Workday Foundation
- Assets
- $43.8m
- Revenue
- $3.4m
- Investments
- $31.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2014
- Data as of
- 01/2022
- 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 01/2022, Workday Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $5.5m during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Workday Foundation has awarded 157 individual grants totaling $10,961,916. 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 |
|---|---|---|---|
Ian Gibson Treas | 4 | $0 | |
Michael Frandsen Dir | 1 | $0 | |
Caitlin Safradin Assistant Sec*, Sec | 1 | $0 | |
Jay Banfield Dir | 1 | $0 | |
Aneel Bhusri Chairman Of Board, Dir | 1 | $0 | |
Carol Lindstrom Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 1/30/22 | $83,795 |
Goldman Sachs | 1/30/22 | $115,153 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,017,579 |
| Interest on Savings | $13,601 |
| Dividends & Interest | $405,162 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$534 |
| Capital Gain Net Income | $1,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,435,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,205 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81,989 |
| Total operating and administrative expenses | $239,378 |
| Contributions, gifts, grants paid | $5,232,000 |
| Total expenses and disbursements | $5,471,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,197,982 |
| 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 | $16,163 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $43,827,189 |
| Accounts payable and accrued expenses | $34,345 |
| Grants payable | $50,000 |
| 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 | $84,345 |
Grants Awarded
Over the last fiscal year, Workday Foundation has awarded $5,432,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
YEAR UP INC PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Washington, DC PURPOSE: OVERCOMING HIRING CHALLENGES FACING AGE 45+ JOB SEEKERS AROUND THE WORLD | $500,000 |
JOBS FOR THE FUTURE INC PURPOSE: BAY AREA OPPORTUNITIES ONRAMPS FUND | $500,000 |
Washington, DC PURPOSE: BAY AREA OPPORTUNITY ONRAMPS FUND | $500,000 |
Washington, DC PURPOSE: SKILLFUL LLC | $250,000 |
Bronx, NY PURPOSE: ADVANCING EQUITY IN TECHNOLOGY CAREERS PROGRAM | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Zimmer Family Foundation Inc Saddle River, NJ | $21,093,817 | $10,817,000 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
David R & Patricia D Atkinson Foundation Princeton, NJ | $114,019,131 | $20,460,455 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
William And Phyllis Mack Family Foundation Inc Fort Lee, NJ | $6,899,137 | $5,510,037 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |