Donald E & Mary Alice Welge Charitable
Donald E & Mary Alice Welge Charitable is a private foundation, based in CHESTER, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 11 grants totaling $70K. Net investment income was $74K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+0.2% YoY
Annual Giving
$70K
Grant Count
11
Avg Grant Size
$6K
About Donald E & Mary Alice Welge Charitable
Based on IRS filings
Donald E & Mary Alice Welge Charitable is a private foundation, based in CHESTER, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 11 grants totaling $70K. Net investment income was $74K.
Ready to take the next step with Donald E & Mary Alice Welge Charitable?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,981,516 | $1,977,256 |
| Revenue | $74,122 | $1,977,256 |
| Expenses | $69,862 | — |
| Qualifying Distributions | $69,862 | — |
| Net Investment Income | $74,122 | — |
| Distributable Amount | $343,941 | $69,862 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas Welge | Co-Trustee | — | — |
| Michael Welge | Co-Trustee | — | — |
| Robert Welge | Co-Trustee | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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