WPM Foundation
WPM Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 2 grants totaling $4K. Net investment income was $11K.
Key facts about WPM Foundation
In short: WPM Foundation gave $4K across 2 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 99-3682745
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $4,000
- Grants made (2025)
- 2
- Average grant
- $2,000
- Median grant
- $2,000
- Total assets
- $1,395,573
- Primary geography
- Massachusetts (50% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.6% YoY
Annual Giving
$4K
+33.3% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$2K
-33.3% YoY
Under IRS private-foundation payout rules, WPM Foundation reported a distributable amount of $74K for 2025 — the minimum it must pay out in qualifying distributions.
How WPM Foundation gives
- In 2025 it paid out 18% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PRION ALLIANCE INC Cambridge, MA | General & Unrestricted | $2,000 |
| PURPOSE OF RECOVERY INC Tustin, CA | General & Unrestricted | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $1,395,573 | $1,403,710 |
| Revenue | $14,794 | $1,412,903 |
| Expenses | $22,931 | $9,193 |
| Qualifying Distributions | $13,549 | $9,193 |
| Net Investment Income | $10,955 | $2,903 |
| Distributable Amount | $74,119 | $9,727 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal year 2024
Leadership & Key People
Officers and directors from IRS filings
WPM Foundation is led by Philip Cheng, President, Director, Secretary & Treasurer on every filing since 2024 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Philip Cheng
President, Director, Secretary & Treasurer
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about WPM Foundation
How much does WPM Foundation give each year?
WPM Foundation gave $4K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.
How large is WPM Foundation?
WPM Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $74K (roughly 5% of its investment assets).
What is WPM Foundation?
WPM Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $1.4M in total assets as of 2025.
Where does WPM Foundation operate?
WPM Foundation has awarded grants in California, Massachusetts.
What is WPM Foundation's EIN?
WPM Foundation's EIN (Employer Identification Number) is 99-3682745. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching WPM Foundation by hand.
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