At Wellington Management, we believe in actively investing in the communities in which we live and work.
We seek to actively support the communities in which we live and work. The following are just some of the ways we engage:
The Wellington Management Foundation was founded in 1992 as the Wellington Management Company Charitable Fund. Since its inception, the US Foundation has shared our culture and values. It relies on Wellington Management employees who volunteer their time and talent through service on the Foundation's Advisory Board, Nonprofit Relationship teams, and the Grant Recommendation Committee. Through the combined generosity of the firm and these individuals, the Foundation is able to direct 100% of donations to organizations that meet its educational mission.
The Wellington Management UK Foundation was established in 2016 to continue in this tradition, making grants to organizations in the UK and Europe. For details specific to their mission and guidelines, please click here.
The mission of the US Foundation is to support best-in-class programs and organizations in our communities that improve education and educational opportunities for underserved youth.
Click here for the Foundation’s Annual Report.
Featured video: Inspiring individuals supported by organizations assisted by our foundation tell their stories.
Our US Foundation funds programs that provide economically disadvantaged youth in our communities with access to high-quality academic education. We believe a strong academic foundation can provide a clear and positive path for the lives of young people. Accordingly, the US Foundation primarily aims to select organizations and programs that support:
Extended learning time
Whom do we fund?
We recognize that economic privilege greatly increases educational opportunities. Therefore, we fund organizations that provide underserved youth in our communities with educational experiences that will enhance their chances for future success.
In August 2015, the US Foundation's Advisory Board announced the launch of a new Catalyst Giving Initiative intended to support organizations already familiar to the Foundation that are showing meaningful and sustainable academic outcomes move forward in a significant way toward their strategic vision.
The Initiative's goals are to:
Since the initiative launched, the Foundation has awarded 17 major gifts totaling over USD 4.7 million to organizations in eastern Massachusetts, Chicago, Philadelphia, and San Francisco. These one-time gifts ranged from USD 200,000 to USD 500,000 and were awarded to:
The Foundation does not accept unsolicited proposals or requests for Catalyst Gifts — please see below for how to apply for our Annual Grant Program.
In 2017/2018 the US Foundation awarded a record USD 3 million to 72 nonprofit organizations in the communities of eastern Massachusetts, greater Philadelphia, Chicago, San Francisco, Tokyo, Hong Kong, Singapore, and Sydney. Grants ranged from USD 15,000 to USD 100,000. Grants to organizations in the UK and Europe were made through the firm’s UK Foundation.
Each of these organizations fulfills a vital role in its community, improving education and educational opportunities for economically disadvantaged youth. See below for a list of this year’s annual grantees, or view our annual report.
After School Sports and Arts Hook
After School and Summer
College Access and Success
The US Foundation has established a third tier of grant making that will allow for the cultivation of relationships with non-profit organizations on partnerships that are:
In the 2017, the US Foundation extended its five-year relationship with City Year under this rubric, by continuing our sponsorship of the McKay School in Boston. This partnership provides a multitude of community engagement, volunteer, and mentoring opportunities for dozens of employees of the firm under the auspices of our Wellington Young Professionals business network.
Two additional projects are in development for 2018 that will address the US Foundation’s interest in early, “venture” philanthropy and in supporting programs that have the potential to diversify the talent pipeline in the financial services industry. More information will be published at a later date.
The Foundation does not accept unsolicited proposals for our Strategic Partnerships.
The US-based Wellington Management Foundation gives Annual Grants to programs that improve the educational opportunities of economically disadvantaged youth in the communities of eastern Massachusetts, greater Philadelphia, Chicago, San Francisco Bay area, Tokyo, Hong Kong, Singapore and Sydney. The Grant Recommendation Committee (GRC), which engages employee volunteers to conduct a review of each new applicant and long term grantee we fund, begins each year in June and grants are made each December.
The Foundation does not accept unsolicited proposals for our Catalyst Gifts or Strategic Partnerships.
The US Foundation does accept a limited number of new applications for Annual Grants each year and has recently implemented a grant making strategy that allows us to keep the pipeline open to fund new organizations and support new initiatives that seek to close the opportunity and achievement gaps in the education of low income youth. This plan sets an expectation for long-term support to organizations and provides more transparency to aid organizations in their planning for fundraising and outreach.
New applicants for Annual Grants will only be considered for participation in the US Foundation’s grant review process if they have submitted a letter of inquiry (LOI). Organizations that have submitted a LOI will be prescreened by the GMA Foundations, and those that best meet the Foundation’s mission and guidelines will be invited to fill out a complete grant application in July and be reviewed as part of the Foundation’s GRC process in September and October. Grants decisions are made and communicated in mid-December and funds are transferred at the end of January.
Grants to new organizations will be awarded with a three-year expectation for grant making, with funding in year one, set at US$25,000, and in years two and three at US$50,000, pending successful annual check-ins. After year three, new organizations will be put through a critical review to determine continued funding, contingent on achievement of mutually agreed upon objectives, goals, and outcomes. Those that are successful can anticipate an additional seven years of funding (10 years total) set at US$50,000 per year, pending successful annual check-ins. After 10 years, organizations must take a meaningful pause before reapplying. Funding decisions are independent of all other Wellington relationships, including private donations, Board placements, volunteer engagement, etc.
Please click here to be taken to the LOI online form. All forms must be received electronically by June 1 for consideration. Please contact Phil Cappello at GMA Foundations for more information: email@example.com or (617) 399-1852.
The US Wellington Management Foundation is a Section 501(c)(3) public charity and is not open to investors.
For general inquiries, please contact Karen Pfefferle, Art Curator and Manager of Philanthropy, at firstname.lastname@example.org or (617) 790-7454.
For inquiries regarding grant applications please use the contact information provided in the “Application process” section above.
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