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Wasserman Foundation

Profile

Last Updated: 2016-04-15

At A Glance

Wasserman Foundation

10960 Wilshire Blvd., 5th Fl.

Los Angeles, CA United States 90024-3708

Telephone: (310) 407-0200

URL: www.wassermanfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Entertainment

Financial Data

(yr. ended 2014-12-31)

Assets: $179,894,278

Total giving: $24,271,334

EIN

956038762

BRIDGE Number

5358067711

Background

Incorporated in 1952 in CA - Founded by Lew and Edie Wasserman. The late Lew Wasserman was a prominent Hollywood agent and manager with Music Corporation of America (MCA). In 1995, President Bill Clinton awarded Mr. Wasserman the Presidential Medal of Freedom.

Purpose and Activities

Giving primarily to organizations focused on advancing and promoting education, environmental responsibility, health and welfare, and the arts. With a diversified list of recipients, the foundation continually strives to partner with groups that are committed to assisting those less fortunate, and bettering the community at large.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation has made a PRI to a university for upkeep and maintenance of a campus building.

Fields of Interest

Subjects
  • Diseases and conditions
  • Environment
  • Higher education
  • Hospital care
  • Human services
  • Nonprofits
  • Performing arts
  • Public policy
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $179,894,278 (market value)

Expenditures: $20,076,925

Total giving: $24,271,334

Qualifying distributions: $24,715,890