Workday Foundation
- Assets
- $38.2m
- Revenue
- $8.5m
- Investments
- $31.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2014
- Data as of
- 01/2024
- EIN
- 46-0563684
Organization Overview
Workday Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workday 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 01/2024, Workday Foundation generated $8.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $8.5m during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Workday Foundation has awarded 292 individual grants totaling $26,349,396. 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 |
|---|---|---|---|
Jay Banfield Dir | 1 | $0 | |
Aneel Bhusri Chairman Of Board, Dir | 1 | $0 | |
Carl Eschenbach Dir | 1 | $0 | |
Michael Frandsen Dir | 1 | $0 | |
Ian Gibson Treas | 4 | $0 | |
Anthony La Russa Jr Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 1/30/24 | $91,139 |
Goldman Sachs & Co Llc | 1/30/24 | $79,359 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000,000 |
| Interest on Savings | $156,761 |
| Dividends & Interest | $397,440 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$65,829 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193 |
| Total Revenue | $8,488,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $127,651 |
| Taxes | $14,637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,812 |
| Printing and publications | $0 |
| Other expenses | $177,607 |
| Total operating and administrative expenses | $462,132 |
| Contributions, gifts, grants paid | $8,065,000 |
| Total expenses and disbursements | $8,527,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,357,459 |
| 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 | $85,819 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $865,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,152,771 |
| Accounts payable and accrued expenses | $48,564 |
| 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 | $48,564 |
Grants Awarded
Over the last fiscal year, Workday Foundation has awarded $8,065,000 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR MIDDLE EAST PEACE INC PURPOSE: GENERAL OPERATIONS IN THE NEW REALITY: EMERGENCY RESPONSE AND DAY AFTER PLAN | $100,000 |
ACTIVATE WORK INC PURPOSE: ONRAMPS TO IT JOBS FOR DIVERSE TALENT IN COLORADO | $50,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: EMERGENCY RELIEF FUND: OPERATION SWORDS OF IRON | $100,000 |
AUGUSTINIAN HIGH SCHOOL OF READING MASSACHUSETTS PURPOSE: EDITH DRAY OPPORTUNITY FUND / EDITH DRAY MEMORIAL SCHOLARSHIP FUND | $50,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
CHILDREN OF SHELTERS PURPOSE: GENERAL & UNRESTRICTED | $10,000 |