Wells Fargo Regional Foundation
- Assets
- $0.0
- Revenue
- $224.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 09/1985
- Data as of
- 12/2021
- EIN
- 22-2625990
Organization Overview
Wells Fargo Regional Foundation is located in Philadelphia, PA. The organization was established in 1985. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wells Fargo Regional Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wells Fargo Regional Foundation generated $224.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.7%) each year. All expenses for the organization totaled $134.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (58.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wells Fargo Regional Foundation has awarded 162 individual grants totaling $17,139,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Thurber Chair Of Board | 1 | $0 | |
Doug Dimmig President | 1 | $0 | |
Kevin Dow Vice Chair Of Board | 1 | $0 | |
Joseph Kirk Executive Vice President | 1 | $0 | |
Peilin Chen Governance Chair | 1 | $0 | |
Sidney Hargo Program And Planning Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,231 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $220,299 |
| Total Revenue | $224,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,846 |
| Total operating and administrative expenses | $133,991 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $133,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wells Fargo Regional Foundation has awarded $17,139,249 in support to 162 organizations.
| Grant Recipient | Amount |
|---|---|
SHARE OUR STRENGTH PURPOSE: STRATEGIC GRANT FOR TECHNICAL ASSISTANCE | $297,000 |
SHARE OUR STRENGTH PURPOSE: STRATEGIC GRANT FOR TECHNICAL ASSISTANCE | $297,000 |
SHARE OUR STRENGTH PURPOSE: STRATEGIC GRANT FOR TECHNICAL ASSISTANCE | $297,000 |
Philadelphia, PA PURPOSE: HEART OF KENSINGTON COLLECTIVE IMPACT 2022 | $250,000 |
Asbury Park, NJ PURPOSE: INTERFAITH NEIGHBORS' NEIGHBORHOOD REVITALIZATION PLAN | $250,000 |
Asbury Park, NJ PURPOSE: INTERFAITH NEIGHBORS' NEIGHBORHOOD REVITALIZATION PLAN | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wells Fargo Regional Foundation has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
| $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Naval Academy Foundation Inc Annapolis, MD | $305,968,176 | $47,603,619 |
Umuc Ventures Inc Bethesda, MD | $44,098,237 | $47,696,802 |
Fund For Public Schools Inc New York, NY | $69,123,846 | $27,701,638 |
Ernst & Young Foundation New York, NY | $39,971,970 | $27,635,064 |
Kipp New York Inc New York, NY | $134,718,837 | $36,118,873 |
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |