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Welty Foundation Inc. is a private corporation based in SPOKANE, WA. The foundation received its IRS ruling in 1994. It holds total assets of $830K. Annual income is reported at $164K. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Washington and Idaho. According to available records, Welty Foundation Inc. has made 16 grants totaling $107K, with a median grant of $5K. The foundation has distributed between $50K and $57K annually from 2022 to 2023. Individual grants have ranged from $3K to $20K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Washington and California.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$19K
Based on 8 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.
Welty Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in WA, CA.
Welty Foundation Inc. has distributed a total of $107K across 16 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $20K.
The application deadline is WITHIN THE CALENDAR YEAR. Qualifying literary and arts organizations.
Welty Foundation Inc. is headquartered in SPOKANE, WA. While based in WA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Berdine S Bender Md | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Robert D Wigert Md | DIRECTOR/VP | $0 | $0 | N/A |
| Christine S Schnug | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$64K
Total Assets
$829K
Fair Market Value
$1M
Net Worth
$829K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$41K
Distribution Amount
$49K
Total: $788K
Total Grants
16
Total Giving
$107K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spokane Public SchoolsPROVIDE RESOURCES FOR FOSTERING EDUCATION | Spokane, WA | $15K | 2023 |
| Spokane Youth SymphonyPROVIDE RESOURCES FOR FOSTERING MUSIC | Spokane, WA | $10K | 2023 |
| Spokane Symphony SocietyPROVIDE RESOURCES FOR FOSTERING MUSIC | Spokane, WA | $6K | 2023 |
| Spokane Area Youth ChoirsPROVIDE RESOURCES FOR FOSTERING MUSIC | Spokane, WA | $5K | 2023 |
| Nw Museum Of Arts & CulturePROVIDE RESOURCES FOR FOSTERING THE ARTS | Spokane, WA | $5K | 2023 |
| The Salvation ArmyPROVIDE RESOURCES FOR FOSTERING EDUCATION | Ranchos Palos Verdes, CA | $5K | 2023 |
| West Central Community Development AssociationPROVIDE RESOURCES FOR FOSTERING THE ARTS | Spokane, WA | $3K | 2023 |
| Boys & Girls Clubs Of Spokane CountyPROVIDE RESOURCES FOR FOSTERING EDUCATION | Spokane, WA | $3K | 2023 |