The James and Vedna Welch Foundation
The James and Vedna Welch Foundation is a private foundation, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $368K in total assets. In 2024, it awarded 1 grants totaling $204K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$368K
-18.0% YoY
Annual Giving
$204K
-66.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$204K
-66.6% YoY
Under IRS private-foundation payout rules, The James and Vedna Welch Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About The James and Vedna Welch Foundation
Based on IRS filings
The James and Vedna Welch Foundation is a private foundation, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $368K in total assets. In 2024, it awarded 1 grants totaling $204K. Net investment income was $6K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $367,917 | $448,754 | $793,685 |
| Revenue | $8,116 | $-763 | $42,550 |
| Expenses | $212,159 | $621,157 | $414,457 |
| Qualifying Distributions | $205,792 | $613,291 | $399,925 |
| Net Investment Income | $5,757 | $7,686 | $32,139 |
| Distributable Amount | $42,301 | $55,602 | $75,698 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Charitable Gift Fund ($204,042).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE GIFT FUND CINCINNATI, OH | UNRESTRICTED | $204,042 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH LAGORCE | TRUSTEE | 1 | — |
| ROBERT WONG | TRUSTEE | 5 | — |
| AIMEE LAGORCE-JEANS | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is The James and Vedna Welch Foundation?
As of 2024, The James and Vedna Welch Foundation holds $368K in total assets with $8K in annual revenue. It awarded 1 grants totaling $204K in 2024.
Where does The James and Vedna Welch Foundation operate?
The James and Vedna Welch Foundation has awarded grants in Florida, Ohio.
What size grants does The James and Vedna Welch Foundation award?
In 2024, The James and Vedna Welch Foundation awarded 1 grants totaling $204K — an average of about $204K per grant, based on its IRS Form 990 filings.
How much is The James and Vedna Welch Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The James and Vedna Welch Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The James and Vedna Welch Foundation's EIN?
The James and Vedna Welch Foundation's EIN (Employer Identification Number) is 59-2192379. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The James and Vedna Welch Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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