Worldquant Foundation
- Assets
- $6.3m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Old Greenwich, CT
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3576736
Organization Overview
Worldquant Foundation is located in Old Greenwich, CT. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Worldquant 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 12/2022, Worldquant Foundation generated $10.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Worldquant Foundation has awarded 39 individual grants totaling $48,592,871. 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 |
|---|---|---|---|
Igor Tulchinsky President/treas/director | 1 | $0 | |
Jeff Blomberg Secretary/director | 1 | $0 | |
Jonathan Marom V Pres/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000,000 |
| Interest on Savings | $24,642 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,200 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,013,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $60,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,422 |
| Total operating and administrative expenses | $101,639 |
| Contributions, gifts, grants paid | $4,672,200 |
| Total expenses and disbursements | $4,773,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,142 |
| Savings and temporary cash investments | $6,122,420 |
| 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 | $180,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,317,562 |
| Accounts payable and accrued expenses | $19,400 |
| Grants payable | $1,423,600 |
| 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 | $1,443,000 |
Grants Awarded
Over the last fiscal year, Worldquant Foundation has awarded $4,672,200 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION AGAINST HUNGER PURPOSE: EDUCATIONAL PURPOSE | $100,000 |
CARNEGIE HALL CORP PURPOSE: EDUCATIONAL PURPOSE | $200,000 |
BOYS AND GIRLS CLUB OF GREENWICH PURPOSE: EDUCATIONAL PURPOSE | $10,000 |
CASA VERDE HOME OF HOPE PURPOSE: EDUCATIONAL PURPOSE | $20,000 |
HOPE OF GUINEA PURPOSE: EDUCATIONAL PURPOSE | $10,000 |
NATIONAL MUSEUM OF MATHEMATICS PURPOSE: EDUCATIONAL PURPOSE | $10,000 |