EIN 22-2989001

WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Year formed
1989
Most recent tax filings
2022-12-01
NTEE code, primary
Description
WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTAL DEVELOPMENT is a private foundation located in Hudson, MA. Its primary purpose is to fund long term capital trading activity and meet the IRS minimum distribution. Grantees of the foundation include Harvard University and others, and it made seven grants last year.
Total revenues
$131,226
2022
Total expenses
$2,720,057
2022
Total assets
$13,862
2022
Num. employees
n/a

Program areas at WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

Long term capital trading activity

Grants made by WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

GranteeGrant descriptionAmount
Harvard UniversityPrimary Purpose of the Foundation To Meet Irs Minimum Distribution$800,000
Harvard UniversityPrimary Purpose of the Foundation To Meet Irs Minimum Distribution$400,000
Harvard UniversityPrimary Purpose of the Foundation To Meet Irs Minimum Distribution$250,000

Personnel at WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

NameTitleCompensation
Peter ScahillTrustee$0

Financials for WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,223
Investment income and dividends$24,667
Net rental income$0
Net gain from sale of non-inventory assets$103,970
Gross sales of inventory$0
Miscellaneous revenues$366
Total revenues$131,226

Form 990s for WELD FOUNDATION-SCIENTIFIC AND ENVIRONMENTal DEVELOPMENT

Fiscal year endingDate received by IRSFormPDF link
2021-122022-05-12990PFView PDF
2020-122021-06-22990PFView PDF
2019-122022-01-21990PFView PDF
2018-122019-06-25990PFView PDF
2017-122018-08-14990PFView PDF
...and 6 more Form 990s
Data update history
May 9, 2023
Used new vendors
Identified 2 new vendors, including , and
February 3, 2023
Posted financials
Added Form 990PF for fiscal year 2019
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 1 new personnel
September 27, 2021
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
Co Peter Scahill 34 Harriman Rd
Hudson, MA 01749
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Phone
(781) 545-9977
IRS details
EIN
22-2989001
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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