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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. Total assets have grown from $1K in 2012 to $39.5M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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. The application deadline is NONE.. None.
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 | N/A |
| Kevin Murphy | CHAIRMAN OF THE BOARD | $0 | $0 | N/A |
| Phil Gramm | BOARD MEMBER | $0 | $0 | N/A |
| Robert Topel | VICE CHAIR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$39.5M
Fair Market Value
N/A
Net Worth
$39.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |