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Julien & Vera Welles Foundation is a private corporation based in WESTLAKE VLG, CA. The foundation received its IRS ruling in 1991. The principal officer is Vera May Welles. It holds total assets of $1.5M. Annual income is reported at $354K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Julien & Vera Welles Foundation has made 5 grants totaling $460K, with a median grant of $90K. The foundation has distributed between $90K and $180K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $180K distributed across 2 grants. Individual grants have ranged from $90K to $100K, with an average award of $92K. Grant recipients are concentrated in California. 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.
Julien & Vera Welles Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Julien & Vera Welles Foundation has distributed a total of $460K across 5 grants. The median grant size is $90K, with an average of $92K. Individual grants have ranged from $90K to $100K.
Julien & Vera Welles Foundation typically selects its grantees rather than accepting unsolicited proposals.
Julien & Vera Welles Foundation is headquartered in WESTLAKE VLG, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brenda Brock | CFO & SECRET | $0 | $0 | N/A |
| Cathy Younger | PRESIDENT & | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$46K
Distribution Amount
$73K
Total: $1.4M
Total Grants
5
Total Giving
$460K
Average Grant
$92K
Median Grant
$90K
Unique Recipients
1
Most Common Grant
$90K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Canine Companions For IndependenceGENERAL | Oceanside, CA | $100K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA