Workday Foundation
The Workday Foundation is a private foundation based in Wilmington, Delaware. It supports workforce development and initiatives intended to strengthen human connection and community resilience in the AI era.
Workday Foundation at a glance
In short: Workday Foundation gave $7.6M across 73 grants in 2025 (avg $104K), top state Massachusetts. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,625,000
- -5.5% vs 2024
- Grants made (2025)
- 73
- -2.7% vs 2024
- Average grant
- $104,452
- -2.9% vs 2024
- Median grant
- $75,000
- Total assets
- $34,829,244
- -8.7% vs 2024
- New grantees (estimate)
- 17% first-time grantees (12 of 69, 2025)
- Primary geography
- Massachusetts (21% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Workday Foundation
- Accepts unsolicited proposals
- No
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://workday.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Workday Foundation
Who Workday Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Year up Inc ($1.0M). Together the top 10 received $4.0M.
Grant Size Distribution
365 grants across all recorded years
The most common grant size was under $50K: 159 grants of 365 (44%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were concentrated among recipients in Massachusetts (21%), the District of Columbia (20%), California (18%), and New York (17%). The listed grants also include recipients in West Virginia and an organization described as working in Europe.
Grant Distribution by State
Share of 2025 grant dollars across all 73 itemized grants.
States
Cities
Is Workday Foundation open to new grantees?
17%
first-time grantees, 2025
In 2025, 12 of 69 grantees (17%) were first-time recipients. First grants averaged $78K; repeat grants $117K. How we count
Medians: $100K first-time, $75K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving grew 40% from 2022 to 2025. Method
- In 2025 it paid out 461% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). 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
From 2021 to 2025, annual grant giving ranged from $5.4M (2022) to $8.1M (2024). In 2025 it made 73 grants totaling $7.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Year up Inc Boston, MA | General & Unrestricted | $1,000,000 |
| Generation - You Employed Inc Washington, DC | Creating career pathways that unleash human potential through green and mid-career employment | $800,000 |
| Per Scholas Inc Bronx, NY | Launching Thriving Tech Careers across 10 Workday markets | $500,000 |
| Jobs for the Future Inc Boston, MA | Measurement & Evaluation Collaborative and Horizons 2025 Sponsorship | $350,000 |
| Inco Community Inc San Francisco, CA | INCO Academy | $250,000 |
| Opportunity at Work Inc Washington, DC | 2024-2025 Tear the Paper Ceiling Coalition Support fund | $250,000 |
| Rockefeller Philanthropy Advisors Inc New York, NY | New Pluralists Collaborative project | $250,000 |
| Goodness Village Livermore, CA | Building Stability: Essential Operations Support | $200,000 |
| Coalfield Development Corporation Huntington, WV | Appalachian Climate Technologies Now (ACT Now) 2024 | $150,000 |
| Grid Alternatives Oakland, CA | Expanding Workforce Development Through Job Placement, Data Integration, and Program Growth | $150,000 |
Ready to take the next step with Workday Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $34,829,244 | $5,806,731 | $8,121,440 | $7,625,000 | 73 | $7,954,699 | $673,801 | $1,726,674 |
| 2024 | $38,152,771 | $8,488,565 | $8,527,132 | $8,065,000 | 75 | $8,320,060 | $248,032 | $1,672,156 |
| 2023 | $31,730,299 | $874,489 | $7,552,173 | $7,322,480 | 60 | $7,485,956 | $761,399 | $1,785,882 |
| 2022 | $43,827,189 | $3,435,808 | $5,471,378 | $5,432,000 | 57 | $5,554,359 | $302,547 | $2,257,362 |
| 2021 | $45,128,665 | $4,520,630 | $6,128,072 | $5,529,916 | 100 | — | $5,013,316 | $2,034,906 |
Under IRS private-foundation payout rules, Workday Foundation reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its mission as elevating human potential through purposeful work and meaningful connection in the AI era. Its workforce development grants support organizations that equip people with AI skills, technical training, and stackable credentials for careers in a range of industries. Its Upstream Grant Fund supports prevention initiatives involving disaster preparedness, health emergencies, and human connection. The foundation also describes Opportunity Onramps® as a workforce development movement providing paid training, internships, and job opportunities to candidates from diverse backgrounds.
Examples of supported organizations illustrate the range of its workforce-related giving. Year Up says its mission is to help young adults gain skills, experience, and support for careers and higher education. Generation You Employed says it works to prepare, place, and support people in careers that might otherwise be inaccessible. Per Scholas says it advances economic mobility through training, professional development, and employer connections, with the goal of making tech careers accessible to more communities. In other areas, Goodness Village describes its work as providing permanent supportive housing and services to chronically unsheltered people, while Coalfield Development Corporation says it addresses generational poverty in rural communities through employment-based social enterprise and development.
Grantmaking
In 2025, the foundation awarded 73 grants totaling $7,625,000. Grants ranged from $2,500 to $1,000,000, with a median grant of $75,000.
Notable 2025 grants included $1,000,000 to Year Up for general and unrestricted support; $800,000 to Generation You Employed for career pathways through green and mid-career employment; $500,000 to Per Scholas for launching tech careers across 10 Workday markets; and $350,000 to Jobs for the Future for a measurement and evaluation collaborative and Horizons 2025 sponsorship. Other grants included $250,000 to INCO Community for INCO Academy, $250,000 to Opportunity at Work for coalition support, and $150,000 to Coalfield Development Corporation for Appalachian Climate Technologies Now.
The foundation’s website describes a workforce development grant process in which organizations may submit a description of their work for consideration; if there is a fit, the foundation will request further information. Full proposals are by invitation only. Separately, the foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jay Banfield, Aneel Bhusri, Carl Eschenbach, Michael Frandsen, Anthony La Russa Jr., Carol Lindstrom, and Stephen E. Taylor as directors. Aneel Bhusri is listed as Chairman of the Board. Ian Gibson is Treasurer, Caitlin Safradin is Secretary, and Carrie Varoquiers is Executive Director. The foundation’s website also identifies Varoquiers as Workday’s Chief Impact Officer.
Workday Foundation is led by Carrie Varoquiers, Executive Director on every filing since 2021; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carrie Varoquiers
Executive Director
On filings since 2021
30 hrs/week
No compensation reported
Aneel Bhusri
Chairman of Board & Director
On filings since 2021
1 hr/week
No compensation reported
Anthony La Russa Jr.
Director
On filings since 2021
1 hr/week
No compensation reported
Carol Lindstrom
Director
On filings since 2021
1 hr/week
No compensation reported
J Steven Young
Director
On filings since 2021
1 hr/week
No compensation reported
Michael Frandsen
Director
On filings since 2021
1 hr/week
No compensation reported
Stephen E Taylor
Director
On filings since 2021
1 hr/week
No compensation reported
Jay Banfield
Director
On filings since 2022
1 hr/week
No compensation reported
Carl Eschenbach
Director
On filings since 2024
1 hr/week
No compensation reported
Caitlin Safradin
Secretary
Assistant Secretary → Assistant Sec* & Secretary, 2022
Assistant Sec* & Secretary → Secretary, 2023
On filings since 2021
40 hrs/week
No compensation reported
Ian Gibson
Treasurer
On filings since 2022
4 hrs/week
No compensation reported
Former officers (2)
- Former: James P Shaughnessy (2021–2022) — Secretary & Treasurer
- Former: Janice Du (2021–2022) — Assistant Treasurer & Treasurer
Data from IRS Form 990 filings, 2021–2025. "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 Workday Foundation
How much does Workday Foundation give each year?
Workday Foundation gave $7.6M across 73 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8.1M across 75 grants.
What is Workday Foundation's typical grant size?
Workday Foundation's median grant in 2025 was $75,000, and its average grant was $104,452, across 73 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Workday Foundation that year got $78K on average.
Where does Workday Foundation give grants?
Workday Foundation's top state is Massachusetts, with 21% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were District of Columbia (20%) and California (18%). The most frequent recipient cities were San Francisco, CA (8 grants), Washington, DC (7 grants), New York, NY (6 grants) and Boston, MA (3 grants).
Does Workday Foundation give general operating support?
Yes: 36% of Workday Foundation's 2025 grants with a stated purpose (26 of 73) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Workday Foundation's largest grantees?
Workday Foundation's largest 2025 grantees include Year up Inc ($1,000,000), Generation - You Employed Inc ($800,000) and Per Scholas Inc ($500,000), according to its 2025 IRS Form 990-PF. Together they received 30% of its itemized 2025 grant dollars.
How large is Workday Foundation?
Workday Foundation reported $34.8M in total assets on its 2025 IRS Form 990-PF. It paid out $8.0M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does Workday Foundation fund?
The foundation describes its mission as elevating human potential through purposeful work and meaningful connection in the AI era. See mission & focus areas ↑
How do I apply for a grant from Workday Foundation?
Workday Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check workday.com for any change to that policy.
What is Workday Foundation's EIN?
Workday Foundation's EIN (Employer Identification Number) is 46-0563684. IRS Form 990 filing data is available on this page for 2021–2025.
Does Workday Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS December 16, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS December 7, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 3, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS December 15, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Workday Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Workday Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/workday-foundation-morg_c966f402dc6a4aa892d08a22a2253370
BibTeX
@misc{grantable_460563684_2026,
author = {{Grantable}},
title = {{Workday Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/workday-foundation-morg_c966f402dc6a4aa892d08a22a2253370},
note = {Accessed 2026-10-10. 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 Workday 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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