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The Welk Family Philanthropies Inc. is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1999. It holds total assets of $4.4M. Annual income is reported at $224K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Welk Family Philanthropies Inc. has made 36 grants totaling $777K, with a median grant of $30K. Annual giving has grown from $211K in 2020 to $400K in 2022. Individual grants have ranged from $4K to $60K, with an average award of $26K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in California and District of Columbia. Contributions to this foundation are tax-deductible.
The Welk Family Philanthropies Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in CA, DC.
The Welk Family Philanthropies Inc. has distributed a total of $777K across 36 grants. The median grant size is $30K, with an average of $26K. Individual grants have ranged from $4K to $60K.
The Welk Family Philanthropies Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Welk Family Philanthropies Inc. is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr James Mack | Director | $0 | $0 | $0 |
| Shirley Fredricks | Director | $0 | $0 | $0 |
| Larry Welk | Director | $0 | $0 | $0 |
| Lisa Parker | President | $0 | $0 | $0 |
| Tracey Welk | Director | $0 | $0 | $0 |
Total Giving
$264K
Total Assets
$4.4M
Fair Market Value
$4M
Net Worth
$4.4M
Grants Paid
$200K
Contributions
$100K
Net Investment Income
$61K
Distribution Amount
$201K
Total: $2.9M
Total Grants
36
Total Giving
$777K
Average Grant
$26K
Median Grant
$30K
Unique Recipients
14
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| One VoiceGeneral OperatingGrant | Santa Monica, CA | $30K | 2022 |
| Safe Place For YouthGeneral OperatingSupport | Venice, CA | $60K | 2022 |
| A Step BeyondGeneral OperatingSupport | Escondido, CA | $30K | 2022 |
| Imagine LaGeneral OperatingSupport | Los Angeles, CA | $30K | 2022 |
| Angelica Ctr For ArtsmusicGeneral Support | Los Angeles, CA | $30K |
| Heather Colmore Mack |
| Treasurer |
| $0 |
| $0 |
| $0 |
| Robert Fredricks | Director | $0 | $0 | $0 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| Good Shepard ShelterGeneral OperatingSupport | Los Angeles, CA | $20K | 2022 |
| Help GuideGrant | Los Angeles, CA | $10K | 2021 |
| Int'L Community FoundationBaja Food RetreivalGrant | National City, CA | $6K | 2021 |
| All Mental HealthGeneral OperatingGrant | Richmond, CA | — | 2021 |
| Ca Community FoundationGeneral OperatingGrant | Los Angeles, CA | — | 2021 |
| Lift-Los AngelesGeneral OperatingGrant | Los Angeles, CA | — | 2021 |
| Mayors Fund For Los AngelesCovid ReliefGrant | Los Angeles, CA | — | 2021 |
| Nat'L Ctr For Family PhilanthropyGeneral OperatingSupport | Washington, DC | — | 2021 |
| Partnership For Advance Of New AmericansGeneral OperatingGrant | San Diego, CA | — | 2021 |
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