//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $1.4M in 2011 to $4.4M in 2022. The foundation is governed by 7 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 2015 to 2022. Grantmaking is concentrated in California. 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.
Smallest Grant
$6K
Median Grant
$30K
Average Grant
$24K
Largest Grant
$30K
Based on 7 grants from the most recent 990-PF filing.
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.
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 | N/A |
| Shirley Fredricks | Director | $0 | $0 | N/A |
| Larry Welk | Director | $0 | $0 | N/A |
| Lisa Parker | President | $0 | $0 | N/A |
| Tracey Welk | Director | $0 | $0 | N/A |
| Heather Colmore Mack | Treasurer | $0 | $0 | N/A |
| Robert Fredricks | Director | $0 | $0 | N/A |
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 |
| Angelica Ctr For ArtsmusicGeneral Support | Los Angeles, CA | $30K | 2022 |
| Imagine LaGeneral OperatingSupport | Los Angeles, CA | $30K | 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 |
| 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 |
| Ca Community FoundationGeneral OperatingGrant | Los Angeles, CA | — | 2021 |
| Partnership For Advance Of New AmericansGeneral OperatingGrant | San Diego, CA | — | 2021 |
| All Mental HealthGeneral OperatingGrant | Richmond, CA | — | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA