Westerman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNETT SQUARE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $58K. Net investment income was $82K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+1.9% YoY
Annual Giving
$58K
+6.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$58K
+6.0% YoY
Under IRS private-foundation payout rules, Westerman Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
About Westerman Foundation
Based on IRS filings
Westerman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNETT SQUARE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $58K. Net investment income was $82K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,162,645 | $1,141,228 | $1,065,405 |
| Revenue | $102,705 | $123,715 | $200,541 |
| Expenses | $61,838 | $60,192 | $65,576 |
| Qualifying Distributions | $57,871 | $60,192 | $65,576 |
| Net Investment Income | $81,808 | $105,702 | $169,945 |
| Distributable Amount | $66,278 | $58,134 | $58,071 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($57,871).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS KENNETT SQUARE, PA | DONATIONS | $57,871 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD WESTERMAN | MANAGING dIRECTOR | 3 | — |
| CARLA WESTERMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Westerman Foundation?
Westerman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KENNETT SQUARE, PA. It holds $1.2M in total assets as of 2024.
How large is Westerman Foundation?
As of 2024, Westerman Foundation holds $1.2M in total assets with $103K in annual revenue. It awarded 1 grants totaling $58K in 2024.
Where does Westerman Foundation operate?
Westerman Foundation has awarded grants in Pennsylvania.
What size grants does Westerman Foundation award?
In 2024, Westerman Foundation awarded 1 grants totaling $58K — an average of about $58K per grant, based on its IRS Form 990 filings.
How much is Westerman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Westerman Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Westerman Foundation's EIN?
Westerman Foundation's EIN (Employer Identification Number) is 51-0381929. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Westerman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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