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EIN 22-3692921

Wellspring Philanthropic Fund

IRS 501(c) type
501(c)(3)
Num. employees
106
City
New York
State
New York
Year formed
2000
Most recent tax filings
2023-11-01
NTEE code, primary
T21: Corporate foundations
Description
The Wellspring Philanthropic Fund is a corporate foundation based in New York, NY, that primarily funds general operating support to decrease gender-based barriers to girls' education and skills, counter conversion efforts, and support TGNC refugees in Turkey. It focuses on capacity building, grantee collaboration, and strategic communications. Last year, it made 997 grants to various organizations, including the American Jewish World Service Inc.
Also known as...
Matan B Seter Foundation
Total revenues
$374,958,422
2023
Total expenses
$319,823,556
2023
Total assets
$180,009,489
2023
Num. employees
106
2023

Program areas at Wellspring Philanthropic Fund

Capacity building
Grantee collaboration
Strategic communications

Grants made by Wellspring Philanthropic Fund

GranteeGrant descriptionAmount
American Jewish World ServiceProgrammatic and Institutional Support$11,000,000
Human Rights WatchGeneral Operating Support and Program Support$5,375,000
Gdi-SolutionsPooled Fund on Human Agency$4,733,275
...and 524 more grants made totalling $177,811,255

Who funds Wellspring Philanthropic Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arnold FoundationUnder 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

Financials for Wellspring Philanthropic Fund

RevenuesFYE 11/2023
Total grants, contributions, etc.$366,225,000
Investment income and dividends$8,438,403
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$295,019
Total revenues$374,958,422

Organizations like Wellspring Philanthropic Fund

OrganizationLocationRevenue
Fidelity FoundationBoston, MA$958,894,354
William and Flora Hewlett FoundationMenlo Park, CA$602,064,005
Stoller FoundationHouston, TX$768,796,850
U.S. Bank FoundationMilwaukee, WI$165,636,274
Sequoia Climate FoundationIrvine, CA$289,249,266
Kresge FoundationTroy, MI$279,706,042
William Penn FoundationPhiladelphia, PA$108,930,400
Gordon E and Betty I Moore FoundationPalo Alto, CA$371,750,377
Overdeck Family FoundationNew York, NY$143,732,893
Harry & Jeanette Weinberg FoundationOwings Mills, MD$161,752,607
Data update history
December 6, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 27, 2024
Used new vendors
Identified 3 new vendors, including , , and
January 25, 2024
Updated personnel
Identified 1 new personnel
December 3, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
No issues found
Characteristics
JewishReligiousProvides 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
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0266213
FTB Entity ID
4308200
AB 488 data last updated ("as-of") date
2025-06-18
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