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Welshons Family Scholarship Trust is a private corporation based in HASTINGS, MN. The foundation received its IRS ruling in 1988. It holds total assets of $234K. Annual income is reported at $8K. PROVIDING COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS. According to available records, Welshons Family Scholarship Trust has made 29 grants totaling $79K, with a median grant of $3K. Annual giving has decreased from $18K in 2020 to $14K in 2023. Grantmaking activity was highest in 2022 with $33K distributed across 12 grants. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Minnesota and Iowa. Contributions to this foundation are tax-deductible.
PROVIDING COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS.
Expenses: $15K
PROVIDING COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in MN, IA.
Welshons Family Scholarship Trust has distributed a total of $79K across 29 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $4K.
LIMITED TO HASTINGS HIGH SCHOOL STUDENTS.
Welshons Family Scholarship Trust is headquartered in HASTINGS, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Welshons Trustee | TRUSTEE | $0 | $0 | $0 |
Total Giving
$18K
Total Assets
$245K
Fair Market Value
$269K
Net Worth
$245K
Grants Paid
$14K
Contributions
$0
Net Investment Income
$4K
Distribution Amount
$12K
Total Grants
29
Total Giving
$79K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
13
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aidan PaceSCHOLARSHIP | Hastings, MN | $4K | 2023 |
| Ariel WolbeckSCHOLARSHIP | Cottage Grove, MN | $4K | 2023 |
| Lillian HiloSCHOLARSHIP | Hastings, MN | $3K | 2023 |
| Lillian HayesSCHOLARSHIP | Hastings, MN | $3K | 2023 |
| Alina SokolovaSCHOLARSHIP | Moorhead, MN | $2K | 2023 |
LAKE VIEW, IA
GREENBRIER, AR
PLENTYWOOD, MT
TIFFIN, OH
WINTER PARK, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Lillian HikoSCHOLARSHIP |
| Hastings, MN |
| $4K |
| 2022 |
| Bethle RadiateSCHOLARSHIP | Hastings, MN | $2K | 2022 |
| Eli RoseSCHOLARSHIP | Mount Vernon, IA | $4K | 2021 |
| Logan LochSCHOLARSHIP | Mankota, MN | $3K | 2021 |
| Claire GladeSCHOLARSHIP | Hastings, MN | $2K | 2021 |
| Wei ShengSCHOLARSHIP | Hastings, MN | $2K | 2021 |
| Samuel PonceletSCHOLARSHIP | Hastings, MN | $4K | 2020 |
| Sophia GreenSCHOLARSHIP | Hastings, MN | $2K | 2020 |
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