Wachtell Lipton Rosen & Katz Foundation
The Wachtell Lipton Rosen & Katz Foundation is a private foundation based in New York, NY, established in 1981. It is a 501(c)(3) organization designated for religious, educational, charitable, scientific, and literary purposes. The foundation is company-sponsored, connected to the law firm Wachtell, Lipton, Rosen & Katz.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34.6M
+8.4% YoY
Annual Giving
$6.8M
+10.6% YoY
Grant Count
97
-3.0% YoY
Avg Grant Size
$70K
+14.0% YoY
Mission & Focus Areas
The foundation supports a diverse range of causes including:
- Education: Higher education, graduate and professional education, law education
- Health: Outpatient medical care, health care clinics, cancer research and treatment
- Legal Services: Legal aid and legal services
- Religion: Judaism
- Human Services: General human services support
- Public Safety and Disaster Management
Grantmaking
Grant Range
s**: Typical awards range from $500 to $1,300,000.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across numerous U.S. cities and states, with particular concentration in:
- New York
- California
- New Jersey
- Illinois
- Massachusetts
- Maryland
- Michigan
- Ohio
- Pennsylvania
- Texas
- Washington, D.C.
- And additional states including Alabama, Arizona, Colorado, Florida, Indiana, Minnesota, Missouri, North Carolina, Tennessee, Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $34,579,527
- Total Revenue: $8,131,923
- Total Expenses: $6,873,083
- Net Income: $1,258,840
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,579,527 | $31,904,315 | $31,415,651 |
| Revenue | $8,131,923 | $5,336,755 | $7,526,178 |
| Expenses | $6,873,083 | $6,214,108 | $7,381,189 |
| Qualifying Distributions | $6,804,833 | $6,151,250 | $7,370,050 |
| Net Investment Income | $1,131,170 | $2,521,203 | $2,651,868 |
| Distributable Amount | $1,669,139 | $1,555,883 | $1,696,167 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Martin Lipton - President
- Herbert M. Wachtell - Vice President/Secretary
- Constance Monte - VP/Treasurer
All serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTIN LIPTON | PRESIDENT/Director | 1 | — |
| HERBERT M WACHTELL | Vice Pres/Secretary/Director | 1 | — |
| CONSTANCE MONTE | VP/TREASURER/Director | 1 | — |
| EDWARD D HERLIHY | Vice President/Director | 1 | — |
| DANIEL A NEFF | Vice President/Director | 1 | — |
| Jodi J Schwartz | Vice President/Director | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported notable initiatives including a $1.5 million grant to WPTI (Workforce Professionals Training Institute) to help New York City foster youth develop career pathways.
PRESS RELEASE: WPTI Awarded $1.5 Million to Help NYC Foster Youth Develop\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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