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Weissberg Foundation

MCLEAN, VA EIN: 54-1475954 Website

The Weissberg Foundation is a family foundation established in 1988 and headquartered in McLean, Virginia. As a 501(c)(3) private grantmaking foundation, it operates with a focus on advancing racial equity and social justice in the United States, with particular emphasis on the Commonwealth of Virginia and the Washington, DC metropolitan area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223.0M

+6.4% YoY

Annual Giving

$9.6M

+261.6% YoY

Grant Count

143

+127.0% YoY

Avg Grant Size

$67K

+59.3% YoY

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

Mission & Focus Areas

Vision: The Weissberg Foundation envisions a world that recognizes inequities and actively seeks to dismantle structural racism by continuously building access, opportunity, and power so that all can thrive.

Mission: Through funding, amplification, capacity building, and collaboration, the foundation advances organizations and efforts building power of those most negatively impacted by racism.

Core Values:

  • Racial Equity & Justice
  • Listening & Learning
  • Building Power & Community

Primary Focus Areas:

  • Strengthening social justice and combating poverty
  • Improving health and enriching the arts
  • Supporting grassroots community organizations and social justice movements led by People of Color who have been systems-impacted
  • Programs targeting underserved segments of society
  • Outreach that crosses and bridges ethnic and cultural communities
  • Artistic endeavors located in and genuinely involved with underserved communities
  • Young organizations committed to new approaches to old problems
  • Community-centered initiatives and innovative approaches to effect socio-economic change
  • Building multi-racial coalitions across every region of Virginia
  • Supporting artists, performers, and activists

Grantmaking

The foundation accepts proposals and maintains a contact form on its website for inquiries related to strategic grantmaking, investing for impact, internalizing racial equity, and influencing philanthropy.

Grant Range

$184

Average Grant

$184

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on:

  • The Washington, DC metropolitan area
  • Commonwealth of Virginia (statewide commitment)
  • Multiple U.S. cities and states including California, Colorado, Florida, Maryland, New Jersey, New Mexico, New York, Tennessee, Texas, and Wisconsin

Grant Distribution by State

23states
+15 more states

Cities

AlbuquerqueAlexandriaAnnandaleArlingtonAtlantaAugustaBaltimoreBeloitBethesdaBig Stone GapBlacksburgBrooklynCaryCharlottesvilleChesterfieldColumbiaDanvilleDenverDetroitDurham

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $222,958,559
  • Total Revenue: $21,530,589
  • Total Expenses: $12,934,512
  • Annual Giving: Approximately $2.7 million

As of 2023:

  • Total Assets: $210,000,000
  • Revenue: $183,000,000
  • Expenses: $4,920,856
  • Total Liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50M$101M$151M$201M20202021202220232024
Metric202420232022
Total Assets$222,958,559$209,623,957$55,409,974
Revenue$21,530,589$182,934,492$10,540,371
Expenses$12,934,512$4,920,856$2,903,992
Qualifying Distributions$11,354,071$4,005,723$2,723,083
Net Investment Income$12,849,777$12,075,353$34,592,831
Distributable Amount$10,452,718$6,187,542$2,197,295

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M77 grants202065 grants202182 grants202263 grants2023143 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BELOIT COLLEGE$460KCOMMUNITY CHANGE$200KINDIGENOUS CONSERVATION …$200KCASA INC$175KDEFENDING RIGHTS AND DIS…$175KAPPALACHIA COMMUNITY FUND$100KAPPALACHIAN COMMUNITY FUND$100KAPPALACHIAN COMMUNITY FUND$100KBLACK IN APPALACHIA$100KBLACK VOTERS MATTER CAPA…$100K

Grant Size Distribution

250 grants across all recorded years

195<$50K36$50–100K14$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Directors:

  • Tamara Copeland (Chair, Independent Trustee)
  • Wesley Weissberg (Vice Chair)
  • Nina V. Weissberg (Treasurer)
  • Edward Jones (Trustee)
  • Rachel Martin (Trustee)
  • Courtney Morris (Trustee)

Staff:

  • Ricshawn Adkins Roane (Executive Director)
  • Leah Salgado (Director, Narrative Power)

The foundation employs approximately 4-5 staff members.

Compensation Overview

From 2024 IRS filing

RICSHAWN ADKINS ROANEEXECUTIVE DIRECTOR$309KTAMARA COPELANDTRUSTEE$24KCOURTNEY MORRISCHAIR$21KEDWARD JONESVICE CHAIR$17KRACHEL MARTINTRUSTEE$8K

From 2024 filing

NameTitleHoursCompensation
RICSHAWN ADKINS ROANEEXECUTIVE DIRECTOR40$308,738
COURTNEY MORRISCHAIR10$20,875
EDWARD JONESVICE CHAIR4$16,625
NINA V WEISSBERGTREASURER5
TAMARA COPELANDTRUSTEE8$23,875
RACHEL MARTINTRUSTEE2$8,063
WESLEY WEISSBERGTRUSTEE2

Recent News & Activity

Recent developments and announcements

The foundation is committed to a long-term, Commonwealth-wide initiative dedicated to dismantling structural racism. It is actively resourcing Black, Indigenous, and Communities of Color as they build multi-racial coalitions across every region of Virginia. The foundation emphasizes that for every dollar awarded by foundations for work in the U.S., only 6 cents goes to racial equity work and only 1 cent goes to racial justice work, underscoring the foundation's commitment to addressing this gap.

Weiss Asset Management Foundation Announces More Than $15 Million in Grants

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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