Matan BSeter Foundation (Wellspring Philanthropic Fund). Original URL: Return of Organization Exempt from Income Tax (990-PF) (multiple). Wellspring is a member of the American Residential Treatment Association, Connecticut Association of Private Special Education Facilities, and the National Association for Therapeutic Schools and Programs. Part I: Lines 12, 25, 26, Part III: Line 6. Carson is a former co-chair of the left-wing Human Rights Funders Network, founder of the advocacy training group Forefront, advisory board member for the SAGE Fund (a project of the New Venture Fund), an ex-staffer for Amnesty International, and an ex-staffer for Sen. Patrick Leahy (D-VT). Cons Culture is quite toxic. 2008 IRS Form 990. . What is Wellspring Philanthropic Fund, Inc.'s industry?
Wellspring Philanthropic Fund, Inc. Company Profile | New York, NY Wellspring is listed as a founding grantor to the Heartland Fund, an environmentalist donors collaborative and a project of the Windward Fund (managed by the for-profit consultancy Arabella Advisors). Allen B. Levithan. Rutgers Law School. keC !QOx8c (eL B@<0"`iYl\e-L'IN0q:Wx5a%T/c3 EIN: 22-3692921. He is also listed as Of Counsel for the law firm Lowenstein Sandler. Job Summary. Matan BSeter Foundation (Wellspring Philanthropic Fund). [38], For most of 2001 through most of 2017 the Wellspring Philanthropic Fund (previously the Matan BSeter Foundation) gave grants totaling nearly $900 million, with 88.3 percent of this money nearly $795 million going to two recipients: the Vanguard Charitable Endowment Program and the Fidelity Investments Charitable Gift Fund. Accessed August 27, 2019. Wellspring Philanthropic Fund, Inc.'s headquarters is located at 10 Times Sq Rm 1600 New York, NY, 10018-1879 United States. [25] Along with two of his brothers, C. Frederick Taylor created Wellspring Advisors, which Philanthropy News Digest characterized as a consulting firm for anonymous donors. [26] Sometime after 2014 the name of the Matan BSeter Foundation was changed to the Wellspring Philanthropic Fund. [59] The five partners of Princeton-Newport Partners were indicted on racketeering and tax-fraud charges, but all charges were eventually dropped. Programs Board from former Service Employees International Union president Andy Stern and Deepak Bhargava, executive director of the Center for Community Change. [58] Frederick Taylor reportedly worked at Princeton-Newport Partners, an early investment management company until it was liquidated following an investigation under the Racketeer Influenced and Corrupt Organizations (RICO) Act in the 1990s. Accessed July 22, 2019. Capital Research Center (CRC) was established in 1984 to promote a better understanding of charity and philanthropy. Hattem, Julian. General Admission: $200 $125 USD. [48], The anticipated contribution from Wellspring Advisors to the project is listed at $10 million. Health Information Management Coordinator, Director of Community and Provider Relations, Director of Admissions and Continued Care, General Inquiries and Outpatient Services, Wellsprings Adult Residential Treatment Program Angelus House, Peter Caswell joins Wellsprings Arch Bridge School. In the memo, Stern and Bhargava ask Soros and his board to increase their contribution from $7.3 million to $16.3 million.
For most of 2001 through most of 2017 Wellspring/Matan B'Seter gave grants totaling nearly $900 million. Wellspring Philanthropic Fund.
Wellspring Philanthropic Fund Accessed July 18, 2019. [83] Malombe is a member of the advisory board for the Education Support program of George Soros Open Society Foundations. Accessed August 26, 2019. Accessed August 28, 2019. Accessed August 20, 2019. At least $4 million of these grants referenced voter engagement and outreach projects at left-of-center organizations such as NEO Philanthropy and New Venture Fund. Cassandra McKee. LinkedIn. Selah Alumni. Bend the Arc. Individual contributions: Andrew Shechtel: 1/1/2010-12/31/2020. Federal Election Commission. WELLSPRING PHILANTROPIC FUND INC. NEW YORK, NY 10018-1851 | Tax-exempt since Nov. 2000. Accessed August 27, 2019. It's been described by Philanthropy News Digest as a "consulting firm for anonymous donors." The company has also been described as a "private philanthropic advisory firm."
Wellspring Philanthropic: An Ocean of "Dark Money" on the Left [65] [66], Mazin is a retired partner with Dechert LLP, an investment management firm. Student Pass: $75 $30 USD. Adam Barber. LinkedIn. Wellspring staff members develop the foundations grantmaking strategy and programs, research potential recipients of advised grants from the foundations donor-advised fund accounts[, and] monitor the usage of grants advised by the foundation through its donor-advised fund accounts and performance of such grantees. [28], In 2014, Wellspring founders Andrew Shechtel, John Taylor, and Frederick Taylor were criticized by a writer for Nonprofit Quarterly for promoting enhanced charitable deductions for major donors which otherwise would have been collected as tax dollars by the government.
Wellspring Philanthropic Fund - Philanthropy Women 2002 IRS Form 990. Shaping lives through inspired giving. Princeton Newports Secretive Successor. Princeton Info. The Program Officer will work collaboratively within the GCR team to evolve and implement new strategic efforts particularly for the Advance Girls' Education and Skills theme, in the focus areas of Latin America and East . Wellspring Philanthropic Fund doesnt report paying staffers, either. 2003 IRS Form 990. [40], A chart listing Wellsprings grants to donor-advised fund providers from 2001-2017 is available below: [41], Wellspring Philanthropic Funds tax returns covering late-2016 and most of 2017 show direct donations to some final recipients. ]CN`xYOw+
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[21] The most active reported funding role by him in the philanthropic network was as a major supporter of medical research aimed at a cure for Huntingtons disease. [34]. Shechtel attended Harvard Business School and reportedly worked on Wall Street and joined Princeton-Newport Partners in the 1980s. Private. The Research Collaborative Fund is a project of the Arabella Advisors-run New Venture Fund. Accessed August 27, 2019. [42], Of the named grant recipients for 2017, at least $28.5 million (11.6 percent) was given to 56 left-of-center advocacy organizations:[43], Wellspring Philanthropic Funds list of donors from 2001 to 2017 is available below: [44]. In the conclusion of Wellspring Philanthropic, see how all these pieces are connected. Matan BSeter Foundation (Wellspring Philanthropic Fund). [31] [32], The following charts Wellsprings total revenues, total expenditures, grants paid, and net assets for the years 2001 to 2017: [33], For more information, see Wellspring Advisors (For-Profit), IRS records representing most of 2001 through most of 2017 filed by the Wellspring Philanthropic Fund (previously the Matan BSeter Foundation) show the consulting firm Wellspring Advisors receiving $142 million in fees from the foundation. Wellspring Philanthropic Fund supports the effective advancement of human rights and social justice. As employment opportunities are announced, they will be posted simultaneously to this page and many of the following sites: Bridgestar, The Chronicle . Nonprofit Quarterly also explained that that the founders have generally promoted greater deductions for donors to specific causes, such as programs targeting rare diseases. [29], IRS records representing most of 2001 through most of 2017 (available here) filed by the Wellspring Philanthropic Fund (previously the Matan BSeter Foundation) show all new money put into the fund coming from five corporate sources: Twenty-One Holdings, Rubik Enterprises, BLTN Holdings, Shackleton Company and MBS Funding.
Wellspring Philanthropic Fund - Crunchbase Company Profile & Funding Donate today to assist in promoting the principles of individual liberty in America. Wellspring is a member of the American Residential Treatment Association, Connecticut Association of Private Special Education Facilities, and the National Association for Therapeutic Schools and Programs. endobj
So after the raid the firm was dissolved and several of the traders who had not been charged created their own hedge firm, which to this day operates in the former Princeton Newport space at 33 Witherspoon, with a computer operation based in California. Kenneth J. Slutsky. Lowenstein Sandler. Matan BSeter Foundation (Wellspring Philanthropic Fund). (rsp8Czq6W7u-/|pMyV|pW]m^~MN%wyBX!kC#Yel!.N5]+GcK%de[HqRn{f YH5z}ap G}H{2mI=g Prior to that, Katzive was a staffer for the Center for Reproductive Rights, a left-wing abortion advocacy group, from 1999 to 2010. Original URL: Return of Organization Exempt from Income Tax (Form 990). [14]In 2016, the group adopted its current name, Wellspring. 2007 IRS Form 990. The Wellspring Philanthropic Fund promotes the realization of human rights and access to economic and social justice - including racial, gender, and economic justice - as reflected in global norms, national policies, and local practice. Wellspring Philanthropic Fund (Matan BSeter Foundation). From 2002 to 2012, she was a senior staffer for the advocacy group USAction. Part XV (Grants and Contributions Paid; Supplementary Information). <>
Wellspring Advisors - InfluenceWatch [76], Laura Katzive is a senior program officer for Wellspring, and has worked for the foundation since 2010. 2014 IRS Form 990. Wellspring Philanthropic Fund provides realization of human rights, social justice, economic justice and charitable investments. During August 2016 DC Leaks, a hacker organization widely assumed to have been a project of a Russian intelligence agency, released a trove of documents from the George Soros-backed Open Society Foundations. 2018 Annual Meeting. Peace and Security Funders Group.
Luxury 5 Star Hotel | Songshan | Mandarin Oriental, Taipei Wellspring Philanthropic Fund To learn more about wellspring foundation and the impact we make in the world we share, please email, phone, or use the information request form below. The $13 Billion Mystery Angels. Bloomberg. 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. Accessed July 18, 2019. Wellspring Foundation looks for those transformative opportunities that raise the quality of life of the people around us, ones that will have a lasting and sustainable impact. [46], The eight-page memo, titled New Thinking on 2012 Election and Beyond, refers to a $65.4 million effort to dramatically increase voter turnout (what the document refers to with terms such as voter engagement and civic engagement) among groups the two men argue will strongly support left-of-center policies. Accessed August 20, 2019. According to Gelbaums lawyer, as reported by the Algemeiner, he lost more than he thought he could possibly lose during the 2008-2009 financial crisis. Wellspring Philanthropic Fund | Grants Management Internship 2019. Wellspring Philanthropic Fund. [50], Some of the larger examples included: [51], Representatives from Wellspring Philanthropic Fund have appeared at various events and functions alongside representatives from other major left-of-center foundations. But Wellspring Philanthropic Fund isnt even the final destination of much of the TGS-linked funds. [73] Employee profiles strongly suggest that Wellspring Philanthropic Fund, the foundation, shares staffers with its associated for-profit consulting firm, Wellspring Advisors. Senior Program Officer, International Children's Education, Senior Program Officer, Sexual Orientation and Gender Identity Program, Director, International Human Rights Program, Funders Committee for Civic Participation, Philanthropy Advancing Womens Human Rights (PAWHR), Fidelity Investments Charitable Gift Fund, New Jersey Public Interest Research Group (NJPIRG), https://www.algemeiner.com/2014/05/27/jewish-charities-heavily-favored-by-newly-revealed-13-billion-mystery-angels/, https://philanthropynewsdigest.org/news/anonymous-donors-of-more-than-1-billion-revealed, https://projects.propublica.org/nonprofits/organizations/223692921, https://thehill.com/policy/national-security/291486-thousands-of-soros-docs-released-by-alleged-russia-backed-hackers, https://www.influencewatch.org/app/uploads/2019/07/Bhargava-Stern-Memo-to-Soros-2011.pdf, https://www.fec.gov/data/receipts/individual-contributions/?min_date=01%2F01%2F2010&max_date=12%2F31%2F2020&contributor_name=taylor&contributor_zip=92603&contributor_employer=TGS, https://globalphilanthropyproject.org/about-us/gpp-members/wellspring/, https://funderscommittee.org/about/#member-organizations, https://www.influencewatch.org/app/uploads/2019/08/Funders-Committee.-Members-and-Staff.-08.2019.pdf, https://www.influencewatch.org/app/uploads/2019/08/Cert-of-Incorporation.-Wellspring-Philanthropic-Fund.-08.2019.pdf, https://www.njportal.com/DOR/businessrecords/EntityDocs/BusinessCopies.aspx, https://littlesis.org/person/153349-C_Frederick_Taylor, https://www.bloomberg.com/news/articles/2014-05-08/three-mysterious-philanthropists-fund-fourth-largest-u-dot-s-dot-charity#p1, https://www.fec.gov/data/receipts/individual-contributions/?min_date=01%2F01%2F2010&max_date=12%2F31%2F2020&contributor_name=Shechtel%2C+Andrew, https://www.theglobeandmail.com/life/health-and-fitness/health/a-drug-to-treat-huntingtons-is-closer-than-everbut-those-who-need-it-most-remain-cautious/article25797238/, https://projects.propublica.org/nonprofits/display_990/223692921/2016_10_PF%2F22-3692921_990PF_201511, https://nonprofitquarterly.org/when-anonymous-people-dominate-billions-in-tax-exempt-resources/, https://pdf.guidestar.org/PDF_Images/2017/223/692/2017-223692921-0fe51357-F.pdf, https://www.fsmonline.org/news/the-heartland-fund-launches-its-first-round-of-grants/, https://www.ppic.org/support-ppic/contributors/, https://www.influencewatch.org/app/uploads/2019/08/Public-Policy-Institute-of-CA-Contributors.-08.2019.pdf, https://www.influencewatch.org/app/uploads/2019/08/Vaid-Group-Our-Work.-08.2019.pdf, https://www.globalpartnership.org/blog/how-can-philanthropic-foundations-help-address-learning-crisis, https://static1.squarespace.com/static/521b8763e4b03dae28cd3e72/t/5af5ee32575d1fa5fe83ad07/1526066739006/PSFG+Annual+Meeting+2018.pdf, https://www.influencewatch.org/app/uploads/2019/08/Peace-and-Security-Funders-Group-2018-Annual-Meeting.-08.2019.pdf, https://corponline.dcra.dc.gov/Account.aspx/LogOn?ReturnUrl=%2fHome.aspx, https://www.influencewatch.org/app/uploads/2019/08/Wellspring-Phil-Fund-Governors.-08.2019.png, https://littlesis.org/person/153358/W_Myles_Taylor, https://princetoninfo.com/princeton-newports-secretive-successor/, https://princetoninfo.com/it-pays-to-know-your-uber-rich-neighbors/, https://law.rutgers.edu/directory/view/allenlev, https://relationshipscience.com/person/allen-b-levithan-26957255, https://www.dechert.com/people/m/george-mazin.html, https://www.lowenstein.com/people/attorneys/kenneth-slutsky, https://www.influencewatch.org/app/uploads/2019/08/Wellspring-Philanthropic-Fund-2017-Form-990.pdf, https://www.lowenstein.com/people/attorneys/john-berger, https://www.linkedin.com/in/adam-barber-a970894/, https://www.linkedin.com/company/wellspring-advisors/people/, https://www.influencewatch.org/app/uploads/2019/08/Wellspring-Phil-Fund-LinkedIn-Staff.-08.2019.png, https://www.hrfn.org/wp-content/uploads/2019/05/2019_042219_-GMI_NY.pdf, https://www.influencewatch.org/app/uploads/2019/08/Wellspring-Philanthropic-Fund-Internship-Description.-08.2019.pdf, https://www.linkedin.com/in/ilona-prucha-09468527/, https://www.linkedin.com/in/laura-katzive-41aa43ab/, https://www.linkedin.com/in/cassandra-mckee-6a85a31/, https://www.influencewatch.org/app/uploads/2019/08/SAGE-Fund-Who-We-Are.-08.2019.pdf, https://lgbtfunders.org/about/board-staff/, https://www.jewishpartnership.us/selah_alumni, https://www.linkedin.com/in/joyce-malombe-3919784/, https://www.opensocietyfoundations.org/who-we-are/boards/education-support-program-advisory-board, American Constitution Society for Law and Policy (Non-profit), Astraea Lesbian Foundation for Justice (Non-profit), Ballot Initiative Strategy Center Foundation (Non-profit), Alliance for Youth Organizing (Non-profit), California Calls Education Fund (Non-profit), Center for American Progress (CAP) (Non-profit), Center for Community Change (CCC) (Non-profit), Center for Constitutional Rights (CCR) (Non-profit), Center for Health and Gender Equity (CHANGE) (Non-profit), Center for Law and Social Policy (CLASP) (Non-profit), Center for Popular Democracy (CPD) (Non-profit), Citizens for Responsibility and Ethics in Washington (CREW) (Non-profit), Colorado Civic Engagement Roundtable (Non-profit), Colorofchange.org Education Fund (Non-profit), Commonwealth Institute for Fiscal Analysis (Non-profit), EarthRights International (ERI) (Non-profit), Environmental Defender Law Center (Non-profit), Every Child Matters Education Fund (Non-profit), Fidelity Investments Charitable Gift Fund (Non-profit), LGBTQ Victory Institute (Political Party/527), Government Accountability Project (GAP) (Non-profit), Gynuity Health Projects (Gynuity Institute) (Non-profit), Highlander Research and Education Center (Non-profit), Institute for Nonprofit News (Non-profit), National Domestic Workers Alliance (NDWA) (Non-profit), National Latina Institute for Reproductive Health (Non-profit), Philanthropy Advancing Womens Human Rights (PAWHR) (Non-profit), Planned Parenthood Federation of America (PPFA) (Non-profit), Political Research Associates (PRA) (Non-profit), Population Action International (PAI) (Non-profit), Project On Government Oversight (POGO) (Non-profit), Protect Democracy Project (PDP) (Non-profit), Public Employees for Environmental Responsibility (Non-profit), SPARK Reproductive Justice NOW (Non-profit), Vanguard Charitable Endowment Program (Non-profit), American Constitution Society for Law and Policy, Ballot Initiative Strategy Center Foundation, Center for Health and Gender Equity (CHANGE), Citizens for Responsibility and Ethics in Washington (CREW), Commonwealth Institute for Fiscal Analysis, National Domestic Workers Alliance (NDWA), National Latina Institute for Reproductive Health, Planned Parenthood Federation of America (PPFA), Public Employees for Environmental Responsibility Inc. 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