Wexner Foundation
- Assets
- $6.4m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, OH
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 23-7320631
Organization Overview
Wexner Foundation is located in New Albany, OH. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wexner Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wexner Foundation generated $10.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $9.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wexner Foundation has awarded 59 individual grants totaling $4,682,732. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS EDUCATION PROGRAM TO STRENGTHEN JEWISH COMMUNITY LEADERS THROUGH INTENSIVE STUDY OF TEXT IN BIBLE, HISTORY, PHILOSOPHY AND LAW LED BY EXPERIENCED CLERGY & FACULTY. SEE ATTACHMENT 1 - PROGRAM FOR PROGRAM DESCRIPTION.
LEADERSHIP DEVELOPMENT PROGRAM FOR MID-CAREER LEADERS IN ISRAEL'S PUBLIC SECTOR. WEXNER ISRAEL FELLOWSHIP PROGRAM IS UNIQUE PARTNERSHIP BETWEEN WEXNER FOUNDATION, ISRAEL CIVIL SERVICE AND HARVARD. SEE ATTACHMENT 2 - APPLICATION.
WEXNER GRADUATE FELLOWSHIP/DAVIDSON SCHOLARS PROGRAM PROVIDES LEADERSHIP DEVELOPMENT FOR JEWISH COMMUNAL PROFESSIONALS IN GRADUATE SCHOOLS. SEE ATTACHMENT 2 - APPLICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Abrahamson President | 40 | $707,353 | |
Dennis S Hersch Secretary, Trustee | 5 | $250,000 | |
Gordon I Mars VP | 40 | $232,938 | |
Jay H Moses VP | 40 | $194,698 | |
Yaffa B Epstein Director, Wexner Her | 40 | $191,435 | |
Stephanie R Zelkind Director, Wexner Gra | 40 | $176,924 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lori Baron | 12/30/21 | $63,600 |
Rabbi Maurice Corson | 12/30/21 | $69,336 |
Brian Mandell | 12/30/21 | $80,000 |
Big Kitty Labs Llc | 12/30/21 | $109,675 |
Larry Moses | 12/30/21 | $96,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,976,055 |
| Interest on Savings | $135 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,976,190 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,384,989 |
| Other employee salaries and wages | $1,935,543 |
| Pension plans, employee benefits | $852,546 |
| Interest | $0 |
| Taxes | $450 |
| Depreciation | $199,063 |
| Occupancy | $618,480 |
| Travel, conferences, and meetings | $1,135,951 |
| Printing and publications | $152,478 |
| Other expenses | $748,966 |
| Total operating and administrative expenses | $7,688,134 |
| Contributions, gifts, grants paid | $1,688,462 |
| Total expenses and disbursements | $9,376,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,498 |
| Savings and temporary cash investments | $1,934,187 |
| Net Accounts receivable | $543 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $908,277 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,489,347 |
| Other assets | $0 |
| Total assets | $6,442,852 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wexner Foundation has awarded $1,688,462 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $666,925 |
New York, NY PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $180,000 |
HEBREW UNION COLLEGE PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $150,000 |
New York, NY PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $90,000 |
HEBREW COLLEGE PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $75,000 |
YESHIVA HADAR PURPOSE: TO FUND EDUCATIONAL FELLOWSHIPS | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Wexner Foundation has recieved totaling $9,414,555.
| Awarding Organization | Amount |
|---|---|
The Wexner Family Charitable Fund New Albany, OH PURPOSE: SUPPORT THE DEVELOPMENT OF JEWISH PROFESSIONAL AND VOLUNTEER LEADERS | $8,000,000 |
William Davidson Foundation Birmingham, MI PURPOSE: TO SUPPORT THE WEXNER GRADUATE FELLOWSHIP/DAVIDSON SCHOLARS PROGRAM | $664,625 |
William Davidson Foundation Birmingham, MI PURPOSE: TO SUPPORT THE WEXNER GRADUATE FELLOWSHIP/DAVIDSON SCHOLARS PROGRAM | $455,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: WEXNER FIELD FELLOWSHIP AND ALUMNI ACTIVITIES | $294,930 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |