Wasserman Foundation is an independent non-profit foundation based in Los Angeles, California. Established in 1952 by Lew and Edie Wasserman, the foundation primarily focuses on advancing and promoting education, environmental responsibility, health & welfare, and the arts. With a diversified list of recipients, the foundation continually tries to partner with groups that are committed to assisting the less fortunate and bettering the community at large. The assets are managed by the executive management team.Wasserman Foundation's investment portfolio is valued at over $138.91 million as of December 31, 2018, with investments in domestic and international equity, fixed income, private equity, and cash.