Wayfarer Foundation logo

Wayfarer Foundation

Private foundation · Grantmaker Highland Park, IL EIN: 86-2088032 Website

Wayfarer Foundation is a private foundation based in Highland Park, Illinois. Launched in 2021 by Steve Sarowitz, it describes itself as a Bahá’í-inspired organization that funds and supports spiritually rooted and justice-oriented nonprofits, with an emphasis on universal participation and a more hopeful, joyful, and just world.

Wayfarer Foundation at a glance

In short: Wayfarer Foundation gave $23.9M across 166 grants in 2024 (avg $144K), top state Illinois. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$23,912,892
+24.8% vs 2023
Grants made (2024)
166
+8.5% vs 2023
Average grant
$144,054
+15.0% vs 2023
Median grant
$87,500
Total assets
$27,513,938
-49.8% vs 2023
New grantees (estimate)
32% first-time grantees (53 of 166, 2024)
Primary geography
Illinois (45% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Wayfarer Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.

Contact

Mailing address: 1849 Green Bay Rd 280, Highland Park, IL 60035
Phone: (312) 521-2607
Website: https://wayfarerfoundation.org

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

Who Wayfarer Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Horace Holley Foundation: $4.5MHorace Holley Foundation$4.5MNational Spiritual Assembly of the Baha'is of the United States: $1.8MNational Spiritual Assembly ofthe Baha'is of the United…$1.8MMona Foundation: $650KMona Foundation$650KNational Underground Railroad Freedom Center Inc: $500KNational Underground RailroadFreedom Center Inc$500KNew Era Creative Space: $370KNew Era Creative Space$370KParent University: $362KParent University$362KTahirih Justice Center: $340KTahirih Justice Center$340KEquiticity: $325KEquiticity$325KPalenke Arts: $290KPalenke Arts$290KFriends of Givat Haviva Inc: $270KFriends of Givat Haviva Inc$270K

The largest 2024 recipient was Horace Holley Foundation ($4.5M). Together the top 10 received $9.4M.

Grant Size Distribution

475 grants across all recorded years

122<$50K174$50–100K138$100–250K28$250–500K9$500K–1M4$1–5M$5M+

The most common grant size was in the $50–100K range: 174 grants of 475 (37%).

Geographic Focus

Where this funder awards grants

In 2024, Illinois recipients received 45% of grant dollars, followed by California at 11%, New York at 9%, and Washington and the District of Columbia at 3% each.

Grant Distribution by State

35states

Share of 2024 grant dollars across all 166 itemized grants.

Cities

ChicagoNew YorkWashingtonEvanstonOaklandLos AngelesSan FranciscoBostonRapid CitySan DiegoEvanstionMinneapolisPortlandAustinBrooklynCincinnatiDenverDurhamAgoura HillsArlington

Is Wayfarer Foundation open to new grantees?

32%

first-time grantees, 2024

In 2024, 53 of 166 grantees (32%) were first-time recipients. First grants averaged $164K; repeat grants $135K. How we count

Medians: $50K first-time, $100K repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving grew 470% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M49 grants2021 107 grants2022 153 grants2023 166 grants2024

From 2021 to 2024, annual grant giving ranged from $4.2M (2021) to $23.9M (2024). In 2024 it made 166 grants totaling $23.9M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Horace Holley Foundation Evanston, ILGeneral Operating Support$4,500,000
National Spiritual Assembly of the Baha'is of the United States Evanston, ILGeneral Operating Support$1,750,000
Mona Foundation Bellevue, WAGeneral Operating Support$650,000
National Underground Railroad Freedom Center Inc Cincinnati, OHGeneral Operating Support$500,000
New Era Creative Space Peekskill, NYGeneral Operating Support$370,000
Parent University Chicago, ILGeneral Operating Support$362,200
Tahirih Justice Center Falls Church, VAGeneral Operating Support$340,000
Equiticity Chicago, ILGeneral Operating Support$325,000
Palenke Arts Seaside, CAGeneral Operating Support$290,000
Friends of Givat Haviva Inc New York, NYGeneral Operating Support$270,000
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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$27,513,938$1,726,331$28,984,060$23,912,892166$28,471,111$1,497,442$2,084,478
2023$54,783,499$-10,898,607$23,938,980$19,164,170153$23,186,727$70,974,990$2,355,797
2022$89,595,097$100,024,000$10,762,557$9,641,708107$10,762,557—$485,828
2021$333,654$4,731,977$4,398,323$4,193,37749$4,398,323—$42,102

Under IRS private-foundation payout rules, Wayfarer Foundation reported a distributable amount of $2.1M 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 mission is to “advance humankind spiritually towards a future peaceful world civilization.” Its work covers Bahá’í expansion and consolidation, public discourse, and social action. Its stated focus areas include economic prosperity, gender equality, racial justice and unity in diversity, religious harmony, the arts, universal education, and youth empowerment.

Examples of grantees illustrate the range of work supported. Mona Foundation says it supports grassroots initiatives that educate children and empower women and girls. Equiticity describes its work as advancing racial equity through research, advocacy, programs, community mobility rituals, and social enterprises. Palenke Arts says it uses multicultural arts to educate, inspire, and transform its community. Miracle Messages works with people experiencing homelessness on social support and financial security.

Grantmaking

In filing year 2024, the foundation reported 166 grants totaling $23,912,892. Grant amounts ranged from $250 to $4,500,000, with a median of $87,500. The largest awards included $4,500,000 to Horace Holley Foundation, $1,750,000 to the National Spiritual Assembly of the Bahá’ís of the United States, and $650,000 to Mona Foundation. Other notable grants included $500,000 to National Underground Railroad Freedom Center, $370,000 to New Era Creative Space, $362,200 to Parent University, and $340,000 to Tahirih Justice Center. The listed grants were for general operating support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Steven I Sarowitz as president, Justin Baldoni as secretary, Cynthia Barnes-Slater as treasurer, and Laura Herrick as executive director.

Wayfarer Foundation is led by Laura Herrick, Executive Director on every filing since 2021; 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Laura Herrick

    Executive Director

    On filings since 2021

    40 hrs/week

    $107K (2021) → $250K (2024)

  • Steven I. Sarowitz

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cynthia Barnes-Slater

    Treasurer

    Secretary → Treasurer, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Justin Baldoni

    Secretary

    Vice President → Secretary, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Laura Herrick — Executive Director: $250KLaura HerrickExecutive Director$250K

The highest reported compensation on the 2024 filing was $250K, to Laura Herrick (Executive Director).

Frequently asked questions about Wayfarer Foundation

How much does Wayfarer Foundation give each year?

Wayfarer Foundation gave $23.9M across 166 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19.2M across 153 grants.

What is Wayfarer Foundation's typical grant size?

Wayfarer Foundation's median grant in 2024 was $87,500, and its average grant was $144,054, across 166 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Wayfarer Foundation that year got $164K on average.

Where does Wayfarer Foundation give grants?

Wayfarer Foundation's top state is Illinois, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (11%) and New York (9%). The most frequent recipient cities were Chicago, IL (33 grants), New York, NY (15 grants), Washington, DC (7 grants) and Evanston, IL (5 grants).

Does Wayfarer Foundation give general operating support?

Yes: 100% of Wayfarer Foundation's 2024 grants with a stated purpose (166 of 166) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Wayfarer Foundation's largest grantees?

Wayfarer Foundation's largest 2024 grantees include Horace Holley Foundation ($4,500,000), National Spiritual Assembly of the Baha'is of the United States ($1,750,000) and Mona Foundation ($650,000), according to its 2024 IRS Form 990-PF. Together they received 29% of its itemized 2024 grant dollars.

How large is Wayfarer Foundation?

Wayfarer Foundation reported $27.5M in total assets on its 2024 IRS Form 990-PF. It paid out $28.5M in qualifying distributions that year, against a required minimum of $2.1M (roughly 5% of its investment assets).

What does Wayfarer Foundation fund?

The foundation’s stated mission is to “advance humankind spiritually towards a future peaceful world civilization.” Its work covers Bahá’í expansion and consolidation, public discourse, and social action. See mission & focus areas ↑

How do I apply for a grant from Wayfarer Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Wayfarer Foundation's EIN?

Wayfarer Foundation's EIN (Employer Identification Number) is 86-2088032. IRS Form 990 filing data is available on this page for 2021–2024.

Does Wayfarer Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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 2021–2024

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Cite this profile

Grantable. (2026). Wayfarer Foundation funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/wayfarer-foundation-morg_3a208e32a7d14613a07ce0ee3622bbff

BibTeX
@misc{grantable_862088032_2026,
  author       = {{Grantable}},
  title        = {{Wayfarer Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/wayfarer-foundation-morg_3a208e32a7d14613a07ce0ee3622bbff},
  note         = {Accessed 2026-10-07. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Wayfarer Foundation'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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