//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Wells Fargo Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1980. The principal officer is Parent & Subsidiary Accounti. It holds total assets of $12.2M. Annual income is reported at $137.3M. Total assets have decreased from $531.5M in 2011 to $50.5M in 2023. The foundation is governed by 16 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Wells Fargo Foundation has made 3 grants totaling $777.8M, with a median grant of $239.3M. Annual giving has grown from $299.3M in 2020 to $478.6M in 2022. Individual grants have ranged from $239.3M to $299.3M, with an average award of $259.3M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Wells Fargo Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MN.
Wells Fargo Foundation has distributed a total of $777.8M across 3 grants. The median grant size is $239.3M, with an average of $259.3M. Individual grants have ranged from $239.3M to $299.3M.
The application deadline is APPLICATIONS ARE ACCEPTED FROM FEBRUARY 1 THROUGH OCTOBER 1.. https://www.wellsfargo.com/about/corporate-responsibility/community- giving/. An application form is available on the foundation's website.
Wells Fargo Foundation is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ra Lynn Walters | Treasurer | $0 | $0 | N/A |
| Jeffrey Fink | Vice President, Tax | $0 | $0 | N/A |
| James Christopher Gantt | Vice President - Tax | $0 | $0 | N/A |
| Fady Hanalla | Assistant Secretary | $0 | $0 | N/A |
| Jimmie Paschall | Director | $0 | $0 | N/A |
| Walter Dolhare | Director | $0 | $0 | N/A |
| Saulus Van Beurden | Director | $0 | $0 | N/A |
| Jamie Moldafsky | DIRECTOR | $0 | $0 | N/A |
| Ashley Bennum | Assistant Secretary | $0 | $0 | N/A |
| Phillip Daniel Smith | Director | $0 | $0 | N/A |
| Mary T Mack | Director | $0 | $0 | N/A |
| Rene Picazo | Director | $0 | $0 | N/A |
| Mary E Schaffner | Secretary | $0 | $0 | N/A |
| Nathan Hurst | Director & President | $0 | $0 | N/A |
| Debra L Mccombs | Assistant Secretary | $0 | $0 | N/A |
| William M Daley | Director | $0 | $0 | N/A |
Total Giving
$218.4M
Total Assets
$50.5M
Fair Market Value
$50.5M
Net Worth
$50.5M
Grants Paid
$217.6M
Contributions
$252.6M
Net Investment Income
$17.8M
Distribution Amount
$3.1M
Total Grants
3
Total Giving
$777.8M
Average Grant
$259.3M
Median Grant
$239.3M
Unique Recipients
2
Most Common Grant
$239.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListSee Attached List | Various, MN | $239.3M | 2022 |
| See Attachment 9support of COMMUNITY DEVELOPMENT, EDUCATION, AND HUMAN SERVICES | See Attachment, MN | $299.3M | 2020 |