Wellspring Philanthropic Fund is a private grantmaking foundation dedicated to advancing the realization of human rights and social and economic justice for all people. But in 2017, the foundation began making grants to individual, non-DAF organizationsgiving over $28 million to explicitly political nonprofits, all of them left-wing. Sponsored Projects Office 1608 Fourth Street, Suite 220 Mail Code 5940 Berkeley, CA 94710-1749 Phone: 510-642-0120 Fax: 510-642-8236 Private. New York, NY 10018. Funds are also directed towards summer learning opportunities at our local community colleges, universities, and businesses, enhancing . Wellspring Philantropic Fund Inc - Nonprofit Explorer - ProPublica WELLSPRING PHILANTROPIC FUND INC NEW YORK, NY 10018-1851 | Tax-exempt since Nov. 2000 EIN: 22-3692921 Classification (. Wellspring Philanthropic Fund - Crunchbase Company Profile & Funding Wellspring Philanthropic Fund, Inc. Details And Information | Find Recruiter 25%. Wellspring Philanthropic Fund provides realization of human rights, social justice, economic justice and charitable investments. 646-392-9877 info@abfe.org Contact Us Explore Programs Conference Grants Management Associate | Wellspring Philanthropic Fund In 2021, giving from foundations and corporations accounted for 60 percent of its budget, while individual giving made up 40 percent of its funding. Wellspring Advisors | Dredging the Wellspring. Wellspring Philanthropic Fund is a private grantmaking foundation dedicated to advancing the realization of human rights and social and economic justice for all people. In the first 18 years of its existence, Wellspring exclusively used DAFs to funnel almost $1.1 billion into the nonprofit spheremoney which, because it was channeled via donor-advised funds, can never be traced from Wellspring to its ultimate destination. We support the principles of individual liberty, a free market economy and limited constitutional government: These are the cornerstones of American society. Program Officer for Scholarships | The Oregon Community Foundation. The origins of Wellspring Philanthropic Fund are shrouded. From 2001 to 2017, they consistently gave Wellspring large cash donations. Home About. Follow along as @SatonyaFair and Journal guest editors Melanie Matthews & Shantelice White explore how you can champion a learning culture within your organization and across the field. . Naturally, NVF ran a 2020 Census Project, which received $453,000 from Wellspring. Grants supporting initiatives that showcase African philanthropy models, including community-led development initiatives and those aimed towards gender equality and social inclusion. Dark Money and the Battle Against Christian Homeschooling, Biden and Activist Allies Push Taxpayer-Funded Voter Registration on College Campuses, Eyes off the Prize: Episode 2 of Showtimes, Big Green in the White Houseand the States. The foundation was formed in 1999 in Roseland, New Jersey, making it one of the older TGS-spawned groups. From 1999 to 2005, the three men reportedly used the law firm Lowenstein Sandler to establish over a dozen anonymous private foundations funded and controlled by limited liability companiesall of which have links to Shechtel, Taylor, Gelbaum, or all three. Its worth noting that Thorp was not among those indicted; he continues to run a hedge fund company in Newport Beach, California. Dark Money and the Battle Against Christian Homeschooling, Biden and Activist Allies Push Taxpayer-Funded Voter Registration on College Campuses, Eyes off the Prize: Episode 2 of Showtimes, Big Green in the White Houseand the States, Center for Secure and Modern Elections (CSME), Center for Technology and Civic Life (CTCL). Wellspring Philanthropic Fund Wellspring Philanthropic Fund Reviews - Glassdoor These grants are the tip of the iceberg for a group that routinely donates hundreds of millions of dollars to activists, think tanks, and lobbying groups. Altogether he reportedly donated $250 million to environmentalist causes, particularly to purchase huge tracts of land in the West which were then given over to the federal government (Gelbaum lives in California). CRC respects confidentiality and will not share your e-mail address. Serial Number: 87068923: Word Mark: WELLSPRING . The Center for Secure and Modern Elections received $1 million from Wellspring to advocate for sweeping changes to U.S. election law, including automatic voter registration, expanding mail-in voting, and looser penalties for falsifying voter registration applications. Wellspring Philanthropic Fund, Inc. Using a sophisticated network of for-profits, shell corporations, and consultancies, Wellspring has poured out an incredible $1.1 billion into nonprofits, most of which is hidden from prying eyes in donor-advised funds. In 2011, BLTN Holdings donated a whopping $32 million is New York Stock Exchange-listed equity securities and in 2017 gave it another $9.4 million in Facebook and Netflix shares. bit.ly/3hdwvfi, About 5 days ago from PEAK Grantmaking's Twitter via Sprout Social, Explore the latest grantmaking career opportunities on PEAK's Job Board, including new openings at Program Associate, Wellspring Climate Initiative (WPF) - EPIP Wellspring House, an outstanding nonprofit located in Gloucester, MA, is seeking a dynamic new Executive Director. Wellspring Philanthropic Fund is a private grantmaking foundation dedicated to advancing the realization of human rights and social and economic justice for all people. He later worked on Wall Street and joined Thorps hedge fund in Princeton in the 1980snot long before the company found itself under federal investigation. Little is known about TGS. Behind the legal facade, theyre led by Arabella officers and even pay consulting fees to the company for use of its office space and staffers to run the networks numerous project. If you would like us to contact you for follow up, please include your name and e-mail address and we will be in touch. Its articles of incorporation detail three trustees registered at a single address: senior attorneys from Lowenstein Sandler, and the law firms Roseland headquarters. Wellspring Philanthropic Fund supports the realization of human rights and social and economic justice for all people. One key way that Wellspring Philanthropic Fund centers disability inclusion is by giving the area of disability rights its own budget and a full-time program officer (that's me!). @DisPhilanthropy's Emily Harris @ejhconsult shares her personal journey to understanding how ableism is infused throughout our social systems and the ways in which philanthropy can drive equity for the disability community. In contrast to the high-risk-high-reward choices presented by other investment options, hedge funds are typically meant to generate a consistent return on investment regardless of what the market doeshence their name (hedging refers to reducing risk). Wellspring Philanthropic: An Ocean of "Dark Money" on the Left Jun 2020 - Present2 years 6 months. 09/16/2022. The Center for Secure and Modern Elections (CSME) is a left-of-center advocacy organization created as a project of the New Venture Fund, a leading "dark money" pass-through funder and fiscal sponsor, to promote sweeping changes to the elections process, including state laws that automatically register voters at state agencies. Wellspring Philanthropic Fund - Idealist The story begins in an unlikely place: Princeton-Newport Partners, an early investment management firm in New Jersey that pioneered the first quantitative, computer-driven hedge fund in the world. Wednesday, November 20, 2019. The group was founded by a host of women from professional leftist groups, including former Planned Parenthood president Cecile Richards and Black Lives Matter co-founder Alicia Garza. Our services include donor education and strategic visioning; identification and presentation of appropriate funding opportunities; grants administration, and . Nov 2011 - Apr 20197 years 6 months. Through this seven-month virtual learning series, two cohorts built community with other professionals new to. Getting an Interview. We look forward to keeping you informed. Background Wellspring Philanthropic Fund is a private grantmaking foundation dedicated to the advancement of social justice, including gender, racial and economic justice. TGS reportedly launched with some outside investment, but was so successful in its early years that it returned funds to most of its outside investors and became entirely private. Wellspring Philanthropic Fund Interviews. Working at Wellspring Philanthropic Fund | Glassdoor Program Officer, Global Children's Rights job in Washington, D.C. He is also a columnist at the Washington Free Beacon and writes regularly for the American Conservative. Having a program officer dedicated to disability is important for two main reasons: First, to manage Wellspring's specific line of disability rights-focused . Sign up to find emails for Wellspring Philanthropic Fund employees and top management. The cross-industry panel that reviews applications twice a year. Independent foundation EIN 223692921 Location 10 Times Sq., 1441 Broadway New York City, NY United States 10018 Contact Information Telephone: 2126092622 URL: wpfund.org 90% of Foundations don't have websites. Most of that money has funded grants to left-wing causes. PEAKs new Journal offers a playbook for adopting emergent learning practices, an approach that is adaptive, inclusive, transparent, vulnerable, and curious. Wellspring Philanthropic Fund. About us. Much of it could have gone to the kind of genuine charitysay, medical researchthat Shechtel himself supports. For 34 years Wellspring has focused on helping families on Boston's North Shore move out of poverty toward economic self-sufficiency. The report, Advancing Human Rights: Annual Review of Global Foundation Grantmaking - 2019 Key Findings (47 pages, PDF), found that 761 funders awarded 26,621 grants in support of human rights . The groups foundershedge fund managers Andrew Schechtel, C. Frederick Taylor, and the late David Gelbaumhave moved close to $1.8 billion through Wellspring since its founding in 2001. WELLSPRING PHILANTHROPIC FUND is a trademark owned by Wellspring Advisors, LLC and filed on Monday, June 13, 2016 in the Insurance & Financial Services category. Wellspring Philanthropic Fund. ), A DAF is a kind of charitable savings account run by a 501(c)(3) nonprofit. Wellspring Philantropic Fund Inc - Nonprofit Explorer - ProPublica Free first five contacts. Almost no information about these LLCs is publicly available. Wellspring Philanthropic Fund believes we are strengthened by the diversity of our staff, and welcomes such diversity including race, gender identity or expression, educational attainment, . According to the Algemeiner, Gelbaum and Shechtel are Jewish (Taylors religion is unclear). . Executive Director, Wellspring House | Philanthropy Massachusetts A community of 6,500 philanthropy professionals awaits. About. . LifeArc provides grants and funding to academic researchers working to advance new treatments and diagnostics for rare diseases. . Between 2001 and 2017, the foundation paid almost $143 million in consulting fees to Wellspring Advisors, a limited liability corporation created to manage Wellspring Philanthropic Fund. Get the latest business insights from Dun & Bradstreet. Summaries of projects we support through the LifeArc Philanthropic Fund. Human rights grantmaking totaled $4.1 billion in 2019, study finds John R. Taylor - InfluenceWatch Negative 25%. The Committees unique role as a coordinator, not a funder, makes it all but impossible to know how much Wellspring itself spent on such operations. Interestingly, Gelbaum may have played a role in the Sierra Clubs shift towards mass immigration and open border policies in the late 1990s: I did tell Carl Pope in 1994 or 1995 that if they ever came out anti-immigration, he told the Times, they would never get a dollar from me., Gelbaum reportedly ceased philanthropic giving in 2013 and retired from TGS Management around 2014. Applied online 50%. Wellspring has offices in New York, NY, and Washington, DC. Megan Selland - Director of Grants Management - Wellspring - LinkedIn Foundations Are Sending More Dollars to Donor-Advised Funds, Chronicle Bloomberg labeled them the $13 Billion Mystery Angels for using this unusual arrangement to anonymously funnel huge grants to philanthropic causes nationwide. Wellspring Philanthropic Fund. About Wellspring Philanthropic Fund. ABFE | Irvine, California . Program Officer, Global Children's Rights - Wellspring Philanthropic Sign up Visit 55 Exchange Place Suite 401 New York, New York 10005 646-392-9877 info@abfe.org Contact Us Explore Conference It was probably while teaching at the University of California, Irvine in the early 1970s that Thorp met the first of Wellsprings three future founders, David Gelbaum, then a recent graduate with his Bachelors degree in mathematics. Wellspring Philanthropic Fund est agora contratando para a vaga de Grants Management Associate em Washington. Wellspring Philanthropic Fund, Inc. Company Profile | New York, NY Hedge funds are private investment partnerships. Since then, Trans Lifeline has received six-figure grants from foundations such as the Wellspring Philanthropic Fund. For most of 2001 through most of 2017 Wellspring/Matan B'Seter gave grants totaling nearly $900 million. While it is understood that no single candidate will offer every desired attribute and competency, the following is a . bit.ly/3zckA7E, About 2 weeks ago from PEAK Grantmaking's Twitter via Twitter Web App. Questions and . "Dark Money" Giant Wellspring Philanthropy Funds Arabella's Activism Wellspring Philanthropies. Our passion leads us to philanthropic choices that reach far beyond the initial beneficiary, making sustainable differences . Wellspring Advisors | Dredging the Wellspring. The Organization. A free inside look at company reviews and salaries posted anonymously by employees. Find company research, competitor information, contact details & financial data for Wellspring Philanthropic Fund, Inc. of New York, NY. Located in New York City, NY Joined April 18, 2018 www.wpfund.org Organization information Wellspring Philanthropic Fund is a private grantmaking foundation dedicated to advancing the realization of human rights and social and economic justice for all people. education news florida david carson interview bishopsgate liverpool street wellspring philanthropic fund grantees Most such groups are 501(c)(3) or 501(c)(4) nonprofits funded by other nonprofits and go to great lengths to cloak their funding and spending using "pass-through" vehicles, donor-advised funds, and fiscal sponsorship. Fast-track your prospect research with a Professional plan subscription. Latest funding opportunities - World YWCAWorld YWCA the foundation has made all its grants since 2006 $120.4 million in total to a donor-advised fund at the National Christian Foundation. 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