Funder DirectoryWELLSPRING PHILANTHROPIC FUND INC
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Private foundation (trust)EIN 223692921Est. 2000-11

WELLSPRING PHILANTHROPIC FUND INC

NEW YORK, NY 10018

Total Assets

$134.4M

FY 2023

Annual Giving

$326.0M

FY 2023

Grants Made

1,101

FY 2023

Avg Grant

$296K

FY 2023

Grant Range

$500–$9.8M

Typical

Deadlines

Applications

Programs & Activities

Program 1

$1.6M

Capacity building

Program 2

$338K

Grantee collaboration

Program 3

$274K

Strategic communications

Program 4

$38K

Philanthropic advocacy

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$329.3M

Total Expenses

$372.1M

Qualifying Distributions

$372.9M

Distributable Amount

$10.5M

Min. Investment Return

$10.6M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

1,101 grants

Grant sizes from minimum $500 through median $200K to maximum $9.8M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

500 grants

NEO PHILANTHROPY INC
$12.0M
7 grants
AMERICAN JEWISH WORLD SERVICE INC
$10.3M
2 grants
NEW VENTURE FUND
$5.3M
9 grants
HUMAN RIGHTS WATCH INC
$4.9M
1 grant
AMALGAMATED CHARITABLE FOUNDATION INC
$4.3M
5 grants
THE AGENCY FUND
$4.2M
2 grants
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
$3.9M
4 grants
INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION
$3.6M
3 grants

Grant Size Distribution

500 grants

<$10K
$10–50K
$50–250K
147
grants
$250K–1M
318
grants
$1–5M
33
grants
$5M+
2
grants

Geographic Focus

34 states

New York
$62.9M
30% of total
District of Columbia
$53.1M
25% of total
California
$33.9M
16% of total
Massachusetts
$11.8M
6% of total
Georgia
$5.5M
3% of total
Illinois
$4.5M
2% of total
Minnesota
$4.5M
2% of total
Maryland
$3.5M
2% of total
Virginia
$3.2M
2% of total
North Carolina
$3.1M
1% of total

+24 more states

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WELLSPRING PHILANTHROPIC FUND INC — Grants, Financials & Contact | Grantivo