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Workday Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 46-0563684 Website

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.

Who Workday Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Year up Inc: $1.0MYear up Inc$1.0MGeneration - You Employed Inc: $800KGeneration - You Employed Inc$800KPer Scholas Inc: $500KPer Scholas Inc$500KJobs for the Future Inc: $350KJobs for the Future Inc$350KRockefeller Philanthropy Advisors Inc: $350K across 2 grantsRockefeller PhilanthropyAdvisors Inc$350K · 2 grantsInco Community Inc: $250KInco Community Inc$250KOpportunity at Work Inc: $250KOpportunity at Work Inc$250KGoodness Village: $200KGoodness Village$200KJobcare Limited: $175K across 2 grantsJobcare Limited$175K · 2 grantsCoalfield Development Corporation: $150KCoalfield DevelopmentCorporation$150K

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

159<$50K72$50–100K104$100–250K13$250–500K11$500K–1M6$1–5M$5M+

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

22states

Share of 2025 grant dollars across all 73 itemized grants.

Cities

San FranciscoWashingtonOaklandNew YorkLivermoreBostonChicagoPleasantonHealdsburgLos AngelesSun ValleyAlexandriaAmericusBrooklynDenverKetchumSaint HelenaSanta BarbaraStamfordBerkeley

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

$0$2.5M$5M$7.5M$10M100 grants2021 57 grants2022 60 grants2023 75 grants2024 73 grants2025

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

RecipientPurposeAmount
Year up Inc Boston, MAGeneral & Unrestricted$1,000,000
Generation - You Employed Inc Washington, DCCreating career pathways that unleash human potential through green and mid-career employment$800,000
Per Scholas Inc Bronx, NYLaunching Thriving Tech Careers across 10 Workday markets$500,000
Jobs for the Future Inc Boston, MAMeasurement & Evaluation Collaborative and Horizons 2025 Sponsorship$350,000
Inco Community Inc San Francisco, CAINCO Academy$250,000
Opportunity at Work Inc Washington, DC2024-2025 Tear the Paper Ceiling Coalition Support fund$250,000
Rockefeller Philanthropy Advisors Inc New York, NYNew Pluralists Collaborative project$250,000
Goodness Village Livermore, CABuilding Stability: Essential Operations Support$200,000
Coalfield Development Corporation Huntington, WVAppalachian Climate Technologies Now (ACT Now) 2024$150,000
Grid Alternatives Oakland, CAExpanding Workforce Development Through Job Placement, Data Integration, and Program Growth$150,000
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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$34,829,244$5,806,731$8,121,440$7,625,00073$7,954,699$673,801$1,726,674
2024$38,152,771$8,488,565$8,527,132$8,065,00075$8,320,060$248,032$1,672,156
2023$31,730,299$874,489$7,552,173$7,322,48060$7,485,956$761,399$1,785,882
2022$43,827,189$3,435,808$5,471,378$5,432,00057$5,554,359$302,547$2,257,362
2021$45,128,665$4,520,630$6,128,072$5,529,916100—$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

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS December 15, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 16, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS December 7, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 3, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS December 15, 2025)
  6. IRS filings on file for fiscal years 2021–2025

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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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