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Wells Fargo Foundation

Private foundation · Grantmaker Minneapolis, MN EIN: 41-1367441 Website

Looking for Wells Fargo grants for nonprofits? Wells Fargo Foundation is Wells Fargo's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.

Wells Fargo Foundation is a private foundation based in Minneapolis, Minnesota. It supports nonprofit organizations through national and local grantmaking focused on financial opportunity, housing access and affordability, and small business growth.

Wells Fargo Foundation at a glance

In short: Wells Fargo Foundation gave $157.4M across 1,376 grants in 2025 (avg $114K), top state California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$157,383,750
+1.4% vs 2024
Grants made (2025)
1,376
-14.5% vs 2024
Average grant
$114,378
+18.7% vs 2024
Median grant
$35,000
Total assets
$8,589,696
-29.8% vs 2024
Primary geography
California (14% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Wells Fargo Foundation

Accepts unsolicited proposals
No
Invitation Only

The foundation does not accept unsolicited requests. Eligible nonprofits may submit a grant interest form to be considered for an invitation; invited organizations apply online using the code provided by their Wells Fargo contact. The application should be concise and follow the section guidelines, explain the problem or opportunity and how the funding would help, and provide expected outcomes.

Review Cycle
Wells Fargo says its grant cycle typically begins in February and ends in October. No specific application deadline is stated.
Deadline
Wells Fargo says its grant cycle typically begins in February and ends in October.
Contact

Mailing address: 600 S 4Th St, Minneapolis, MN 55415-1526
Phone: (612) 667-0064
Website: https://wellsfargo.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Wells Fargo Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Concordance: $8.0MConcordance$8.0MBlackbaud Giving Fund: $6.7M across 4 grantsBlackbaud Giving Fund$6.7M · 4 grantsEnterprise Community Partners Inc: $6.6M across 4 grantsEnterprise Community PartnersInc$6.6M · 4 grantsLocal INITIATIVES Support Corporation: $6.1M across 18 grantsLocal INITIATIVES SupportCorporation$6.1M · 18 grantsHabitat for Humanity International: $5.0M across 2 grantsHabitat for HumanityInternational$5.0M · 2 grantsForest Forward: $3.1M across 3 grantsForest Forward$3.1M · 3 grantsCenter for Land Reform: $3.0M across 2 grantsCenter for Land Reform$3.0M · 2 grantsCommunity Ventures Corporation: $2.6M across 3 grantsCommunity Ventures Corporation$2.6M · 3 grantsAfrican American Leadership Forum: $2.1M across 2 grantsAfrican American LeadershipForum$2.1M · 2 grantsCommunity Foundation for Greater Atlanta: $2.0M across 3 grantsCommunity Foundation forGreater Atlanta$2.0M · 3 grants

The largest 2025 recipient was Concordance ($8.0M). Together the top 10 received $45.3M.

Organizations only. It also paid 4 grants to individuals ($170,000), which are not listed by name.

Grant Size Distribution

2,989 grants across all recorded years

1845<$50K588$50–100K301$100–250K121$250–500K76$500K–1M47$1–5M11$5M+

The most common grant size was under $50K: 1,845 grants of 2,989 (62%).

Geographic Focus

Where this funder awards grants

Wells Fargo describes its grantmaking as serving communities through national and local nonprofit organizations and refers to support for local needs in eligible communities. In 2025, the largest shares of grant dollars by recipient state were California (14%), New York (10%), Texas (8%), Missouri (6%), and North Carolina (6%).

Grant Distribution by State

49states

Share of 2025 grant dollars across all 1,376 itemized grants.

Cities

CharlotteNew YorkLos AngelesWashingtonHoustonSan FranciscoChicagoDallasAtlantaMinneapolisPhiladelphiaOaklandAustinSan DiegoSaint LouisLas VegasSaint PaulDenverRaleighMiami

How Wells Fargo Foundation gives

  • 60% of 2025 grantees were also funded in 2024. Method
  • Giving fell 34% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100M$200M$300M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1,610 grants2024 1,376 grants2025

From 2020 to 2025, annual grant giving ranged from $155.2M (2024) to $299.3M (2020). In 2025 it made 1,376 grants totaling $157.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Concordance St. Louis, MOConcordance Reentry Program National Expansion Jul 2025 - Jun 2028$8,000,000
Enterprise Community Partners Inc Columbia, MDHousing Affordability Breakthrough Challenge$5,000,500
The Blackbaud Giving Fund Charleston, SC2025 CCG Prefund 1$5,000,000
Habitat for Humanity International Americus, GA2025 Wells Fargo Builds & Research / Flexible Funding Grant$4,900,000
African American Leadership Forum Minneapolis, MNSupport for Northside Forward$2,000,000
Center for Land Reform INC Flint, MIExpanding National Heirs' Property Work, PT 2$2,000,000
Local Initiatives Support Corporation New York, NYNew York City WORTH Planning Collaborative$1,875,000
Neighborhood Development Center Inc Saint Paul, MNCapitol Support for the Ruckus Innovation Center$1,800,000
Forest Forward Dallas, TXCapacity Building and Affordable Housing Development Initiative$1,650,000
Compass Working Capital Inc Boston, MAGeneral operating support first three years of strategic plan$1,500,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$8,589,696$154,047,189$157,756,944$157,383,7501,376$157,383,750$20,143,547$1,220,453
2024$12,239,451$116,137,812$155,668,350$155,188,2581,610$155,203,258$17,598,850$1,964,414
2023$50,523,797$256,338,473$218,435,764$217,611,0921$217,645,092$17,763,404$3,056,894
2022$15,207,874$236,798,858$239,915,562$239,279,2941$239,873,444$52,287,184$2,625,320
2021$19,901,969$157,727,777$206,844,688$206,811,3481$206,811,348$678,952$6,964,897
2020$68,712,190$346,026,924$288,599,203$299,271,9301——$14,283,611

Under IRS private-foundation payout rules, Wells Fargo Foundation reported a distributable amount of $1.2M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

No separate mission statement for the foundation is provided. Its stated funding priorities are financial opportunity, housing access and affordability, and small business growth. Wells Fargo describes financial opportunity grants as supporting financial mobility, debt reduction, savings, and wealth-building; housing grants as supporting access to quality, affordable homes; and business grants as supporting entrepreneurs with capital, technical assistance, and networks.

The foundation also identifies sustainability as a priority through its Community Giving program. It may support other local needs in eligible communities, including disaster relief, arts and culture, civic engagement, education, human and social services, and workforce development, but says most giving is intended for its major focus areas.

Examples of supported organizations include Concordance, whose stated mission is to reduce reincarceration through a holistic, evidence-informed re-entry program, and Enterprise Community Partners, which describes its work as addressing the affordable housing crisis. Habitat for Humanity International describes its work as providing safe, affordable homes and addressing poor housing conditions. Neighborhood Development Center says it empowers entrepreneurs and community partners to transform low-income neighborhood economies.

Grantmaking

In filing year 2025, the foundation reported 1,376 grants totaling $157,383,750. Grant amounts ranged from $3,000 to $8,000,000, with a median of $35,000. Among its largest reported grants were $8,000,000 to Concordance for a national re-entry program expansion; $5,000,500 to Enterprise Community Partners for the Housing Affordability Breakthrough Challenge; $5,000,000 to The Blackbaud Giving Fund for “2025 CCG Prefund 1”; and $4,900,000 to Habitat for Humanity International for Wells Fargo Builds and research/flexible funding.

Wells Fargo says its grant process is invitation-based. Eligible organizations may submit a grant interest form to be considered for an invitation; an invitation code is required to access the online application. Applicants must generally be 501(c)(3) organizations, qualified governmental agencies, tribal entities, or public schools or school systems; demonstrate fiscal and administrative stability; and address critical community needs. Proposals are evaluated for measurable outcomes, innovative and scalable solutions, and opportunities for employee involvement. The stated exclusions include individuals, political activity and lobbying, labor, alumni or fraternal groups, sports programs, for-profit entities, and travel grants. Wells Fargo prefers program and project funding over unrestricted event sponsorships, though it considers a limited amount of event sponsorship and asks that applications be submitted at least 90 days before the event.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Darlene Goins as director and president, and Jason Rosenberg as director and chairperson. Other directors listed are Ather Williams III, Bei Ling, Jonathan Weiss, Kristy Fercho, Phillip Smith, and Saul Van Beurden. Ashley Hager and Deanna Ernst are listed as assistant secretaries.

Wells Fargo Foundation is led by Darlene Goins, Director & President on every filing since 2023; none of the 14 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Darlene Goins

    Director & President

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Jason Rosenberg

    Director & Chairperson

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Phillip Daniel Smith

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ather Williams III

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Bei Ling

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Jonathan Weiss

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Saul Van Beurden

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Kristy Fercho

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Kara McShane

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • James C. Gantt

    Vice President

    Vice President - Tax → Vice President & Tax, 2023

    Vice President & Tax → Vice President, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Molly Porter

    Treasurer & Vice President

    Treasurer → Treasurer & Vice President, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Ashley Hager

    Assistant Secretary

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Deanna Ernst

    Assistant Secretary

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Martine Olson-Daniel

    Secretary

    On filings since 2024

    0.5 hrs/week

    No compensation reported

Former officers (20)
  • Former: Fady Hanalla (2020–2024) — Assistant Secretary
  • Former: William M. Daley (2020–2024) — Director & Chairperson
  • Former: Jennifer Gamradt (2024) — Assistant Secretary
  • Former: Ashley Bennum (2020–2023) — Secretary
  • Former: Otis Rolley III (2022–2023) — Director & President
  • Former: Jeanine Zahn (2023) — Assistant Secretary
  • Former: Jeffrey Fink (2020–2022) — Vice President & Tax
  • Former: Jimmie Paschall (2020–2022) — Director
  • Former: Mary E Schaffner (2020–2022) — Secretary
  • Former: Mary T Mack (2020–2022) — Director
  • Former: Mike Weinbach (2021–2022) — Director
  • Former: Robyn Luhning (2021–2022) — Director & President
  • Former: Kleber Santos (2022) — Director
  • Former: Nathan Hurst (2020–2021) — Director & President
  • Former: Ra Lynn Walters (2020–2021) — Treasurer
  • Former: Rene Picazo (2020–2021) — Director
  • Former: Saulus Van Beurden (2020–2021) — Director
  • Former: Walter Dolhare (2020–2021) — Director
  • Former: Debra L McCombs (2020) — Assistant Secretary
  • Former: Jamie Moldafsky (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Wells Fargo Foundation

How much does Wells Fargo Foundation give each year?

Wells Fargo Foundation gave $157.4M across 1,376 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $155.2M across 1,610 grants.

What is Wells Fargo Foundation's typical grant size?

Wells Fargo Foundation's median grant in 2025 was $35,000, and its average grant was $114,378, across 1,376 grants on its 2025 IRS Form 990-PF.

Where does Wells Fargo Foundation give grants?

Wells Fargo Foundation's top state is California, with 14% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (10%) and Texas (8%). The most frequent recipient cities were New York, NY (58 grants), Charlotte, NC (44 grants), Washington, DC (37 grants) and Los Angeles, CA (37 grants).

Does Wells Fargo Foundation give general operating support?

Occasionally: 9% of Wells Fargo Foundation's 2025 grants with a stated purpose (117 of 1,376) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Financial Literacy" (4 grants) and "Business Growth Programming" (3 grants).

Who are Wells Fargo Foundation's largest grantees?

Wells Fargo Foundation's largest 2025 grantees include Concordance ($8,000,000), Blackbaud Giving Fund ($6,747,305 across 4 grants) and Enterprise Community Partners Inc ($6,625,500 across 4 grants), according to its 2025 IRS Form 990-PF. It also paid 4 grants to individuals ($170,000), which are not listed by name. Together they received 14% of its itemized 2025 grant dollars.

How large is Wells Fargo Foundation?

Wells Fargo Foundation reported $8.6M in total assets on its 2025 IRS Form 990-PF. It paid out $157.4M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).

What does Wells Fargo Foundation fund?

No separate mission statement for the foundation is provided. Its stated funding priorities are financial opportunity, housing access and affordability, and small business growth. See mission & focus areas ↑

How do I apply for a grant from Wells Fargo Foundation?

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Wells Fargo Foundation's EIN?

Wells Fargo Foundation's EIN (Employer Identification Number) is 41-1367441. IRS Form 990 filing data is available on this page for 2020–2025.

Does Wells Fargo Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Does Wells Fargo give grants to nonprofits?

Yes. Wells Fargo Foundation, Wells Fargo's company-sponsored foundation, awarded 1,376 grants totaling $157.4M in 2025, according to its IRS Form 990-PF. Wells Fargo may also give through corporate programs that are not reported on the foundation's 990.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 24, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 16, 2024)
  5. Added Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2023

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Cite this profile

Grantable. (2026). Wells Fargo Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/wells-fargo-foundation-morg_129eafec02874df0b72c962930923e6d

BibTeX
@misc{grantable_411367441_2026,
  author       = {{Grantable}},
  title        = {{Wells Fargo Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/wells-fargo-foundation-morg_129eafec02874df0b72c962930923e6d},
  note         = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Wells Fargo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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