Wellington Management Foundation
Wellington Management Foundation is a private grantmaking foundation based in Boston, Massachusetts, established in August 1992. The foundation operates as a 501(c)(3) charitable organization dedicated to supporting educational initiatives and programs that serve underprivileged youth in its communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$46.5M
-1.9% YoY
Annual Giving
$4.9M
-20.4% YoY
Grant Count
75
-10.7% YoY
Avg Grant Size
$66K
-10.8% YoY
Mission & Focus Areas
The foundation's mission is to support best-in-class programs and organizations in its communities that improve education and educational opportunities for under-resourced youth.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Wellington Management Company LLP (WMC) provides comprehensive support to the foundation at no charge, including office space, investment advisory services, and administrative support. In 2024, WMC provided in-kind support valued at $297,241 and paid foundation expenses totaling $179,009.
Grant Range
s range from $10,000 to $1,425,000
Ready to take the next step with Wellington Management Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends to domestic organizations across the United States, with particular emphasis on Massachusetts, Illinois, and New York, as well as international organizations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $47.4 million
- Total Revenue: $7.54 million
- Total Expenses: $8.36 million
- Total Liabilities: $6.84 million
- Total Giving: $7.02 million
As of 2022:
- Total Assets: $46.9 million
- Total Revenue: $5.6 million
The foundation maintains a high program expense ratio of 98%, indicating that the substantial majority of resources are directed toward charitable grants and programs.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,540,318 | $47,425,522 | $46,877,204 |
| Revenue | $11,829,758 | $7,544,126 | $5,586,457 |
| Expenses | $7,364,686 | $8,364,281 | $13,103,637 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,920,240 | $3,119,133 | $1,510,295 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from Wellington Management Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston Debate league ($200,000), City Year Inc ($200,000), Bottom Line ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Boston Debate league Boston, MA | SEE PART IV | $200,000 |
| City Year Inc Boston, MA | SEE PART IV | $200,000 |
| Bottom Line Boston, MA | SEE PART IV | $100,000 |
| Duet Inc Milton, MA | SEE PART IV | $100,000 |
| The Institute for Nonprofit practice Boston, MA | SEE PART IV | $100,000 |
| Council for Economic Education New York, NY | SEE PART IV | $90,000 |
| African Community Education Worcester, MA | SEE PART IV | $60,000 |
| AIM High for High School San Francisco, CA | SEE PART IV | $60,000 |
| Alexander Twilight Academy Jamaica Plain, MA | SEE PART IV | $60,000 |
| Alma Del Mar Charter Schools New BedfoROAD, MA | SEE PART IV | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WELLINGTON TRUST COMPANY NA | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has made several notable catalyst grants to organizations focused on education and youth development:
Wellington Management Foundation Provides $250,000 Catalyst Grant to Steppingstone**Boston Scores**: $250,000 catalyst gift
Wellington Management Foundation Provides $250,000 Catalyst Grant to Steppingstone**Steppingstone Scholars**: $250,000 catalyst grant in partnership with GRASP and Penn Engineering
Wellington Management Foundation Provides $250,000 Catalyst Grant to Steppingstone**Minds Matter Boston**: Largest gift in the organization's history
**Massachusetts Parent-Child Home Program (MA PCHP)**: Catalyst gift to Malden program
**826 Boston**: Catalyst gift to support youth writing programs
Contact Information
Address: 280 Congress Street, Boston, MA 02210-1023
Website: www.wellington.com
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Wellington Management Foundation fund?
The foundation's mission is to support best-in-class programs and organizations in its communities that improve education and educational opportunities for under-resourced youth. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Wellington Management Foundation?
**Grant Activity:** • In 2024, the foundation funded 75 domestic organizations and 17 foreign organizations • In 2022, the foundation extended grants to 92 domestic organizations and 16 foreign organizations • Grant sizes range from $10,000 to $1,425,000 • Typical awards fall between $10,000 and $1,425,000 **Operational Support:** Wellington Management Company LLP (WMC) provides comprehensive support to the foundation at no charge, including office space, investment advisory services, and admin…
Where does Wellington Management Foundation make grants?
The foundation's grantmaking extends to domestic organizations across the United States, with particular emphasis on Massachusetts, Illinois, and New York, as well as international organizations.
What size grants does Wellington Management Foundation award?
In 2024, Wellington Management Foundation awarded 75 grants totaling $4.9M — an average of about $66K per grant, based on its IRS Form 990 filings.
What is Wellington Management Foundation's EIN?
Wellington Management Foundation's EIN (Employer Identification Number) is 04-6700836. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Wellington Management Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Cummings Foundation Grants Inc (fka Oneworld Boston Inc)
WOBURN, MA
Assets
$258.2M
Grants
658
Total Given
$38.2M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Bushrod H Campbell & Adah F Hall
BOSTON, MA
Assets
$15.9M
Grants
177
Total Given
$1.4M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Wellington Management Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities