Western Union Foundation Inc

Organization Overview

Western Union Foundation Inc is located in Denver, CO. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Union Foundation Inc 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 12/2021, Western Union Foundation Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Western Union Foundation Inc has awarded 842 individual grants totaling $11,732,040. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WESTERN UNION FOUNDATION, A CHARITABLE CORPORATION INCORPORATED IN THE STATE OF COLORADO ON JULY 20, 1999 AS A PHILANTHROPIC ORGANIZATION, FACILITATES CHARITABLE GIVING PROGRAMS WORLDWIDE. THROUGH THE DONATIONS OF THE WESTERN UNION COMPANY (WESTERN UNION), ITS EMPLOYEES, AGENTS, VENDORS, BUSINESS UNITS, CUSTOMERS, AND OTHER BUSINESS PARTNERS, WESTERN UNION FOUNDATION AND SUBSIDIARIES SUPPORT TRAINING, EDUCATION, AND DISASTER RELIEF EFFORTS AS PATHWAYS TOWARD ECONOMIC OPPORTUNITY AND A BETTER FUTURE. TO DATE, WESTERN UNION FOUNDATION HAS FUNDED MORE THAN $138 MILLION FOR PROJECTS AND SCHOLARSHIPS GLOBALLY.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $7,099,727
Interest on Savings $2,286
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$2,847
Total Revenue $7,099,166

Grants Awarded

Over the last fiscal year, Western Union Foundation Inc has awarded $5,954,029 in support to 502 organizations.

Grant RecipientAmount

INSTITUTE OF INTERNATIONAL EDUCATION INC

Org PageRecipient Profile

New York, NY

PURPOSE: WORKFORCE/EDUCATION

$650,010

THE ASPEN INSTITUTE INC

Org PageRecipient Profile

Washington, DC

PURPOSE: WORKFORCE/EDUCATION

$475,000

INTERNATIONAL RESCUE COMMITTEE INC

Org PageRecipient Profile

New York, NY

PURPOSE: DISASTER RELIEF

$357,940

WHITAKER PEACE AND DEVELOPMENT INITIATIVE

Org PageRecipient Profile

Cerritos, CA

PURPOSE: WORKFORCE/EDUCATION

$258,905

UNITED WAY INDIA

PURPOSE: DISASTER RELIEF

$254,693

INTERNATIONAL MEDICAL CORPS

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: DISASTER RELIEF

$253,113
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Western Union Foundation Inc has recieved totaling $284,305.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$284,305
View Grant Recipient Profile

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