At Wellington Management, we believe in actively investing in the communities in which we live and work. The following are just some of the ways we offer our support:
- Wellington Management has established the Wellington Management Foundation and the Wellington Management UK Foundation to provide philanthropic grants to support programs and organizations in communities close to our offices that improve the educational opportunities for economically disadvantaged youth.
- Annual Appeal provides our employees with a convenient way to donate once a year to a prescreened group of worthy nonprofits.
- Matching Gift Program offers matching for employee donations to registered nonprofit organizations.
- Volunteer Program allows each of our employees to spend two business days a year volunteering at nonprofit organizations.
For general inquiries, you may contact Karen Pfefferle, Art Curator and Manager of Philanthropy, at email@example.com or (617) 790-7454. For inquiries regarding grant applications please use the contact information provided in the "Applying for Our Annual Grantmaking Program" section below.
Wellington Management Foundation
Rooted in our culture Wellington Management Foundation was founded in 1992 as the Wellington Management Company Charitable Fund. Since its inception, the Foundation has been closely aligned with Wellington Management through our shared culture and values. The Foundation 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, which conducts a thorough review of each organization we fund. Through the combined generosity of the firm and these individuals, the Foundation is able to direct 100% of donations to organizations that meet the Fund's educational mission.
Mission To support best-in-class programs and organizations in our communities that improve the education and educational opportunities for under-resourced youth.
Grantmaking guidelines We fund 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 Foundation primarily aims to select organizations and programs that support:
- education tutoring and mentoring
- study skills programs
- technology-based initiatives
- school readiness programs
- high school access and success programs
- college access and success programs
Extended learning time
- out-of-school-time programs
- schools that operate extended hours
- programs that operate within school to enhance curriculum
Whom do we fund?
We recognize that economic privilege greatly increases educational opportunities. Therefore, we fund organizations that provide under-resourced youth in our communities with educational experiences that will enhance their chances for future success.
- Eligible organizations must be within 30 miles of one of our US or global offices, and approximately 70% of participants must be economically disadvantaged and under the age of 26
- We fund organizations of various sizes. We are interested in supporting organizations where our grants have a meaningful impact on youth, as well as the organization itself.
- We fund newer as well as more established organizations. We prefer to fund organizations that can demonstrate the strength of their management and that have a measurable track record of success.
- We fund religiously affiliated organizations that are inclusive of all participants regardless of religious background and beliefs.
- Organizations that provide only educational materials and scholarship programs are not eligible for funding.
- While some of these programs may include career or life skills components, the primary goal of the Foundation is to support academic education.
- The Foundation is most interested in supporting programs that provide direct educational services to youth. We are open to funding a small number of teacher training programs, as we know well-prepared professionals greatly affect students’ success.
Catalyst Giving InitiativeWellington Management Foundation launched its Catalyst Giving Initiative in August 2015 with the awarding of grants totaling $1.45 million to six nonprofits in Boston and Philadelphia.
The Catalyst Giving Initiative is designed to help education-focused nonprofits that are showing meaningful and sustainable academic outcomes move forward in a significant way towards their strategic vision.
The Initiative’s goals are to
- Advance educational opportunities for under-resourced youth
- Provide leadership support of nonprofits’ strategic plans and institutional priorities
- Seek innovative and creative solutions to address education needs in the community
The Foundation chose six best practice nonprofits for the inaugural class. These one-time gifts range from $200,000 to $250,000 and were awarded to:
BUILD Greater Boston
Boston Debate League
City Year Boston
Nativity Preparatory School
It is our sincere hope that this Catalyst Giving Initiative grows and our reach can broaden to include consideration of organizations having an impact in the global regions in which Wellington employees live and work.
The Foundation does not accept unsolicited proposals or requests for Catalyst Gifts — please see below for how to apply for our Annual Grantmaking Program.
Our Annual Grantmaking Program Wellington Management Foundation gives annual grants to programs in our communities that improve the educational opportunities of economically disadvantaged youth. The Foundation relies on Wellington Management employees who volunteer their time and talent through service on the Grant Recommendation Committee, which conducts a thorough review of each applicant and organization we fund. Our process begins each year in May. Grants are made each December.
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 Review Committee (GRC) employee volunteers review grant applications and conduct site visits.
Grant Review Committee (GRC) members complete site visits and prepare qualitative and quantitative reports of their findings for the Foundation’s Advisory Board.
The Advisory Board reviews all GRC materials and determines the year’s grant recipients. Final grant decisions are announced.
Funds are made available to grantees.
Supported organizations The Advisory Board of the Wellington Management Foundation is pleased to share the list of grant recipients for the 2015-2016 annual grant cycle. Thanks to the generosity of our donors, this year the Foundation was able to award a record $2.1 million to 52 grants to nonprofit organizations in the communities in and around Boston, Radnor, Chicago, San Francisco, Frankfurt, London, Singapore, and Sydney. Grants ranged in size from US$15,000 to US$75,000.
Each of these organizations fulfills a vital role in its community, offering programming to improve education and educational opportunities for economically disadvantaged youth. See below for a list of this year's annual grantees, or view our annual report.
Early childhood education and teacher training
- Generations Inc.
- Horizons for Homeless Children
- Parent-Child Home Program
- Smart from the Start
District-wide and school-based:
- UP Education (Boston, Lawrence)
- Beacon Academy
- Bellessini (Lawrence)
- Esperanza (Lawrence)
- Nativity School of Worcester
- Academy of Pacific Rim
- Boston Preparatory Charter School
- Bridge Boston Charter School
- Codman Academy Charter School
- Excel Academy Charter Schools (East Boston, Chelsea, Winthrop)
Math, science, and business programs
- Community Boat Builders
Arts, Language, and Civics Programs:
- Artists for Humanity
- Boston Debate League
- Generation Citizen
- VSA Massachusetts
After school and summer program
- Horizons at Dedham Country Day
- Brookview House
- St. Stephen's Youth Programs
- Earthen Vessels
- Sociedad Latina
- Friends of the Children
College access and persistence
- Benjamin Franklin Institute
- Boston Higher Education Resource Center
- Breakthrough of Greater Boston
- Leap for Education (Salem Cyberspace)
- Let's Get Ready
- Minds Matter of Boston
- Steppingstone Academy
- Doorstep Library Network
- Real Action
- First Graduate
- Aim High
- Breakthrough Greater Philadelphia
- Steppingstone Scholars Greater Philadelphia
- Teen SHARP
- Sue Duncan Children's Center
- Chicago Jesuit Academy
- Casa Juan Diego
Mid-cycle, multi-year grants
- 826 Boston
- Hyde Square Task Force
- Singapore — Child at Street 11
- Sydney — Aboriginal Literacy Foundation
- Frankfurt — Die Arche
Applying for Our Annual Grantmaking Program Wellington Management Foundation accepts applications from organizations and programs for its Annual Grantmaking Program that coincide with its mission and grantmaking guidelines. Please read the mission and guidelines above with care to evaluate whether your program is a clear fit with the Foundation’s funding priorities. The Foundation does not accept unsolicited proposals for our Catalyst Giving Initiative.
Letter of inquiry (LOI) Grant applicants will only be considered for participation in the Foundation’s grant review process if they have submitted a letter of inquiry. This requirement applies to all new and returning applicants.
Please click here to be taken to the LOI online form. All forms must be received electronically by 1 June 2016 for consideration. Please contact Liz Raskopf at GMA Foundations for more information: firstname.lastname@example.org or (617) 391-3092.
Grant application Organizations that have submitted letters of inquiry will be prescreened by the Foundation, 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.
For more information Please read the section describing our grantmaking process. You may contact Liz Raskopf at email@example.com or (617) 391-3092 if you have any questions about the Foundation’s application process.
The Wellington Management Foundation is a Section 501(c)(3) public charity and is not open to investors.