Joseph and Florence Wassner Foundation Inc

Overview

The Joseph and Florence Wassner Foundation Inc. is a private foundation based in New York City. The organization was established in 2003 and is recognized as a tax-exempt entity by the IRS[1][3].

Mission and Focus

The foundation primarily focuses on supporting general welfare causes, aligning its mission with promoting public benefit[4]. However, specific details about its mission or the scope of its activities are not widely available.

Financial and Grant Activity

In recent years, the foundation has had limited grant-making activity. For instance, in 2023, it reported no grants awarded[2]. Historical data also show sporadic grantmaking, with records indicating one award each in several previous years, including 2011, 2012, 2013, 2021, and 2022[2].

Financial Status

As of the latest available data (2023), the foundation reported no revenue and minimal expenses of $275. Its total assets were valued at $370, with no liabilities recorded[5].

History and Structure

The organization has been filing tax returns as required by the IRS, providing financial insights into its operations. However, extensive details about its leadership, governance structure, or specific initiatives supported are not readily accessible in public records.

[1] https://fconline.foundationcenter.org/fdo-grantmaker-profile?key=WASS032 [2] https://www.instrumentl.com/990-report/joseph-and-florence-wassner-foundation-inc [3] https://projects.propublica.org/nonprofits/organizations/20671182/202021979349101212/full/ [4] https://www.causeiq.com/organizations/joseph-and-florence-wassner-foundation,020671182/ [5] https://projects.propublica.org/nonprofits/organizations/20671182