THE MICHAEL WASSMER FOUNDATION
https://WASSMERFOUNDATION.ORG
$1.7M
Total Assets (2024)
$72K
Total Giving (2024)
14
Grants on File (2023–2024)
$7K
Avg Grant Size
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
ANDREA WASSMER
Phone
8045921210
Deadlines
APPLICATIONS OPEN ON JANUARY 15TH AND ARE DUE BY MARCH 15TH OF EACH YEAR.
How to Apply
APPLICATIONS ARE SUBMITTED ONLINE AT WASSMERFOUNDATION.ORG. THE ONLINE APPLICATION ASKS APPLICANTS TO PROVIDE: 1) HIGH SCHOOL TRANSCRIPT; 2) FINANCIAL INFORMATION (FAFSA OR VASA STUDENT AID REPORT AND FINANCIAL AID AWARD LETTERS FROM COLLEGES); 3) RECOMMENDATION; 4) EMPLOYMENT, COMMUNITY SERVICE, EXTRACURRICULAR ACTIVITIES, AWARDS AND HONORS; 5) SHORT ESSAYS; 6) VIDEO SUBMISSION
Restrictions
TO BE ELIGIBLE FOR A MICHAEL WASSMER FOUNDATION SCHOLARSHIP, APPLICANTS MUST: 1) RESIDE IN THE CITY OF RICHMOND OR ANY OF THE FOLLOWING COUNTIES: CHESTERFIELD, GOOCHLAND, HANOVER, HENRICO; 2) BE GRADUATING FROM HIGH SCHOOL IN THE SPRING OF 2025; 3) HAVE A CUMULATIVE GPA OF AT LEAST 3.5; 4) HAVE COMPLETED THE FAFSA OR VASA FOR THE UPCOMING SCHOOL YEAR AND HAVE A STUDENT AID INDEX OF $25,000 OR LESS; 5) INTEND TO ENROLL FULL TIME IN AN ACCREDITED FOUR-YEAR U.S. COLLEGE BEGINNING IN FALL OF 2025. NOTE: ABOVE DATES APPLY TO 2025 APPLICANTS AND SCHOLARSHIPS.
Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2023 | $28K | $1.4M | $1.3M | 4 |
| 2024 | $72K | $1.7M | $539K | 10 |
Grant Size Distribution
Based on 14 grants on record
Minimum
$4K
25th Pctl
$8K
Median
$8K
Average
$7K
75th Pctl
$8K
Maximum
$8K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| CLAUDIA RINALDI | SECRETARY, DIRECTOR | — |
| ANDREA WASSMER | PRESIDENT, DIRECTOR | — |
| ZACHARY WASSMER | DIRECTOR | — |
| OWEN WASSMER | DIRECTOR | — |
Grants Awarded (14 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| COLBY TAYLOR | GLEN ALLEN, VA | $7,500 | 2023 SCHOLARSHIP | 2023 |
| LAURA QUINONEZ | HENRICO, VA | $7,500 | 2023 SCHOLARSHIP | 2023 |
| SUTTON MARKS | MONTPELIER, VA | $7,500 | 2023 SCHOLARSHIP | 2023 |
| PHOENIX UNZUETA | NORTH CHESTERFIELD, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| SUTTON MARKS | MONTPELIER, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| COLBY TAYLOR | GLEN ALLEN, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| DESTINY BIGOS | CHESTERFIELD, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| ELEANOR LOMBARDI | HENRICO, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| ELIZABETH HEROD | HENRICO, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| JAZZ MILES | RICHMOND, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| LAURA QUINONEZ | HENRICO, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| NAJMUDEEN OUERHANI | NORTH CHESTERFIELD, VA | $7,500 | 2024 SCHOLARSHIP | 2024 |
| VYVY MAI | HENRICO, VA | $5,000 | 2023 SCHOLARSHIP | 2023 |
| THAOVY MAI | HENRICO, VA | $4,500 | 2024 SCHOLARSHIP | 2024 |