Worldquant Foundation
Accepts applications
Worldquant Foundation is a private foundation in Old Greenwich, Connecticut. In tax year 2024 it gave $6.1 million in 7 grants; the typical grant was $30,000 and the largest $5.6 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$6.1 million
- Number of grants7
- Typical grant$30,000
- Largest grant$5.6 million
- Assets$22.3 million
- New grantees57%
Giving in 2024 was up from $4.4 million the year before.
57% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $4.4 million | 5 | $8.2 million |
| 2024 | $6.1 million | 7 | $22.3 million |
How to apply
| Contact | Worldquant Foundation C/O Dena CADENA1700 E Putnam Ave, Old Greenwich, CT 06870 |
|---|---|
| Phone or email | (203) 344-6459 |
| What to submit | Online application with applicant submitting a resume, essay, transcript of academic performance, and at least two letters of recommendation. Included in the resume is a section that lists scholarships, prizes, awards, publications, presentation and patents. The personal essay states the applicant's need for the scholarship, vision for the future and how he/she will figure in it, their motivation for study and success, and their ethical and moral beliefs, as evidenced through real-life experience. |
| Deadlines | Applications for fall semester are due by may 15. Notification is in july. |
| Restrictions | Desire to study quantitative analysis. |
Foundation website IRS filings on ProPublica
What Worldquant Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Louisiana.
| State | Grants | Amount |
|---|---|---|
| Louisiana | 1 | $5.6 million |
| New York | 5 | $578,700 |
| Connecticut | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Worldquant University | Educational purpose | $5.6 million |
| Milken Institute | Educational purpose | $300,000 |
| Carnegie Hall Corp | Educational purpose | $198,700 |
| Casa Verde Home of Hope | Educational purpose | $30,000 |
| Orphaned Starfish Foundation | Educational purpose | $25,000 |
| Student Advocacy | Educational purpose | $25,000 |
| Boys and Girls Club of Greenwich | Educational purpose | $10,000 |
Officers and trustees
- Igor Tulchinsky
- Jeff Blomberg
- Jonathan Marom
Questions people ask
Does Worldquant Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Applications for fall semester are due by may 15. Notification is in july..
How much does Worldquant Foundation give?
$6.1 million in tax year 2024, across 7 grants, with a typical grant of $30,000.
Who runs Worldquant Foundation?
Its 2024 filing lists Igor Tulchinsky (President/Treas/Director), Jeff Blomberg (Secretary/Director) and Jonathan Marom (V Pres/Director).
What does Worldquant Foundation fund?
Based on its grants, mainly education.