EIN 92-0384293

The Michael Wassmer Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2023
Most recent tax filings
2022-12-01
Description
The Michael Wassmer Foundation is dedicated to providing need-based scholarships to passionate and motivated high school students from the Richmond region to help them achieve their academic goals. The foundation was founded in September 2022 and annually awards scholarships of $30,000. Multiple scholarships are awarded each year to outstanding students with demonstrated financial need in the area.
Total revenues
$251,626
2022
Total expenses
$16,708
2022
Total assets
$168,092
2022
Num. employees
0
2022

Who funds The Michael Wassmer Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
HJC Family FoundationOperational Support$5,000

Personnel at The Michael Wassmer Foundation

NameTitleCompensation
Andrea WassmerPresident , Director$0

Financials for The Michael Wassmer Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$244,480
Investment income and dividends$1,680
Net rental income$0
Net gain from sale of non-inventory assets$5,466
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$251,626

Form 990s for The Michael Wassmer Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-15990PFView PDF
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from HJC Family Foundation
July 7, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 3, 2023
Updated personnel
Identified 4 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsTax deductible donationsNo full-time employees
General information
Address
3701 Glades End LN
Henrico, VA 23233
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
wassmerfoundation.org/ 
Phone
(804) 775-1060
IRS details
EIN
92-0384293
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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