WPM Foundation
WPM Foundation is a private foundation, 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.
WPM Foundation at a glance
In short: WPM Foundation gave $4K across 2 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,000
- +33.3% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $2,000
- -33.3% vs 2024
- Median grant
- $2,000
- Total assets
- $1,395,573
- -0.6% vs 2024
- Primary geography
- Massachusetts (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who WPM Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Prion Alliance Inc ($2K). Together the top 2 received $4K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $3K (2024) to $4K (2025). In 2025 it made 2 grants totaling $4K.
Grants by year
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 |
Ready to take the next step with WPM Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,395,573 | $14,794 | $22,931 | $4,000 | 2 | $13,549 | $10,955 | $74,119 |
| 2024 | $1,403,710 | $1,412,903 | $9,193 | $3,000 | 1 | $9,193 | $2,903 | $9,727 |
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.
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(3)
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)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal year 2024
Live grants for the work WPM Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in WPM Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
The Pokorney Family Foundation
Allison Park, PA
The Pokorney Family Foundation supports a range of charitable organizations, with recent grants for parks, Jewish organizations, families, and animal welfare. In 2024 it made 16 grants totaling $72,121, typically around $1,034, primarily in Pennsylvania, with some funding in other states. It accepts requests in writing or by telephone, with no stated deadlines; requests should include the amount and purpose.
Assets
$2.1M
Grants
16
Total Given
$72K
JSRM Foundation-Ixis 4
Pennington, NJ
JSRM FOUNDATION-IXIS 4 funds a varied mix of medical research, education, humanitarian aid, and other charitable work, with 2025 grants ranging from $500 to $250,000 and a median of $10,000. Its 2025 giving went mainly to organizations in California and New York, with additional grants in Massachusetts, Florida, and Washington, D.C. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$8.0M
Grants
14
Total Given
$381K
Avesta Foundation
Southfield, MI
Assets
$823K
Grants
4
Total Given
$5K
Considine Family Foundation
Denver, CO
The Denver-based Considine Family Foundation supports education, religious causes, and medical research and services. Its 2024 grants ranged from $500 to $150,000, with a median of $10,000; most funding went to Colorado, with grants also made in other states. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$18.8M
Grants
32
Total Given
$598K
Tzedakah Foundation
Ardmore, PA
The foundation supports charitable work including Jewish education, community services, cancer research, youth development, and services for people with disabilities. Its 2024 grants ranged from $100 to $100,000, with a median of $1,800; most funding went to Pennsylvania organizations, with additional grants in several other states. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$121K
Grants
36
Total Given
$410K
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
More similar funders
More Funders in Delaware
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from WPM Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
WPM Foundation down — hundreds of funders to go?