Weiss Asset Management Foundation Inc
Preselected recipients only
Weiss Asset Management Foundation Inc is a private foundation in Boston, Massachusetts. In tax year 2024 it gave $6.2 million in 6 grants; the typical grant was $325,000 and the largest $4.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$6.2 million
- Number of grants6
- Typical grant$325,000
- Largest grant$4.5 million
- Assets$19.5 million
- New grantees83%
Giving in 2024 was up from $595,876 the year before.
83% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $595,876 | 5 | $19.3 million |
| 2024 | $6.2 million | 6 | $19.5 million |
How to apply
Weiss Asset Management Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Weiss Asset Management Foundation Inc funds
Where it gives
Its US grants went to recipients in 2 states, the most to Ohio. It also paid $1.3 million in 4 grants to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| Ohio | 1 | $4.5 million |
| New York | 1 | $400,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund | General | $4.5 million |
| University of Capetown | General | $700,000 |
| Alima USA Inc | General | $400,000 |
| Kyaninga Child Development Centre | General | $250,000 |
| Icpcn | General | $179,850 |
| Emergency Medicine Kenya Foundation | General | $131,750 |
Officers and trustees
- Andrew Weiss
- Matt Rinaldi
- Benjamin Kornfeld
- Daniel Bradford
- Daniel Fu
Questions people ask
Does Weiss Asset Management Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Weiss Asset Management Foundation Inc give?
$6.2 million in tax year 2024, across 6 grants, with a typical grant of $325,000.
Who runs Weiss Asset Management Foundation Inc?
Its 2024 filing lists Andrew Weiss (Director, President), Matt Rinaldi (Director), Benjamin Kornfeld (Director) and Daniel Bradford (Vice President) among 5 officers and trustees.
What does Weiss Asset Management Foundation Inc fund?
Based on its grants, mainly international.