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Finis Welch Foundation is a private corporation based in COLLEGE STA, TX. The foundation received its IRS ruling in 2012. The principal officer is % Lara Anderson. It holds total assets of $39.5M. Annual income is reported at $13.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Finis Welch Foundation has made 5 grants totaling $1M, with a median grant of $276K. Annual giving has grown from $329K in 2020 to $553K in 2022. Individual grants have ranged from $50K to $279K, with an average award of $204K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Finis Welch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TX.
Finis Welch Foundation has distributed a total of $1M across 5 grants. The median grant size is $276K, with an average of $204K. Individual grants have ranged from $50K to $279K.
Finis Welch Foundation typically selects its grantees rather than accepting unsolicited proposals.
Finis Welch Foundation is headquartered in COLLEGE STA, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lara Anderson | PRESIDENT / TREASURER | $200K | $31K | $232K |
| Wendy Gramm | BOARD MEMBER | $0 | $0 | $0 |
| Kevin Murphy | CHAIRMAN OF THE BOARD | $0 | $0 | $0 |
| Phil Gramm | BOARD MEMBER | $0 | $0 | $0 |
| Robert Topel | VICE CHAIR | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$27.9M
Fair Market Value
$27.9M
Net Worth
$27.9M
Grants Paid
$408K
Contributions
$10M
Net Investment Income
$861K
Distribution Amount
$1M
Total Grants
5
Total Giving
$1M
Average Grant
$204K
Median Grant
$276K
Unique Recipients
2
Most Common Grant
$276K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas A&M UniversityTO PROVIDE SCHOLARSHIPS | College Station, TX | $276K | 2022 |
| Amon Carter MuseumTO FUND PHOTOGRAPHY ACQUISITIONS. | Fort Worth, TX | $50K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
HOUSTON, TX
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