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Welfare Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 1947. It holds total assets of $106.7M. Annual income is reported at $65.5M. Total assets have grown from $86.9M in 2011 to $106.7M in 2024. The foundation is governed by 11 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Delaware and Pennsylvania. According to available records, Welfare Foundation Inc. has made 188 grants totaling $20.2M, with a median grant of $73K. Annual giving has grown from $4M in 2020 to $5.5M in 2023. Grantmaking activity was highest in 2022 with $10.7M distributed across 116 grants. Individual grants have ranged from $5K to $4M, with an average award of $107K. The foundation has supported 130 unique organizations. The foundation primarily supports organizations in Delaware, Pennsylvania, New Jersey, which account for 98% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$50K
Average Grant
$72K
Largest Grant
$250K
Based on 70 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.
Welfare Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 188 grants. Its grantmaking reaches organizations primarily in DE, PA, NJ.
Welfare Foundation Inc. has distributed a total of $20.2M across 188 grants. The median grant size is $73K, with an average of $107K. Individual grants have ranged from $5K to $4M.
The application deadline is APRIL 15 AND OCTOBER 15. Limited to delaware and greater wilmington area.
Welfare Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Grundner | PRESIDENT/ASST SECRETARY/T | $228K | $54K | $285K |
| William L Kitchel Iii | TREASURER/TRUSTEE | $0 | $0 | N/A |
| E Bradford Dupont Jr | CHAIRMAN/TRUSTEE | $0 | $0 | N/A |
| Leatrice D Elliman | SECRETARY/TRUSTEE | $0 | $0 | N/A |
| Robert H Bolling Iii | TRUSTEE | $0 | $0 | N/A |
| Brent W Dupont | TRUSTEE | $0 | $0 | N/A |
| D Trowbridge Elliman | TRUSTEE | $0 | $0 | N/A |
| R Huntington Bolling | TRUSTEE | $0 | $0 | N/A |
| Margaret L Laird | TRUSTEE | $0 | $0 | N/A |
| W Laird Stabler | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Avery Stabler Travis | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$106.7M
Fair Market Value
N/A
Net Worth
$104.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
188
Total Giving
$20.2M
Average Grant
$107K
Median Grant
$73K
Unique Recipients
130
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Todmorden FoundationGRANT | Wilmington, DE | $200K | 2023 |
| Zoe Ministries IncGRANT | Greenwood, DE | $100K | 2023 |
| Friendship House IncGRANT | Wilmington, DE | $60K | 2023 |
| Toivoa CoachingGRANT | Newark, DE | $50K | 2023 |
| Fame IncGRANT | Wilmington, DE | $300K | 2023 |
| Delaware State University FoundationGRANT | Dover, DE | $250K | 2023 |
| Exceptional Care For Children IncGRANT | Newark, DE | $200K | 2023 |
| Delaware Technical & Community CollegeGRANT | Wilmington, DE | $200K | 2023 |
| Be Ready Community Development CorporationGRANT | Wilmington, DE | $200K | 2023 |
| Newark Charter SchoolGRANT | Newark, DE | $150K | 2023 |
| Cheer IncGRANT | Georgetown, DE | $150K | 2023 |
| Saint Mark'S High SchoolGRANT | Wilmington, DE | $150K | 2023 |
| Freire FoundationGRANT | Philadelphia, PA | $150K | 2023 |
| Joshua M Freeman FoundationGRANT | Selbyville, DE | $150K | 2023 |
| Limen Recovery WellnessGRANT | Wilmington, DE | $150K | 2023 |
| Newark Senior CenterGRANT | Newark, DE | $100K | 2023 |
| Wilmington AllianceGRANT | Wilmington, DE | $100K | 2023 |
| American Red Cross Delmarva ChapterGRANT | Wilmington, DE | $100K | 2023 |
| United Way Of DelawareGRANT | Wilmington, DE | $100K | 2023 |
| Survivor Ventures IncGRANT | Norfolk, VA | $100K | 2023 |
| The Rosa Health CenterGRANT | Georgetown, DE | $100K | 2023 |
| Delaware Theatre CompanyGRANT | Wilmington, DE | $100K | 2023 |
| The Way HomeGRANT | Georgetown, DE | $100K | 2023 |
| Lutheran Senior Services Of DoverGRANT | Wilmington, DE | $100K | 2023 |
| Delaware Children'S MuseumGRANT | Wilmington, DE | $80K | 2023 |
| The Nature ConservancyGRANT | Wilmington, DE | $80K | 2023 |
| What Is Your Voice IncGRANT | Lewes, DE | $80K | 2023 |
| Calliope Project Inc (Milton Theatre)GRANT | Milton, DE | $80K | 2023 |
| Delaware College ScholarsGRANT | Dover, DE | $75K | 2023 |
| Local Journalism InitiativeGRANT | Wilmington, DE | $75K | 2023 |
| University Drama GroupGRANT | Newark, DE | $75K | 2023 |
| Faithful Friends IncGRANT | New Castle, DE | $75K | 2023 |
| Arc Of DelawareGRANT | Wilmington, DE | $75K | 2023 |
| Delaware Historical SocietyGRANT | Wilmington, DE | $75K | 2023 |
| Big Brothersbig Sisters Of De IncGRANT | Newark, DE | $75K | 2023 |
| Sojourners' PlaceGRANT | Wilmington, DE | $70K | 2023 |
| Kalmar Nyckel FoundationGRANT | Wilmington, DE | $68K | 2023 |
| Arc Of Chester CountyGRANT | West Chester, PA | $62K | 2023 |
| Sean Locke 24 FoundationGRANT | Newark, DE | $60K | 2023 |
| The Music School Of Delaware IncGRANT | Wilmington, DE | $60K | 2023 |
| Opera Delaware IncGRANT | Wilmington, DE | $60K | 2023 |
| National Interscholastic Cycling AssociationGRANT | Orinda, CA | $50K | 2023 |
| The Everett IncGRANT | Middletown, DE | $50K | 2023 |
| Neighborhood House IncGRANT | Wilmington, DE | $50K | 2023 |
| Down Syndrome Association Of DelawareGRANT | Middletown, DE | $48K | 2023 |
| StriveGRANT | New York, NY | $45K | 2023 |
| Cancer Support Community DelawareGRANT | Wilmington, DE | $40K | 2023 |
| Veterans Watchmaker Initiative IncGRANT | Odessa, DE | $40K | 2023 |
| Kencrest ServicesGRANT | Blue Bell, PA | $40K | 2023 |
| Do Care Doula FoundationGRANT | Dover, DE | $40K | 2023 |