Wellington Management Foundation
Created in 1992 , the Wellington Management Foundation has supported more than 125 nonprofit community organizations that support youth in under-resourced communities in the North American and Asia-Pacific cities. The Foundation supports organizations across the full educational life cycle of a student, from early education to career readiness programs, independent and charter schools, district-wide school-based programs, and after-school and summer programs, as well as college access and persistence programs.
The Wellington Management Foundation works through four strategies: (1) Annual grants awarded to growth orientated small to medium organizations working to close the opportunity and achievement gaps for youth in traditionally underserved communities in North America and Asia-Pacific cities where Wellington has offices. (2) Catalyst Gifts which help advance the mission of organizations that show meaningful and sustainable academic outcomes. (3) Strategic Partnerships where the Foundation partners with organizations for long term impact, in order to work towards systemic change. These include: Bottom Line, City Year, Duet, Institute for Nonprofit Practice, Social Innovation Forum, and Year Up. (4) FinLitPAC, which partners with organizations that have proven curricula and strong connections with underserved local communities to aid in financial literacy education.
The Wellington Management Foundation has generously supported The Loop Lab since 2021.
In 1916, to celebrate his own 50th birthday, Abraham C. Ratshesky endowed the Foundation to serve the Boston Community to support economically disadvantaged individuals and families. The Foundation seeks to support programs that promote and strengthen skills and learning to better oneself on the way to self-sufficiency.
Funding areas include: Family Partnering in Early Education, which seeks to narrow the achievement gap through early learning skills, language development, reading readiness and math readiness; Employment and Self-sufficiency to help individuals gain economic security through programs that make it feasible to become and remain employed; and Active Learning for Preteens and Teens, for programs providing hands-on, experiential learning, with real-world relevance, that support the development of career-specific skills, and build 21st century workplace capabilities such as collaboration, problem-solving and critical thinking.
The Ratshesky Foundation has generously supported The Loop Lab since 2021.
Interested in learning more or helping to fund The Loop Lab? Contact our Director of Grants & Budget Management, Michael Levine at mlevine@thelooplab.org.