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WELLSPRING PHILANTHROPIC FUND INC

New york, NY Tax ID: 22-3692921 www.wpfund.org

Wellspring Philanthropic Fund Inc, based in New York, supports global initiatives focused on social justice, human rights, and civic participation, with significant financial resources and leadership from key figures like John R. Taylor.

About WELLSPRING PHILANTHROPIC FUND INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Wellspring Philanthropic Fund Inc is a philanthropic organization based in New York, NY, with a focus on supporting a wide range of social issues including children and youth, LGBTQIA+ rights, women's rights, people with disabilities, and economic justice. The foundation is involved in promoting democracy, civic participation, and international human rights. With assets totaling approximately $180 million, the fund reported expenses of about $320 million and revenue of nearly $375 million. Wellspring Philanthropic Fund supports initiatives in numerous cities across the globe, including major cities like New York, London, and Nairobi, as well as smaller communities. The organization is led by key individuals such as John R. Taylor, the President and Trustee, and Raymond Eng, the Treasurer and Director of Finance. The fund is committed to advancing antidiscrimination efforts and ethnic and racial group rights through its philanthropic activities.

Focus Areas

Children and youthChildrenLGBTQIA+ peopleWomen and girlsWomenPeople with disabilitiesPhilanthropyFoundationsPublic affairsDemocracyCivic participationInternational human rightsAntidiscriminationEthnic and racial group rightsLGBTQIA+ rightsEconomic justice- Less

Geographic Focus

ALARAZCACOCTDCDEFLGAILINKYLAMAMDMEMIMNMO +20 more

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Key Statistics
Total Assets $180.0M
Total Awarded This Year $276.0M
Average Grant Size $1K
Total Grants (Previous Year) 275,488
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$180.0M

+2.6% from previous year

Annual Grants
$276.0M

997 grants awarded in 2024

Expense Ratio
85.3%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$11,100,000AMERICAN JEWISH WORLD SERVICE INCPROGRAMMATIC AND INSTITUTIONAL SUPPORT FOR 2021New york, NY, US2022
$11,100,000AMERICAN JEWISH WORLD SERVICE INCPROGRAMMATIC AND INSTITUTIONAL SUPPORT FOR 2022New york, NY, US2023
$11,000,000AMERICAN JEWISH WORLD SERVICE INCPROGRAMMATIC AND INSTITUTIONAL SUPPORTNew york, NY, US2024
$5,625,000HUMAN RIGHTS WATCH INCOPERATING SUPPORT AND PROGRAM SUPPORTNew york, NY, US2023
$5,450,000HUMAN RIGHTS WATCH INCOPERATING SUPPORT AND PROGRAM SUPPORTNew york, NY, US2022
$5,375,000HUMAN RIGHTS WATCH INCGENERAL OPERATING SUPPORT AND PROGRAM SUPPORTNew york, NY, US2024
$4,733,275GDI SOLUTIONS INCPOOLED FUND ON HUMAN AGENCYWashington, DC, US2024
$4,600,000NEO PHILANTHROPY INCSTATE INFRASTRUCTURE FUNDWashington, DC, US2022
$4,500,000STATE VOICESOPERATING SUPPORTWashington, DC, US2022
$3,500,000NEW VENTURE FUNDCENTER FOR SECURE AND MODERN ELECTIONSWashington, DC, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

BH

BLTN HOLDINGS LLC

MEMBER

$0 2024
CF

C FRED TAYLOR

TRUSTEE

$0 2024
JR

JOHN R TAYLOR

PRESIDENT/TRUSTEE

$806,757 2024
WM

W MYLES TAYLOR

TRUSTEE

$0 2024
JR

JENNIFER REYNOSO

SEC./GC THRU FEB 2023 THEN TRUSTEE

$117,907 2024
Showing 5 of 8 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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