2,500
Georgia Institute of Technology Atlanta, GAScholarship - Christian Vela$2,500
Texas A&M University College Station, TXScholarship - Jaxon Draughon$1,000
College of William and Mary Williamsburg, VAScholarship - Helena Pavlovcic$1,000
University of California Irvine Irvine, CAScholarship - Morgan Ayres$500
University of California Santa Barbara Santa Barbara, CAScholarship - Caitlin Cruz$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$406,007$24,666$52,093$33,00021$48,000$20,635$33,415
2023$386,860$18,013$56,921$33,00017$53,000$14,092$19,147
2022$379,977$24,671$34,715$30,50016$30,500$20,456$20,052
2021$486,903$33,379$26,660$22,00013$22,000$28,719$22,732
2020$443,812$17,322$21,388$17,50010—$13,434$19,123

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.

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

Mission & Focus Areas

The foundation’s stated activity is its scholarship program for eligible children of Universal Music Group employees. Its 2024 grants included colleges and universities. For example, California State University Long Beach describes its mission as supporting the university through research, entrepreneurship, community service, sponsored programs, and acquisition of private resources. MIT describes its mission as advancing knowledge and educating students in science, technology, and other areas of scholarship.

Grantmaking

In 2024, the foundation reported 21 grants totaling $33,000. Grants ranged from $500 to $4,000, with a median of $500. The largest grants included $4,000 to Antelope Valley College-Palmdale Campus for the Kevin Hara scholarship and $4,000 to the University of Nevada Las Vegas for the Kenneth Morris scholarship. Other larger awards included $3,500 to Ithaca College and $3,000 each to UCLA, California State University Long Beach, and an individual recipient State University San Luis Obispo.

The 2024 filing also listed $2,500 grants to MIT and Georgia Institute of Technology, and $1,000 grants to Texas A&M University and the College of William and Mary. The filing says the foundation does not restrict giving to preselected organizations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jason Gallien as an officer and director; Jeffrey S Harleston as an officer/director until March 27, 2024; and Notoya Brown, Susan Mazo, and Matt Reichstein as directors. Anh Le is listed as assistant treasurer and Peter Rosenzweig as treasurer.

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 University of Nevada Las Vegas ($4,000), Ithaca College ($3,500) and University of California Los Angeles ($3,000), according to its 2024 IRS Form 990-PF. It also paid 6 individual scholarships ($11,500), which are not listed by name. Together they received 32% 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 does Universal Music Group Lew Wasserman fund?

The foundation’s stated activity is its scholarship program for eligible children of Universal Music Group employees. Its 2024 grants included colleges and universities. See mission & focus areas ↑

How do I apply for a grant from Universal Music Group Lew Wasserman?

The filing identifies Universal Music Group Inc as the contact and says the scholarship program’s administration, including forms and materials, restrictions on awards, and deadlines, is handled by Scholarship America. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Universal Music Group Lew Wasserman's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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