//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Welch Family Foundation is a private corporation based in TULSA, OK. The foundation received its IRS ruling in 1996. It holds total assets of $2.8M. Annual income is reported at $1.5M. The foundation is governed by 5 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 2016 to 2023. Funding is distributed across 4 states, including Oklahoma, Washington, Missouri. According to available records, Welch Family Foundation has made 28 grants totaling $624K, with a median grant of $20K. Annual giving has decreased from $236K in 2020 to $185K in 2022. Individual grants have ranged from $5K to $62K, with an average award of $22K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Oklahoma, Washington, Missouri, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$24K
Largest Grant
$62K
Based on 10 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.
Welch Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in OK, WA, MO.
Welch Family Foundation has distributed a total of $624K across 28 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $5K to $62K.
Welch Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Welch Family Foundation is headquartered in TULSA, OK. While based in OK, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Mckinney | VP & DIRECTOR | $0 | $0 | N/A |
| Peggy Welch Hoyt | VP & SECRETARY | $0 | $0 | N/A |
| William J Welch Jr | DIR. & PRES. | $0 | $0 | N/A |
| Grace Sensintaffar | Director | $0 | $0 | N/A |
| Douglas S Welch | Director | $0 | $0 | N/A |
Total Giving
$211K
Total Assets
$2.5M
Fair Market Value
$4.2M
Net Worth
$2.5M
Grants Paid
$208K
Contributions
N/A
Net Investment Income
$108K
Distribution Amount
$210K
Total: $2.5M
Total Grants
28
Total Giving
$624K
Average Grant
$22K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchSUPPORT FOR RELIGIOUS ACTIVITIES | Tulsa, OK | $20K | 2022 |
| Whitworth UniversitySUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS | Spokane, WA | $53K | 2022 |
| Literacy & Evangelism InternationalSUPPORT FOR RELIGIOUS & EDUCATIONAL PROGRAMS | Tulsa, OK | $25K | 2022 |
| Camp LoughridgeSUPPORT FOR RELIGIOUS AND YOUTH PROGRAMS | Tulsa, OK | $20K | 2022 |
| Helping Hand Ministry IncSUPPORT FOR SERVICES PROVIDED TO THE NEEDY | Tulsa, OK | $20K | 2022 |
| College Of The OzarksSCHOLARSHIPS | Point Lookout, MO | $20K | 2022 |
| Operation Hope Prison MinistrySUPPORT FOR SERVICES PROVIDED TO THOSE IN NEED | Tulsa, OK | $12K | 2022 |
| Goodland AcademySUPPORT FOR RESIDENCY PROGRAMS | Hugo, OK | $10K | 2022 |
| Asbury SeminarySUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS | Wilmore, KY | $5K | 2022 |
| West Tulsa UmcSUPPORT FOR MUSIC MINISTRY | Tulsa, OK | $23K | 2020 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK