Funder DirectoryTHE WETSMAN FOUNDATION
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Private foundation (trust)EIN 386056692Est. 1962-06

THE WETSMAN FOUNDATION

BIRMINGHAM, MI 48009

Total Assets

$4.1M

FY 2024

Annual Giving

$64K

FY 2024

Grants Made

18

FY 2024

Avg Grant

$4K

FY 2024

Grant Range

$250–$10K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$228K

Total Expenses

$95K

Qualifying Distributions

$64K

Distributable Amount

$187K

Min. Investment Return

$193K

Payout rate 34%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.34%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

18 grants

Grant sizes from minimum $250 through median $2K to maximum $10K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $297K in 2018. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

164 grants

DETROIT INSTITUE OF ARTS
$478K
6 grants
JEWISH FEDERATION OF METRO DETROIT
$100K
4 grants
UNIVERSITY OF MICHIGAN
$70K
4 grants
THE MUSIC CENTER
$55K
6 grants
JEWISH FEDERATION OF GREATER DETROI
$55K
1 grant
PLANNED PARENTHOOD MID AND SOUTH MICHIGAN
$40K
3 grants
MUSEUM TRUSTEE ASSOCIATION
$34K
6 grants
PLANNED PARENTHOOD MID
$33K
3 grants

Grant Size Distribution

164 grants

<$10K
147
grants
$10–50K
13
grants
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Michigan
$902K
81% of total
California
$129K
12% of total
Maryland
$34K
3% of total
New York
$30K
3% of total
Connecticut
$10K
1% of total
Ohio
$8K
1% of total
Illinois
$1K
0% of total
Wisconsin
$1K
0% of total

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THE WETSMAN FOUNDATION — Grants, Financials & Contact | Grantivo