Wayne and Joan Webber Foundation

CLINTON TOWNSHIP, MI EIN: 38-3390733

The Wayne and Joan Webber Foundation is a private foundation established in 1998 and located in Clinton Township, Michigan. It operates as a 501(c)(3) organization with tax-exempt status since May 1999.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.9M

+4.3% YoY

Grant Count

35

+12.9% YoY

Avg Grant Size

$111K

-7.6% YoY

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

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, its grantmaking demonstrates support across multiple sectors including education, healthcare, arts and culture, and community development.

Grantmaking

Grant Range

$25,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Michigan, with particular emphasis on the Detroit area and surrounding regions.

Grant Distribution by State

7states

Cities

Ann ArborBENZONIABeulahDETROITDetroitFAIR HAVENFarmington HillsGross Pointe FarmsGrosse Pointe FarmsHillsdaleHonorLAKE ORIONLIVONIALivoniaMACOMBMT CLEMENSMacomb TownshipMemphisMt ClemensNEW BALTIMORE

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total assets: $31.4 - $36 million
  • Total revenues: $893,880
  • Total expenses: $4,099,842
  • Annual giving rate: 11.8% of assets
  • Number of employees: 0 (foundation staff)

Historical Comparison (2022):

  • Total assets: $34.6 million
  • Total giving: $904,000
  • Number of grants: 27
  • Median grant: $20,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$7M29 grants202027 grants202129 grants202231 grants202335 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Regents of the Unive…$1.0MGleaners Community Food …$678KBEYOND BASICS$592KLOYOLA HIGH SCHOOL$275KDETROIT INSTITUTE OF ARTS$250KNEW DAY FOUNDATION$150KSalvation Army$150KLiving Water$150KVarious Elementary Schools$60KSt Jude's Children's Res…$50K

Grant Size Distribution

151 grants across all recorded years

105<$50K18$50–100K14$100–250K5$250–500K5$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Cynthia Helisek — President/Director (40 hours/week, $135,000 compensation)
  • David Larsen — Secretary/Treasurer (1 hour/week, $4,400 compensation)
  • Demetrios Papageorgiou — Director (5 hours/week, no compensation listed)

Compensation Overview

From 2024 IRS filing

CYNTHIA HELISEKPRESIDENT/DIRECTOR$135KDAVID LARSENSECRETARY/TREASURER$6K

From 2024 filing

NameTitleHoursCompensation
DAVID LARSENSECRETARY/TREASURER1$5,801
CYNTHIA HELISEKPRESIDENT/DIRECTOR40$135,000
DEMETRIOS PAPAGEORGIOUDIRECTOR5

Recent News & Activity

Recent developments and announcements

The foundation has made significant recent contributions to major Detroit institutions:

2008

Presented a $5 million gift to the Detroit Institute of Arts in support of educational programs, bringing total support to the DIA to nearly $10 million since 2008

Detroit Institute of Arts celebrates new $5 million gift from Wayne and Joan

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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