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Kjersti Flaa recently opened the possible reasons of the Wayfarer Foundation, owned by businessman Steve Sarowitz with actor Justin Baldoni. Steve has been serving the company since it was formed in 2021.
Apart from that, Sarowitz has worked elsewhere like Paylocity and Blue Marble Payroll, as indicated in his Linkedin profile.
Above all, the news of Wayfarer's closure was announced by the company in May this year through Instagram with a statement.
In a video shared through it YouTube channel On July 6, 2025, Kjersti Flaa praised Steve for saying once the purpose of money is to serve humanity.
The journalist and journalist went to the philanthropic activities of Steve Sarowitz, including $ 160 million donation to the Wayfarer Foundation.
Flaa said that among all of these, Steve was involved in some issues and referred to the same saying:
“It was a goal for a fire that also threatened to abduct her daughter if she did not give this boy $ 80,000. This person threatened them and said that she could afford to pay for the legal bills of Justin Baldoni and millions of dollars in this demand, and you can also afford to pay that money to release your daughter.”
Added:
“Anyway, of course, this was extremely traumatizing to him and this incident is what triggered him to close Wayfarer Foundation.”
Kjersti said that Steve Sarowitz's company was formed to “empower” many people, including women. He also stated that Steve was appointed in the demand of Blake Lively, claiming that he allegedly financed a Frotis campaign.
Flaa mentioned that demand is the reason why multiple charitable organizations have lost their funding.
“There are some calls from people here who received much of their foundation, which are all devastated now, and bewildered because funding was stopped. He said that he would continue to give some of these non -profit private or some of these charitable organizations,” said Flaa.
Kjersti also stated that Sarowitz would now like to keep a little distance from the point of view, as he is directed next to his family members Due to the demand.
According to Steve's Linkedin's profile, Sarowitz completed his higher education at the University of Urban Illinois-Champaign.
Although he is known for being associated with the Wayfarer Foundation for a long time, his trip began in 1996 in Olsen Computer Systems/Paychex as sales and marketing director.
Steve Sarowitz also served as President of the Chicat Council for almost two years. In 2013 it became the CEO by Blue Marble Payroll, which aims to change the international payroll process of different companies.
He has also been the founder and director of Paylocity since 1997.
Then he set up Wayfarer studies with Justin Baldoni In 2019. About two years later, a company philanthropic branch was launched, Wayfarer Foundation, according to today.
The Bio of the Foundation says that it “funds and supports” various non -profit organizations and aims to “create a more hopeful, cheerful and fair world.”
As mentioned, Wayfarer Foundation announced its stop in May 2025, with a statement on social media.
Steve Warowitz wrote in the statement that he is proud of the impact of the organization in many people and added:
“After the unanimous decision of the Board of Directors, today we will begin the sunset process.
Steve Sarowitz added that although the Foundation is closing, it will continue to make contributions to society and the company also works to ensure that all problems are “carefully and carefully”.
Edited by press Deshpande