Wesley Joseph & Marion Family Foundation

NEWTOWN, PA EIN: 83-0469852

Wesley Joseph & Marion Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $624K in total assets. In 2024, it awarded 1 grants totaling $135K. Net investment income was $38K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$624K

-10.0% YoY

Annual Giving

$135K

+33.7% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$135K

+167.3% YoY

Under IRS private-foundation payout rules, Wesley Joseph & Marion Family Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About Wesley Joseph & Marion Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $21.8M (94%)

Arizona $1.4M (6%)

States

Arizona Pennsylvania

Cities

MediaPhiladelphiaPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$623,691	$692,827	$750,962
Revenue	$70,984	$46,653	$3,624,009
Expenses	$140,120	$104,788	$3,531,220
Qualifying Distributions	$135,000	$102,894	$3,438,295
Net Investment Income	$38,195	$43,189	$1,307,998
Distributable Amount	$31,654	$35,691	$48,736

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jefferson Hospital ($135,000).

Recipient	Purpose	Amount
JEFFERSON HOSPITAL PHILADELPHIA, PA	GENERAL PURPOSE	$135,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOSEPH L WESLEY SR	TRUSTEE	1	—
MARION M WESLEY	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Wesley Joseph & Marion Family Foundation?

Wesley Joseph & Marion Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTOWN, PA. It holds $624K in total assets as of 2024.

How large is Wesley Joseph & Marion Family Foundation?

As of 2024, Wesley Joseph & Marion Family Foundation holds $624K in total assets with $71K in annual revenue. It awarded 1 grants totaling $135K in 2024.

Where does Wesley Joseph & Marion Family Foundation operate?

Wesley Joseph & Marion Family Foundation has awarded grants in Arizona, Pennsylvania.

What size grants does Wesley Joseph & Marion Family Foundation award?

In 2024, Wesley Joseph & Marion Family Foundation awarded 1 grants totaling $135K — an average of about $135K per grant, based on its IRS Form 990 filings.

How much is Wesley Joseph & Marion Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wesley Joseph & Marion Family Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wesley Joseph & Marion Family Foundation's EIN?

Wesley Joseph & Marion Family Foundation's EIN (Employer Identification Number) is 83-0469852. IRS Form 990 filing data is available on this page for 2020–2024.