Wasserstrom Foundation
The Wasserstrom Foundation is a private foundation established in 1963 and based in Columbus, Ohio. It operates as a 501(c)(3) organization with tax-exempt status. The foundation is classified as a corporate foundation and maintains offices at 4500 E Broad Street, Columbus, OH 43213.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.7M
+3.8% YoY
Annual Giving
$443K
+109.5% YoY
Grant Count
18
+50.0% YoY
Avg Grant Size
$25K
+39.6% YoY
Under IRS private-foundation payout rules, Wasserstrom Foundation reported a distributable amount of $394K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on recent grantmaking activity, the foundation focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation demonstrates particular engagement with Jewish community organizations and causes in Ohio.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, with particular concentration in the Columbus area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
- Total Assets: $6,727,508
- Total Revenue: $725,308
- Total Expenses: $480,737
- Total Liabilities: $0
Revenue Breakdown (FY 2024):
- Grants and contributions: $490,750
- Investment income and dividends: $218,953
- Net gain from sale of non-inventory assets: $15,605
Year-over-Year Changes (FY 2024 vs. FY 2023):
- Total grants and contributions increased 95.7%
- Investment income increased 1.9%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,727,508 | $6,482,937 | $6,163,842 |
| Revenue | $725,308 | $565,441 | $662,506 |
| Expenses | $480,737 | $246,346 | $297,828 |
| Qualifying Distributions | $443,272 | $211,636 | $253,500 |
| Net Investment Income | $218,953 | $214,795 | $154,612 |
| Distributable Amount | $394,153 | $353,851 | $355,960 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish ColumbusAnnual Campaign ($245,000), Nationwide Childrens Hosp Found ($50,000), Ohio Restaurant Hospitaltity ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Lifetown New Albany, OH | Programs | $5,000 |
| Jewish Community Center Columbus, OH | Programs | $8,500 |
| The Ohio State Foundation Columbus, OH | Programs | $6,000 |
| Bexley Education Foundation Bexley, OH | Fund Excellence | $1,000 |
| Bexley Community Foundation Bexley, OH | Bexley Celebrate Events | $4,072 |
| Columbus Jewish Foundation Columbus, OH | Wasserstrom Founders Fund | $5,000 |
| Jewish ColumbusAnnual Campaign Columbus, OH | Big Give | $245,000 |
| Columbus St Com Coll Culinary Sch Columbus, OH | Taste of Future | $20,000 |
| Nationwide Childrens Hosp Found Columbus, OH | Expansion | $50,000 |
| Tifereth Israil Columbus, OH | Programs | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rodney Wasserstrom | Trustee | — | — |
| Alan Wasserstrom | Trustee | — | — |
Contact Information
- Website: www.wasserstrom.com
- Phone: 614-228-6525
- Address: 4500 E Broad Street, Columbus, OH 43213-1360
Frequently Asked Questions
What does Wasserstrom Foundation fund?
The foundation has not publicly provided a formal mission statement. However, based on recent grantmaking activity, the foundation focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation demonstrates particular engagement with Jewish community organizations and causes in Ohio.
How do I apply for a grant from Wasserstrom Foundation?
**Grant Activity (Fiscal Year 2024):** • Total giving: $443,272 • Number of grants: 16 grants made • Typical award range: $500–$245,000 **Recent Grant Recipients (2024):** • Columbus Jewish Historical Society: $15,000 (Programs) • The Jewish Community Center of Greater Columbus: $8,500 (Programs) • Columbus Jewish Foundation: $5,000 (Wasserstrom Founders Fund)
Where does Wasserstrom Foundation make grants?
The foundation primarily funds organizations in Ohio, with particular concentration in the Columbus area.
What size grants does Wasserstrom Foundation award?
In 2024, Wasserstrom Foundation awarded 18 grants totaling $443K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Wasserstrom Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wasserstrom Foundation reported a distributable amount of $394K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wasserstrom Foundation's EIN?
Wasserstrom Foundation's EIN (Employer Identification Number) is 31-6041116. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Wasserstrom Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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