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Dr Michael J Welch Foundation is a private corporation based in NEW CANAAN, CT. The foundation received its IRS ruling in 2014. The principal officer is % Foundation Source. It holds total assets of $2K. Annual income is reported at $18. The foundation operates in the area of philanthropy & grantmaking. According to available records, Dr Michael J Welch Foundation has made 3 grants totaling $45K, with a median grant of $22K. Annual giving has decreased from $43K in 2022 to $2K in 2023. Individual grants have ranged from $2K to $22K, with an average award of $15K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Nebraska and New York. Contributions to this foundation are tax-deductible.
Dr Michael J Welch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NE, NY.
Dr Michael J Welch Foundation has distributed a total of $45K across 3 grants. The median grant size is $22K, with an average of $15K. Individual grants have ranged from $2K to $22K.
Dr Michael J Welch Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dr Michael J Welch Foundation is headquartered in NEW CANAAN, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Welch | PRESIDENT, DIRECTOR, SEC. | $0 | $0 | $0 |
Total Giving
$4K
Total Assets
$5K
Fair Market Value
$15K
Net Worth
$5K
Grants Paid
$2K
Contributions
$2K
Net Investment Income
$11
Distribution Amount
$667
Total: $0
Total Grants
3
Total Giving
$45K
Average Grant
$15K
Median Grant
$22K
Unique Recipients
2
Most Common Grant
$22K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lehman CollegeDONATION | Bronx, NY | $2K | 2023 |
| The Education And Research Foundation For Nuclear MedicineDONATION | Omaha, NE | $22K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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