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.
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 Wellington Management Foundation gives Annual Grants to programs in our communities that improve the educational opportunities of economically disadvantaged youth. The Grant Recommendation Committee, which comprises employee volunteers, conducts a thorough review of each applicant and organization we fund. Our process begins each year in May, and grants are made each December. The Foundation does not accept unsolicited proposals for our Catalyst Gifts.
New applicants will only be considered for participation in the Foundation’s grant review process if they have submitted a letter of inquiry. This is required for all new applicants.
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: firstname.lastname@example.org or (617) 391-3092.
Organizations that have submitted letters of inquiry will be prescreened by the GMA Foundations, and those that best meet its mission and guidelines will be invited to fill out a complete grant application. The application will become available in July.
Letters of inquiry are submitted and reviewed for mission fit.
Approved organizations are invited to submit full proposals.
Completed applications are received and processed for review.
September – November
Grant Recommendation Committee (GRC) employee volunteers review grant applications and conduct site visits and prepare reports for the Foundation’s Advisory Board
The Advisory Board reviews all GRC materials and determines the grant recipients. Final grant decisions are announced.
Funds are made available to grantees.
You may contact Phil Cappello at email@example.com or (617) 391-3092 if you have any questions about the Foundation’s application process.
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.
This content is intended for institutional or professional investors only and is restricted to our Insights subscribers. You may already be a subscriber if you receive our regular Insights emails or if you are a client.
Please verify your subscription by providing your email address below.
Thank you for your interest in our Insights content.
Your information is not on our subscription list — please register to access this content.
I certify that I am a qualified institutional or professional investor and would like to become an Insights subscriber.
Please verify your subscription by providing your email address below.
Thank you for your interest in becoming an Insights subscriber.
Sharing our investment knowledge is an important part of our client-centered culture.
Since our content is intended for institutional or professional investors, we will email you regarding your subscription after a brief internal review process to verify your status.