WPM Foundation

Foundation · Grantmaker Wilmington, DE EIN: 99-3682745

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

2states

Share of all 2 itemized 2025 grant dollars.

Cities

CambridgeTustin

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K1 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Prion Alliance Inc: $2KPrion Alliance Inc$2KPurpose of Recovery Inc: $2KPurpose of Recovery Inc$2K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PRION ALLIANCE INC Cambridge, MAGeneral & Unrestricted$2,000
PURPOSE OF RECOVERY INC Tustin, CAGeneral & Unrestricted$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M20242025
Metric20252024
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

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
  4. Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
  5. 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.

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