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Nonprofit · EIN 38-6888725

WAM FOUNDATION INC

Tax-exempt · BOSTON, MA 02116

Financials

$9.2M$932K2023$5.5M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of WAM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,507,415$6,562,637-$1,055,222$17,110,786$0$17,110,786
December 31, 2023990-PF$9,189,640$932,493$8,257,147$18,166,008$0$18,166,008
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,126,169
Interest
$381,246

Expenses

Grants and similar amounts paid
$6,161,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,346,600
Excise tax on investment income
$5,147

Balance sheet and other

Total assets, start of year
$18,166,008
Total assets, end of year
$17,110,786
Total liabilities, end of year
$0
Net assets, end of year
$17,110,786
Fair market value of assets
$19,502,983
Qualifying distributions
$6,346,600
Net investment income
$381,246

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANDREW WEISS
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR, PRESIDENT1.5$0
MATT RINALDI
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR1.5$0
BENJAMIN KORNFELD
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR1.5$0
DANIEL BRADFORD
222 BERKELEY ST FL 16, BOSTON, MA 02116
VICE PRESIDENT1.5$0
DANIEL FU
222 BERKELEY ST FL 16, BOSTON, MA 02116
VICE PRESIDENT1.5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ANDREW WEISS
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR, PRESIDENT1.5$0
MATT RINALDI
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR1.5$0
BENJAMIN KORNFELD
222 BERKELEY ST FL 16, BOSTON, MA 02116
DIRECTOR1.5$0
DANIEL BRADFORD
222 BERKELEY ST FL 16, BOSTON, MA 02116
VICE PRESIDENT1.5$0
DANIEL FU
222 BERKELEY ST FL 16, BOSTON, MA 02116
VICE PRESIDENT1.5$0

Address and contacts

Address (IRS master file)
222 BERKELEY ST FL 16, BOSTON, MA 02116-3748
In care of
% WEISS ASSET MANAGEMENT
Signed the 990-PF
ANDREW WEISS, PRESIDENT/DIRECTOR
Phone
(617) 778-7780
Return prepared by
PERELSON WEINER ACCOUNTANTS AND ADVISORS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
38-6888725
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$17,110,786
Income (IRS master file)
$5,507,415

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,507,415$6,562,637$17,110,786XML
990-PFDecember 2023$9,189,640$932,493$18,166,008XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-6888725).

Questions about WAM FOUNDATION INC

What is the EIN of WAM FOUNDATION INC?
The employer identification number (EIN) of WAM FOUNDATION INC is 38-6888725.
Is WAM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to WAM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WAM FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WAM FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAM FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of WAM FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does WAM FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,507,415, expenses of $6,562,637 and total assets of $17,110,786 at year end.

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