EIN 22-3692921

Wellspring Philanthropic Fund

IRS 501(c) type
501(c)(3)
Num. employees
99
Year formed
2000
Most recent tax filings
2022-11-01
NTEE code, primary
Description
The Wellspring Philanthropic Fund is a private foundation located in New York, NY that primarily funds operating support, charitable match, accelerating clean energy, climate program support, climate finance, communications, capacity building, and town hall meetings. Its purpose is to provide regional education learning initiatives and capacity building in East Africa as well as support for strategic communications. It made 1,091 grants last year to grantees including Stichting European Climate Foundation and others.
Also known as...
Matan B Seter Foundation
Total revenues
$285,365,023
2022
Total expenses
$329,816,865
2022
Total assets
$74,100,034
2022
Num. employees
99
2022

Program areas at Wellspring Philanthropic Fund

Capacity building
Regional education learning initiative
Grantee collaboration

Grants made by Wellspring Philanthropic Fund

GranteeGrant descriptionAmount
American Jewish World ServiceProgrammatic and Institutional Support for 2022$11,100,000
Human Rights WatchOperating Support and Program Support$5,625,000
New Venture FundCenter for Secure and Modern Elections$3,500,000
...and 571 more grants made totalling $202,579,660

Who funds Wellspring Philanthropic Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arnold FoundationInc Attn Ken Slutsky Tax Exempt Inst GrpUnder Grant Agreement Dated 11/14/22, Arnold Foundation (the "foundation") Granted To WPF the Foundation's Rights To A Security Deposit of $248,173 (the "security Deposit") for the Lease of the Office Space at 1441 Broadway, Suite 1600, New York, Ny (the "premises") Held By the Landlord of the Premises. the Grant Was Made Because the Premises, Which the Foundation Previously Had Leased and Allowed WPF To Use for Its Charitable Purposes Rent-Free, Would Now Be Leased By WPF, Entitling the Foundation To A Return of the Security Deposit and Obligating WPF To Furnish A Security Deposit. the Grant Was Made To Facilitate WPF'S Charitable Activities By Assisting WPF in Leasing the Premises To Continue Housing the Staff Who Conduct Those Activities. WPF Must Use the Security Deposit (Via Its Use of the Premises) Solely To Further Its Charitable Purposes of Making Grants To Other Code Section 501(c)(3) Organizations for Religious, Charitable, Scientific, Literary, and Educational Purposes.$248,173

Personnel at Wellspring Philanthropic Fund

NameTitleCompensation
Jeanne HawsChief Operating Officer$552,854
Lucille RenwickChief Communications Officer$392,532
Jackie WilliamsChief Learning and Evaluation Officer
Jacqueline W KayeChief Learning and Eva$400,976
Todd CoxVice President of Programs$518,018
...and 7 more key personnel

Financials for Wellspring Philanthropic Fund

RevenuesFYE 11/2022
Total grants, contributions, etc.$284,298,173
Investment income and dividends$1,039,501
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$27,349
Total revenues$285,365,023

Form 990s for Wellspring Philanthropic Fund

Fiscal year endingDate received by IRSFormPDF link
2022-112023-10-16990PFView PDF
2021-112022-10-17990PFView PDF
2020-112021-10-15990PFView PDF
2019-112021-06-10990PFView PDF
2018-112020-01-14990PFView PDF
...and 7 more Form 990s

Organizations like Wellspring Philanthropic Fund

OrganizationLocationRevenue
William Penn FoundationPhiladelphia, PA$79,917,908
Novo FoundationKingston, NY$332,640,783
Gordon E and Betty I Moore FoundationPalo Alto, CA$654,188,442
Alfred P Sloan FoundationNew York, NY$118,541,925
Kresge FoundationTroy, MI$244,988,163
The Eric and Wendy Schmidt Fund for Strategic InnovationPalo Alto, CA$126,518,918
Robert Wood Johnson Foundation (RWJF)Princeton, NJ$1,119,236,534
The Colorado Health FoundationDenver, CO$99,986,799
Barr FoundationBoston, MA$269,268,699
The McKnight FoundationMinneapolis, MN$165,036,445
Data update history
January 25, 2024
Updated personnel
Identified 1 new personnel
December 3, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 2, 2023
Updated personnel
Identified 2 new personnel
November 27, 2023
Used new vendors
Identified 2 new vendors, including , and
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $248,173 from Arnold FoundationInc Attn Ken Slutsky Tax Exempt Inst Grp
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsNational levelTax deductible donationsAccepts online donations
General information
Address
10 Times Sq 1441 Broadway
New York, NY 10018
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
wpfund.org/ 
Phone
(212) 609-2622
IRS details
EIN
22-3692921
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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