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EIN 51-6015916

Welfare Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Wilmington
State
Delaware
Year formed
1947
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Welfare Foundation is a private foundation located in Wilmington, DE that made $9,757,598 in annual grants last year and holds $87,493,243 in total assets.
Total revenues
$4,121,970
2022
Total expenses
$5,778,580
2022
Total assets
$81,115,330
2022
Num. employees
1
2022

Program areas at Welfare Foundation

Excise tax refund not subject excise income tax

Grants made by Welfare Foundation

GranteeGrant descriptionAmount
Hagley Museum and LibraryHagley Millrace Dredging$250,000
Latin American Community CenterLacc Education Expansion Project$250,000
The Ministry of CaringVilla Maria in Old Brandywine Village$250,000
...and 41 more grants made totalling $4,115,390

Personnel at Welfare Foundation

NameTitleCompensation
Christopher GrundnerPresident and Chief Executive Officer$228,489

Financials for Welfare Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,140,189
Net rental income$0
Net gain from sale of non-inventory assets$2,516,069
Gross sales of inventory$0
Miscellaneous revenues$465,712
Total revenues$4,121,970

Form 990s for Welfare Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-06990PFView PDF
2021-122022-11-08990PFView PDF
2020-122021-11-09990PFView PDF
2018-122019-10-03990PFView PDF
2017-122018-12-11990PFView PDF
...and 8 more Form 990s

Organizations like Welfare Foundation

OrganizationLocationRevenue
The Carter Family Charitable TrustLittle Compton, RI$1,275,934
Maine Health Access Foundation (MeHAF)Augusta, ME$16,745,134
McDonald Agape FoundationBirmingham, MI$3,784,106
Gary E Milgard Family Foundation - MarkTacoma, WA$5,193,574
The Huey and Angelina Wilson FoundationBaton Rouge, LA$3,268,040
Irving Harris FoundationChicago, IL$14,618,353
The Ashtabula FoundationAshtabula, OH$1,568,946
Edward B and Joan T Knight Foundati FoundationKey West, FL$2,485,229
James F and Marion L Miller FoundationPortland, OR$11,093,790
The Gerber FoundationFremont, MI$3,915,354
Data update history
November 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 7 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 31, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
100 W 10th St 1109
Wilmington, DE 19801
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
welfarefoundationde.org/ 
Phone
(302) 683-8245
Facebook page
grantsmanship 
IRS details
EIN
51-6015916
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1947
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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