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Also known as: FOUNDATION
Judith And Richard Welch Family Foundation is a private corporation based in RIVERWOODS, IL. The foundation received its IRS ruling in 2020. It holds total assets of $524K. Annual income is reported at $173K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Judith And Richard Welch Family Foundation has made 48 grants totaling $148K, with a median grant of $2K. Annual giving has grown from $42K in 2021 to $59K in 2023. Individual grants have ranged from $230 to $15K, with an average award of $3K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Illinois, California, New York, which account for 73% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Judith And Richard Welch Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in IL, CA, NY.
Judith And Richard Welch Family Foundation has distributed a total of $148K across 48 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $230 to $15K.
Judith And Richard Welch Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Judith And Richard Welch Family Foundation is headquartered in RIVERWOODS, IL. While based in IL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Welch | Director | $0 | $0 | $0 |
| Judith Welch | Foundation Mgr. | $0 | $0 | $0 |
Total Giving
$65K
Total Assets
$558K
Fair Market Value
$596K
Net Worth
$558K
Grants Paid
$59K
Contributions
$0
Net Investment Income
$77K
Distribution Amount
$0
Total: $0
Total Grants
48
Total Giving
$148K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
22
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Parkinson FoundationGENERAL | Miami, FL | $2K | 2023 |
| Evans Scholars FoundationGENERAL | Glenview, IL | $15K | 2023 |
| Hoover InstituteGENERAL | Stanford, CA | $12K | 2023 |
| Jewish United FundGENERAL | New York, NY | $5K | 2023 |
| Ronald Mcdonald HouseGENERAL | Chicago, IL | $3K | 2023 |
| St Jude CharitiesGENERAL | Memphis, TN | $3K | 2023 |
| Orphans Of The StormGENERAL | Riverwoods, IL | $3K | 2023 |
| Museum Of Science IndustryGENERAL | Chicago, IL | $3K | 2023 |
| Shriner'S Hospital-ChicagoGENERAL | Chicago, IL | $3K | 2023 |
| Paws-ChicagoGENERAL | Chicago, IL | $3K | 2023 |
| Bucks County Tour Of HonorGENERAL | Doylestown, PA | $2K | 2023 |
| Chicago Mitzvah CampaignGENERAL | Chicago, IL | $2K | 2023 |
| Twin Orchard Scholarship FundGENERAL | Long Grove, IL | $1K | 2023 |
| Us Golf AssociationGENERAL | Liberty Corner, NJ | $500 | 2023 |
| American Brain Tumor AssociationGENERAL | Chicago, IL | $500 | 2023 |
| Leukemia Lymphoma SocietyGENERAL | Rye Brook, NY | $500 | 2023 |
| Silver Hawks Youth Baseball FoundatGENERAL | St Charles, IL | $3K | 2022 |
| Police Officer Foundation Of ScottsGENERAL | Scottsdale, AZ | $1K | 2022 |
| Children'S Charities Of IowaGENERAL | Des Moines, IA | $1K | 2021 |
| Crohn'S Colitis FoundationGENERAL | New York, NY | $500 | 2021 |
| Am Shalon R Gordon FundGENERAL | Glencoe, IL | $250 | 2021 |
| Il Pga FoundationGENERAL | Glenview, IL | $230 | 2021 |
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