The Dr Michael J Welch Foundation
The Dr Michael J Welch Foundation is a private foundation, based in New Canaan, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2K in total assets.
The Dr Michael J Welch Foundation at a glance
- Total assets
- $2,022
- +0.0% vs 2024
- Revenue (2025)
- $2,000
- +11011.1% vs 2024
- Expenses (2025)
- $2,000
- -32.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Dr Michael J Welch Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Dr Michael J Welch Foundation gives
- In 2023 it paid out 300% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $2K (2023) to $22K (2022). In 2023 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lehman College Bronx, NY | Donation | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,022 | $2,000 | $2,000 | — | — | — | — | $760 |
| 2024 | $2,022 | $18 | $2,961 | — | — | — | $18 | $724 |
| 2023 | $4,965 | $2,261 | $4,250 | $2,000 | 1 | $2,000 | $11 | $667 |
| 2022 | $6,954 | $25,625 | $23,735 | $21,735 | 1 | $21,735 | $4 | $658 |
| 2021 | $5,064 | $1,096 | $4,565 | — | — | — | — | $562 |
| 2020 | $8,533 | $4 | $2,275 | — | — | — | $4 | $624 |
Under IRS private-foundation payout rules, The Dr Michael J Welch Foundation reported a distributable amount of $760 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Dr Michael J Welch Foundation is led by Susan Welch, President, Director & Secretary on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Susan Welch
President, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Dr Michael J Welch Foundation
How large is The Dr Michael J Welch Foundation?
The Dr Michael J Welch Foundation reported $2K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2K.
Where does The Dr Michael J Welch Foundation operate?
The Dr Michael J Welch Foundation has awarded grants in Nebraska, New York.
How much is The Dr Michael J Welch Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Dr Michael J Welch Foundation reported a distributable amount of $760 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Dr Michael J Welch Foundation's EIN?
The Dr Michael J Welch Foundation's EIN (Employer Identification Number) is 45-4901204. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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