Weiss Asset Management Foundation

Private foundation · EIN 38-6888725 · since 2010wamfoundation.org·International, Netherlands, New York, Ohio, South Africa·Updated 13 October 2026

At a glance

$6.2M
Annual giving, 2024 tax year
From the Form 990-PF filing
$50,000 to $1.5M
Grant range
From the funder's website
$325k
Typical grant (median)
6 grants in the latest filing
Open to applications
Rolling, no deadlines · unsolicited applications welcome

Overview

Weiss Asset Management Foundation is a US private foundation based in Boston, MA.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The Foundation funds programmes and research to alleviate human suffering globally, with activities intended primarily to benefit people in low- and lower-middle-income countries. It supports work across all sectors, including direct delivery of evidence-based programming, research that generates evidence to inform programmes or policies, and catalytic activity that can unlock larger-scale investment and implementation by governments, multilateral development banks and other funders. Eligible applicants include US-based 501(c)(3) nonprofits, nonprofit educational institutions and non-US nonprofits with an equivalency determination; it also invites organisations and researchers whose work is highly cost-effective. It judges proposals by expected impact per dollar and supports work that otherwise might not take place, including risky work where expected value is sufficiently high. Its support includes project-based and general support grants.

Geographic Focus

Priority: Low- and lower-middle-income countries. From its grants, not stated by the foundation: Ohio; New York; South Africa; The Netherlands.

What They Don't Fund

  • Individuals
  • For-profit entities
  • Government entities (U.S. or non-U.S.)
  • International organizations (e.g., the United Nations, World Bank)
  • Political or lobbying entities
  • Activities that are not secular in nature
  • Indirect costs (e.g., a percentage for overhead)
  • Medical trials with the primary objective of developing new drugs or treatments or medical trials that otherwise advance basic natural or physical science
  • Activities to influence legislation, whether in the United States or in other countries

How to apply

Applicants submit proposals using the Proposal Submission Form.

Application success factors

  • Repeat giving: In its TY2024 filing, 6% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 15 grants to organisations were $200,000 or less.

What the foundation says:

  • The Foundation assesses proposals on the expected cost-effectiveness of the intervention.
  • It judges proposals on expected return per dollar and weighs the likelihood that other funders would support the proposal.
  • For general support, the committee looks favourably on proposals that demonstrate a plausible pathway to sustained funding.
  • It is willing to accept greater uncertainty when the potential upside is sufficiently large.
  • Prospective applicants are encouraged to review the FAQs and RFP carefully and submit a proposal if they believe their project is a strong fit.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Ohio59%
New York19%
Massachusetts<1%
Washington<1%

Outside the US or with no state on the filing: 22%

  • The largest single recipient received 59% of grant dollars to organisations.
  • In tax year 2024, 6% of grant dollars went to organisations Weiss Asset Management Foundation had funded in earlier filings.
  • 22% of grant dollars went directly to organisations outside the US (South Africa, The Netherlands, Uganda, United Kingdom).
  • 59% of grant dollars went to intermediaries that regrant to other organisations.

Grants

6 grants in the latest filing analysed · median $325k

How much do they typically give?

Share of 6 grants in tax year 2024 by size

$100k–$250k33%
$250k–$500k33%
$500k–$1M17%
$1M and over17%

Median $325k (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Fidelity Charitable Gift Fund · General
    $4,500,0002024 tax year
  • University Of Capetown · General
    $700,0002024 tax year
  • Alima USA · General
    $400,0002024 tax year
  • Kyaninga Child Development Centre · General
    $250,0002024 tax year
  • Icpcn · General
    $179,8502024 tax year
  • Emergency Medicine Kenya Foundation · General
    $131,7502024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Daniel Fu — Vice President
  • Daniel Bradford — Vice President
  • Benjamin Kornfeld — Director
  • Matt Rinaldi — Director
  • Andrew Weiss — Director, President

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$959,116$883,335$10,399,299Filing for 2022 tax year
2023 tax year$932,493$595,876$19,275,100Filing for 2023 tax year
2024 tax year$6,562,637$6,161,600$19,502,983Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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