Wells Fargo Foundation

Location: 550 S 4th St, Minneapolis, 55415 MN

EIN: 41-1367441

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78%

22%

What was the overall relationship with the funder?

How many hours did the grant application process take?

6 hours

Median

52%

48%

How would you rate this funder's accessibility?

66%

34%

How successfully do you think the funder is accomplishing its current philanthropic goals?

Important Information

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Financial Summary

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Top descriptors for this funder

9Friendly7Responsive6"Gets" nonprofits and issues6Positive leader in the field5Builds relationships4Gives more than money3Bureaucratic3Culturally sensitive3Insightful3Worth the time to pitch2Difficult to work with2Doesn't "get" nonprofits and issues

Advice from a Friend

Wells Fargo Foundation

Nov 09, 2018

Reviewer 1782 - Did not apply

They are not very responsive. Another funder suggested we contact them to see if they were interested in ideas that seemed consistent with their guidelines. I sent a second brief email asking about whether it was worth submitting a proposal We did not receive a response to either contact.

Cons

Difficult to work with

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Nov 09, 2018

Grant Applicant - applied in 2017

They have different pots of money, which makes life "interesting' figuring it all out (e.g. local employee council, foundation, local banks, sponsorships). And they are serious about no recurring costs

Pros

Gives more than money, Insightful, Friendly, Responsive

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Nov 05, 2018 1

Grant Applicant - applied in 2018

They only give restricted, tiny, non-recurring grants which is frustrating if you're trying to sustain your work. We've gotten a lot of conflicting information about the amount and types of grants that will be available.

Cons

Inadvertently exerts negative influence in the field, Doesn't "get" nonprofits and issues, Difficult to work with, Culturally incompetent, Bureaucratic

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Jul 20, 2018

Reviewer 498 - Grant Applicant - applied in 2018

It is important to have a relationship with you local community representative and have Board representation. Relationships go a long way, but always talk to the Foundation before applying (or re-applying).

Pros

Friendly, Builds relationships, "Gets" nonprofits and issues

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Jul 20, 2018

Grant Applicant - applied in 2016

Don't bother. We fit their profile to a 't'. We bank with Wells Fargo. We share common history. Don't know who they wanted to fund but they definitely weren't interested in us.

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Jul 20, 2018

Grant Applicant - applied in 2017

It can be confusing with their different funding streams (e.g. local community council, foundation) so if you have any doubts don't hesitate to ask for a clarification. A problem I've found across the board is that the local bank branches don't know how to help you re: funding. At one point I had the local bank branch telling the org to go to the foundation with the question/funding request and at the same time the foundation telling me to go to the local bank branch. There doesn't seem to be training for local bank branches on foundation giving

Pros

Positive leader in the field, Culturally sensitive, Insightful, Friendly, "Gets" nonprofits and issues, Responsive

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Jul 13, 2018

Reviewer 7713 - Grant Applicant - applied in 2018

It is important to know your local branch manager, and who is on their regional selection committee. Meet with them first.

Pros

Openminded

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Jul 09, 2018 1

Reviewer 6085 - Grant Applicant - applied in 2018

My experience was probably optimal with WF because I had a connection with the Foundation rep for my region (New England). My organization applied the previous year and was not funded; this year, we were. Since the first approach, our rep has been extremely accessible and forthcoming. They do expect publicity for grants received; our rep provided a tool kit for this purpose and has been extremely appreciative of all media placements as well as flexible about our approach to presenting the story to media outlets. We appreciate the funding, of course, but also the minimal strings attached and the fact that our rep seemed nearly as excited as we were about the grant.

Pros

Gives more than money, Friendly, Builds relationships, Likes site visits, "Gets" nonprofits and issues, Responsive

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Dec 21, 2017

Reviewer 651 - Did not apply

Connections are key.

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Nov 13, 2017

Reviewer 2126 - Grant Applicant - applied in 2017

Definitely appreciate their history of support and contributions to our organization. Getting to a contact person other than their reporting staff is something of a challenge.

Pros

Positive leader in the field, Responsive

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Wells Fargo Foundation