Worldquant Foundation
Worldquant Foundation is a private foundation, based in Old Greenwich, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.3M in total assets. In 2024, it awarded 7 grants totaling $6.1M. Net investment income was $240K.
Worldquant Foundation at a glance
In short: Worldquant Foundation gave $6.1M across 7 grants in 2024 (avg $878K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,148,801
- +40.7% vs 2023
- Grants made (2024)
- 7
- +40.0% vs 2023
- Average grant
- $878,400
- +0.5% vs 2023
- Median grant
- $30,000
- Total assets
- $22,349,905
- +173.9% vs 2023
- Primary geography
- Louisiana (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Worldquant Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Worldquant University ($5.6M). Together the top 7 received $6.1M.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 16 grants of 37 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Worldquant Foundation gives
- Giving fell 41% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.2M (2020) to $10.4M (2021). In 2024 it made 7 grants totaling $6.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Worldquant University New Orleans, LA | Educational Purpose | $5,560,101 |
| Milken Institute New York, NY | Educational Purpose | $300,000 |
| Carnegie Hall Corp New York, NY | Educational Purpose | $198,700 |
| CASA Verde Home of Hope White Plains, NY | Educational Purpose | $30,000 |
| Orphaned Starfish Foundation New York, NY | Educational Purpose | $25,000 |
| Student Advocacy Elmsford, NY | Educational Purpose | $25,000 |
| Boys and Girls Club of Greenwich Greenwich, CT | Educational Purpose | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $22,349,905 | $20,273,761 | $6,249,913 | $6,148,801 | 7 | $6,241,402 | $240,486 | $337,860 |
| 2023 | $8,159,256 | $6,493,574 | $4,471,480 | $4,368,600 | 5 | $4,463,640 | $185,734 | $220,502 |
| 2022 | $6,317,562 | $10,013,442 | $4,773,839 | $4,672,200 | 9 | $4,766,150 | $16,953 | $173,025 |
| 2021 | $252,959 | $17,910 | $10,493,731 | $10,392,450 | 10 | $10,486,250 | $10,429 | $225,362 |
| 2020 | $10,526,780 | $10,054,432 | $2,342,202 | $2,233,000 | 6 | — | $19,606 | $147,575 |
Under IRS private-foundation payout rules, Worldquant Foundation reported a distributable amount of $338K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Worldquant Foundation is led by Igor Tulchinsky, President, Treasurer & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Igor Tulchinsky
President, Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Jonathan Marom
V President & Director
On filings since 2020
1 hr/week
No compensation reported
Jeff Blomberg
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael Deaddio (2020) — V President & Director
Data from IRS Form 990 filings, 2020–2024. "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 Worldquant Foundation
How much does Worldquant Foundation give each year?
Worldquant Foundation gave $6.1M across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.4M across 5 grants.
What is Worldquant Foundation's typical grant size?
Worldquant Foundation's median grant in 2024 was $30,000, and its average grant was $878,400, across 7 grants on its 2024 IRS Form 990-PF.
Where does Worldquant Foundation give grants?
Worldquant Foundation gives mostly in Louisiana: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (9%). The most frequent recipient cities were New York, NY (3 grants).
Does Worldquant Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Worldquant Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Purpose" (7 grants).
Who are Worldquant Foundation's largest grantees?
Worldquant Foundation's largest 2024 grantees include Worldquant University ($5,560,101), Milken Institute ($300,000) and Carnegie Hall Corp ($198,700), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Worldquant Foundation?
Worldquant Foundation reported $22.3M in total assets on its 2024 IRS Form 990-PF. It paid out $6.2M in qualifying distributions that year, against a required minimum of $338K (roughly 5% of its investment assets).
What is Worldquant Foundation's EIN?
Worldquant Foundation's EIN (Employer Identification Number) is 26-3576736. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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