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THE LANCE R WACHENHEIM FOUNDATION

PURCHASE, NY · EIN 261497632 · Form 990PF · FY2025 · NTEE T22 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$4.0M
expenses
$97K
net assets
$25.9M
employees
profile · synthesized from sources

The Lance R Wachenheim Foundation is a private foundation based in Purchase, New York, that provides general support grants to nonprofit organizations. The foundation funds a range of causes including healthcare, education, veterans' services, and environmental conservation. Its giving is concentrated in the New York region but extends to national and specialized service organizations.

named programs · 1 · from sources

What they call their work

General Support Grant Program
Provides unrestricted funding to nonprofit organizations focused on healthcare, education, youth development, veterans, and environmental conservation
activities · 4 groups

What they do

  • General Operating Support Grants 4 activities
    • Funding general support for animal-assisted therapy and service animal organizations
      Provides general support grants to organizations providing service animals and animal-assisted therapy, including Guiding Eyes for the Blind ($80,000).
    • Funding general support for children's health and family services organizations
      Provides general support grants to organizations focused on children's health and family services, including Friends of Karen ($40,000) and the Fresh Air Fund ($30,000).
    • Funding general support for community services and food security organizations
      Provides general support grants to community-based organizations focused on food security and social services, including Feeding Westchester ($30,000), Martha's Vineyard Community Services ($30,000), Open Door Foundation Inc ($30,000), and White Plains Hospital Foundation ($30,000).
    • Funding general support for healthcare institutions
      Provides general support grants to healthcare institutions, including Blythewood Children's Hospital ($250,000) and White Plains Hospital Foundation ($30,000).
  • Multi-Institution Scholarship Funding 1 activity
    • Funding general support for educational institutions
      Provides general support grants to educational institutions, including Skidmore College ($180,000) and the STEM Alliance of Larchmont-Mamaroneck ($95,000).
  • Environmental Conservation Grantmaking 1 activity
    • Funding general support for environmental conservation organizations
      Provides general support grants to environmental conservation groups, including Oceana ($50,000).
  • Veteran Support Grantmaking 1 activity
    • Funding general support for veterans and workforce training programs
      Provides general support grants to organizations serving veterans and workforce development, including Workshop for Warriors ($150,000).
financials · form 990PF · fy2025
revenue
Total revenue$4.04M
Contributions & grants
Program service revenue
Investment income$1.17M29%
Other revenue$2.87M
expenses
Total expenses$97K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$1.08M
balance sheet
Total assets$25.86M
Cash
Investments
Liabilities
Net assets$25.86M
6 years on record · 2020–2025 · YoY revenue -33.0%
leadership · form 990 part vii · fy2025

Who runs it

board members · 2
  • EDGAR WACHENHEIM III — TRUSTEE
  • LANCE R WACHENHEIM — TRUSTEE
relationships · 12

Who they work with

  • BLYTHEDALE CHILDREN'S HOSPITAL Partner — Receives general support funding
  • FEEDING WESTCHESTER Partner — Receives general support funding
  • FRESH AIR FUND Partner — Receives general support funding
  • FRIENDS OF KAREN Partner — Receives general support funding
  • GUIDING EYES FOR THE BLIND Partner — Receives general support funding
  • MARTHA'S VINEYARD COMMUNITY SERVICES Partner — Receives general support funding
  • OCEANA Partner — Receives general support funding
  • OPEN DOOR FOUNDATION INC Partner — Receives general support funding
  • SKIDMORE COLLEGE Partner — Receives general support funding
  • STEM ALLIANCE OF LARCHMONT-MAMARONECK Partner — Receives general support funding
  • WHITE PLAINS HOSPITAL FOUNDATION Partner — Receives general support funding
  • WORKSHOP FOR WARRIORS Partner — Receives general support funding