Wells Fargo Regional Foundation logo

Wells Fargo Regional Foundation

Grantmaker Philadelphia, PA EIN: 22-2625990 Website

Wells Fargo Regional Foundation was a private foundation based in Philadelphia, Pennsylvania. It supported resident-driven neighborhood revitalization and community development in eastern Pennsylvania, New Jersey, and Delaware. Its operations ceased in 2021, and its assets and programmatic activities were transferred to the Philadelphia Foundation, where the successor organization became known as the Regional Foundation, LLC.

Key facts about Wells Fargo Regional Foundation

EIN
22-2625990
Latest 990 filing
Form 990 filing, 2022
How to apply
The filing refers applicants to attached materials for the form and materials, deadlines, and award restrictions. Full details ↓

Data from IRS Form 990 filing, 2022; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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

Mission & Focus Areas

The Regional Foundation’s stated mission is to advance racial, social, and economic justice through resident-led community development that builds equitable, thriving neighborhoods. Its opportunities are directed to nonprofit entities engaged in resident-driven community development. The foundation identifies community development corporations, healthcare institutions, municipal-level planning nonprofits, and creative placemaking organizations among its current and former grantee partners.

Its listed funding opportunities include neighborhood planning and implementation grants, program-related investments, capacity strengthening grants, and responsive grants. Its materials describe supported project areas such as affordable housing and housing preservation, housing counseling, community safety, education, human services, commercial corridors and small-business development, creative placemaking, and open or green space.

Examples of organizations supported in 2020 include Impact Services Corporation, whose stated mission is to help people in need develop the skills and self-sufficiency to reach their potential; Interfaith Neighbors Inc., which describes providing assistance and affordable housing alongside community development; and Mt. Airy USA, which describes its work as preserving and advancing a vibrant Philadelphia neighborhood.

Grantmaking

The foundation reported 54 grants totaling $5,713,083 in 2020. Selected 2020 awards included $297,000 to Share Our Strength, $250,000 each to Impact Services Corporation and Interfaith Neighbors Inc., and $200,000 to Mt. Airy USA. Share Our Strength describes its mission as addressing child hunger and poverty; Impact Services Corporation focuses on self-sufficiency for people in need; Interfaith Neighbors provides assistance and affordable housing; and Mt. Airy USA works to preserve and advance its community.

Review Cycle

, and award restrictions.

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Geographic Focus

Where this funder awards grants

The Regional Foundation’s current service area covers 62 counties in eastern Pennsylvania, New Jersey, and Delaware. Its county list includes Philadelphia and surrounding and other Pennsylvania counties, counties across New Jersey, and Kent, New Castle, and Sussex counties in Delaware. The Wells Fargo Regional Foundation’s programmatic activities and assets transferred to the Regional Foundation, which stated that the assets would remain focused on this tri-state geography.

Grant Distribution by State

4states

Cities

PhiladelphiaNewarkWilmingtonCamdenLancasterWashingtonAsbury ParkBridgetonBryn MawrDeptfordDoverEastonEgg Harbor TownshipExtonLatrobeMilfordMillvilleMt LaurelNew BrunswickNewtown

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M54 grants2020 0 grants2021 0 grants2022

In 2020 it made 54 grants totaling $5.7M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

54 grants across all recorded years

14<$50K12$50–100K24$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 24 grants of 54 (44%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2022.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2020 $100,935,836 $9,651,227 $6,220,426 $5,713,083; 54 grants
2021 — $224,530 $133,991 0 grants

The organization reported that it distributed all assets, consisting of cash and investments, to the Philadelphia Foundation during 2021. Its 2022 operations were limited to dissolution.

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022
Metric202220212020
Total Assets——$100,935,836
Revenue—$224,530$9,651,227
Expenses—$133,991$6,220,426
Net Investment Income——$9,318,273
Distributable Amount—$1,860,594$4,303,622

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Leadership team and compensation from IRS filings

Officers and directors listed on the Wells Fargo Regional Foundation’s 2022 filing were John Thurber, chair of the board; Kevin Dow, vice chair of the board; Doug Dimmig, president; Joseph Kirk, executive vice president; Peilin Chen, governance chair; Sidney Hargo, program and planning chair; and board members Robert Durkin, Jonathan Encarnacion, Wanda Hardy, and Craig Drinkard.

Wells Fargo Regional Foundation is led by Doug Dimmig, President on every filing since 2020; none of the 11 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Doug Dimmig

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Thurber

    Chair of Board

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peilin Chen

    Governance Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sidney Hargo

    Program & Planning Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christian Willauer

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Craig Drinkard

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jonathan Encarnacion

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Kirk

    Executive Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kevin Dow

    Vice Chair of Board

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Durkin

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Wanda Hardy

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Wells Fargo Regional Foundation
Mailing address: 123 South Broad Street, Phildadelphia, PA 19109
Phone: (215) 670-4300
Website: https://regionalfoundation.org

Frequently asked questions about Wells Fargo Regional Foundation

What does Wells Fargo Regional Foundation fund?

The Regional Foundation’s stated mission is to advance racial, social, and economic justice through resident-led community development that builds equitable, thriving neighborhoods. Its opportunities are directed to nonprofit entities engaged in resident-driven community development. See mission & focus areas ↑

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

The filing refers applicants to attached materials for the form and materials, deadlines, and award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Wells Fargo Regional Foundation make grants?

The Regional Foundation’s current service area covers 62 counties in eastern Pennsylvania, New Jersey, and Delaware. Its county list includes Philadelphia and surrounding and other Pennsylvania counties, counties across New Jersey, and Kent, New Castle, and Sussex counties in Delaware.

What is Wells Fargo Regional Foundation's EIN?

Wells Fargo Regional Foundation's EIN (Employer Identification Number) is 22-2625990. IRS Form 990 filing data is available on this page for 2020–2022.

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

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