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James & Virginia Welch Foundation is a private corporation based in PARSIPPANY, NJ. The foundation received its IRS ruling in 1997. The principal officer is % Mccabe Heidrich & Wong Pc. It holds total assets of $3.2M. Annual income is reported at $384K. The foundation operates in the area of philanthropy & grantmaking. According to available records, James & Virginia Welch Foundation has made 81 grants totaling $472K, with a median grant of $2K. Annual giving has grown from $182K in 2022 to $290K in 2023. Individual grants have ranged from $100 to $50K, with an average award of $6K. The foundation has supported 59 unique organizations. The foundation primarily supports organizations in New Jersey, Massachusetts, New York, which account for 74% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
James & Virginia Welch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in NJ, MA, NY.
James & Virginia Welch Foundation has distributed a total of $472K across 81 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $100 to $50K.
James & Virginia Welch Foundation typically selects its grantees rather than accepting unsolicited proposals.
James & Virginia Welch Foundation is headquartered in PARSIPPANY, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Wong | VICE PRESIDENT | $0 | $0 | $0 |
| Virginia B Welch | PRESIDENT | $0 | $0 | $0 |
| Christine Krentz | SECRETARY AND TREASURER | $0 | $0 | $0 |
Total Giving
$330K
Total Assets
$3.3M
Fair Market Value
$6.2M
Net Worth
$3.3M
Grants Paid
$290K
Contributions
$0
Net Investment Income
$54K
Distribution Amount
$289K
Total: $3.3M
Total Grants
81
Total Giving
$472K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
59
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christopher & Dana Reeve FoundationUNRESTRICTED | Short Hills, NJ | $50K | 2023 |
| Metropolitan Museum Of ArtUNRESTRICTED | New York, NY | $25K | 2023 |
| Museum Of Fine ArtsUNRESTRICTED | Boston, MA | $25K | 2023 |
| Massachusetts General HospitalUNRESTRICTED | Boston, MA | $25K | 2023 |
| Harvard College FundUNRESTRICTED | Cambridge, MA | $25K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| New Jersey Conservation FoundationUNRESTRICTED |
| Far Hills, NJ |
| $25K |
| 2023 |
| Lincoln Center For The Performing Arts IncUNRESTRICTED | New York, NY | $15K | 2023 |
| Rockefeller UniversityUNRESTRICTED | New York, NY | $10K | 2023 |
| Society Of The Four ArtsUNRESTRICTED | Palm Beach, FL | $10K | 2023 |
| Manchester-Essex Conservation Trust IncUNRESTRICTED | Manchester, MA | $10K | 2023 |
| National Museum Of Wildlife Art Of The United StatesUNRESTRICTED | Jackson, WY | $10K | 2023 |
| United States Soccer FoundationUNRESTRICTED | Washington, DC | $10K | 2023 |
| The Hospital For Special Surgery Fund IncUNRESTRICTED | New York, NY | $10K | 2023 |
| Vassar CollegeUNRESTRICTED | Poughkeepsie, NY | $10K | 2023 |
| Pingry CorporationUNRESTRICTED | Basking Ridge, NJ | $10K | 2023 |
| Friends Of Harvard Athletics SoccerUNRESTRICTED | Harvard, MA | $5K | 2023 |
| Philharmonic-Symphony Society Of New York IncUNRESTRICTED | New York, NY | $5K | 2023 |
| Cape Ann Museum IncUNRESTRICTED | Gloucester, MA | $3K | 2023 |
| Hooper Fund For Manchester Children IncUNRESTRICTED | Beverly, MA | $3K | 2023 |
| Seeing Eye IncUNRESTRICTED | Morristown, NJ | $2K | 2023 |
| Plaid House IncUNRESTRICTED | Morristown, NJ | $2K | 2023 |
| Paul'S Place IncUNRESTRICTED | Baltimore, MD | $1K | 2023 |
| Trustees Of Columbia UniversityUNRESTRICTED | New York, NY | $15K | 2022 |
| Northeastern UniversityUNRESTRICTED | Boston, MA | $6K | 2022 |
| The Salvation ArmyUNRESTRICTED | Union, NJ | $5K | 2022 |
| Community Congregational ChurchUNRESTRICTED | Short Hills, NJ | $5K | 2022 |
| Summit Medical Group FoundationUNRESTRICTED | New Providence, NJ | $3K | 2022 |
| Foundation Of The Massachusetts Eye And Ear Infirmary IncUNRESTRICTED | Somerville, MA | $2K | 2022 |
| Friends Of The Lobkowicz CollectionsUNRESTRICTED | Dover, MA | $2K | 2022 |
| Judicial Watch IncUNRESTRICTED | Washington, DC | $2K | 2022 |
| National Multiple Sclerosis Society New York CityUNRESTRICTED | New York, NY | $2K | 2022 |
| Northeast Hospital CorporationUNRESTRICTED | Beverly, MA | $2K | 2022 |
| Cure Alzheimer'S FundUNRESTRICTED | Wellesley Hills, MA | $2K | 2022 |
| Overlook Hospital FoundationUNRESTRICTED | Summit, NJ | $2K | 2022 |
| International Conservation Caucus FoundationUNRESTRICTED | Washington, DC | $1K | 2022 |
| Greenwood Gardens & NatureUNRESTRICTED | Short Hills, NJ | $1K | 2022 |
| Liberty Science Center IncUNRESTRICTED | Jersey City, NJ | $1K | 2022 |
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