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Welch Foundation Inc. is a private corporation based in SPOKANE, WA. The foundation received its IRS ruling in 1954. The principal officer is David Green. It holds total assets of $169K. Annual income is reported at $106K. Total assets have decreased from $313K in 2011 to $185K in 2022. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Welch Foundation Inc. has made 6 grants totaling $160K, with a median grant of $10K. Annual giving has decreased from $100K in 2020 to $40K in 2022. Individual grants have ranged from $10K to $100K, with an average award of $27K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Washington. 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.
Welch Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in WA.
Welch Foundation Inc. has distributed a total of $160K across 6 grants. The median grant size is $10K, with an average of $27K. Individual grants have ranged from $10K to $100K.
Welch Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Welch Foundation Inc. is headquartered in SPOKANE, WA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeff O'Neill | TRUSTEE/DIRE | $0 | $0 | N/A |
| Carol A Wilson | PRESIDENT | $0 | $0 | N/A |
| Jacqueline Peterson | VICE-PRESIDE | $0 | $0 | N/A |
| Frank O'Neill | SECRETARY | $0 | $0 | N/A |
| Michael F Wilson | TRUSTEE/DIRE | $0 | $0 | N/A |
| Lyn Mills | TRUSTEE/DIRE | $0 | $0 | N/A |
Total Giving
$1K
Total Assets
$185K
Fair Market Value
$212K
Net Worth
$185K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$10K
Total: $180K
Total Grants
6
Total Giving
$160K
Average Grant
$27K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Women & Children'S Free RestaurantGENERAL SUPPORT | Spokane, WA | $10K | 2022 |
| Salvation Army - SpokaneSALLY'S HOUSE SUPPORT | Spokane, WA | $10K | 2022 |
| Spokane HopeGENERAL SUPPORT | Spokane, WA | $20K | 2021 |
| Gonzaga Preparatory School FoundationIn support of the Emmaus Fund, a permanently restricted endownment with the mission to enhance the ability of Gonzaga Preparatory School to educate and support the mental and emotional health of its students. | Spokane, WA | $100K | 2020 |