Overview
- The Wayfarer Foundation, established in 2016 to support spiritually-rooted nonprofit initiatives, is shutting down following a unanimous board decision.
- The closure was announced via an Instagram statement by co-founder Steve Sarowitz, who expressed pride in the foundation’s impact and commitment to honoring current grants.
- The foundation has distributed $33 million to nonprofits addressing issues such as gender equality, racial justice, and youth empowerment over its nine-year history.
- The wind-down coincides with Justin Baldoni’s ongoing legal battle with Blake Lively, which involves allegations of sexual harassment and countersuits for defamation, with trial set for March 2026.
- No specific reasons for the foundation’s closure have been disclosed, though operations will conclude over the coming weeks with care and attention to existing commitments.