KENMORE, WA

Carrie Welch Trust

Also known as: DBA CARRIE WELCH TRUST

Quick Facts

EIN: 916030361
Location: KENMORE, WA
Phone: (425) 478-6300
Category: General
Total Assets: $1.9M
Annual Income: $386K
IRS Ruling Year: 1947
Organization Type: Non-Operating Foundation
Principal Officer: % George Gose
Tax Deductibility: Contributions are deductible

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About This Foundation

Carrie Welch Trust is a private trust based in KENMORE, WA. The foundation received its IRS ruling in 1947. The principal officer is % George Gose. It holds total assets of $1.9M. Annual income is reported at $386K. According to available records, Carrie Welch Trust has made 12 grants totaling $217K, with a median grant of $10K. Annual giving has grown from $66K in 2021 to $85K in 2023. Individual grants have ranged from $2K to $50K, with an average award of $18K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.

Application Information

Deadline

NONE.

Restrictions

RECIPIENTS MUST RESIDE IN THE STATE OF WASHINGTON AND BE AT A FINANCIAL DISADVANTAGE WHERE FUND ARE NEEDED TO MAINTAIN DAILY OPERATIONS.

Frequently Asked Questions

What does Carrie Welch Trust fund?

Carrie Welch Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in WA.

How much does Carrie Welch Trust give in grants?

Carrie Welch Trust has distributed a total of $217K across 12 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $2K to $50K.

How do I apply for a grant from Carrie Welch Trust?

The application deadline is NONE.. RECIPIENTS MUST RESIDE IN THE STATE OF WASHINGTON AND BE AT A FINANCIAL DISADVANTAGE WHERE FUND ARE NEEDED TO MAINTAIN DAILY OPERATIONS.

Where is Carrie Welch Trust located?

Carrie Welch Trust is headquartered in KENMORE, WA.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
George Gose	TRUSTEE	$18K	$0	$18K

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$272K

2022+44%

Total Assets

$1.6M

2022-3%

Fair Market Value

$2.7M

2022

Net Worth

$1.6M

2022

Grants Paid

$160K

2022

Contributions

2022

Net Investment Income

$23K

2022

Distribution Amount

$135K

2022

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2022)

Total: $1.1M

Corporate Stock (88%)

Corporate Bonds (0%)

Cash (11%)

Expense Breakdown (2022)

Revenue Sources (2022)

Capital Gains (Net): $63K
Gross Rents: $30K
Dividends: $23K
Other Income: $9K

Financial Details (2022)

Total Revenue: $124K
Total Expenses: $272K
Exempt Purpose Expenses: $93K
Required Distribution: $135K
Undistributed Income: $0
Grants Approved (Future): $75K
Total Liabilities: $1
Excise Tax: $313

Foundation Classification (2022)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$217K

Average Grant

$18K

Median Grant

$10K

Unique Recipients

Most Common Grant

$10K

Grant Disbursements by Year

Grant Range

Min$2K

Max$50K

Median: $10K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

WA$217K (12)

Past Grantees

Recipient	Location	Amount	Year
College Success FoundationEDUCATION SUPPORT	Issaquah, WA	$50K	2023
Whitman CollegeEDUCATION SUPPORT	Walla Walla, WA	$10K	2023
Ymca Of Walla WallaCHARITABLE SUPPORT	Walla Walla, WA	$10K	2023
Ywca Of Walla WallaCHARITABLE SUPPORT	Walla Walla, WA	$8K	2023
Carnegie Picture LabEDUCATION SUPPORT	Walla Walla, WA	$5K	2023