The Patrick and Catherine Weldon
The Patrick and Catherine Weldon Donaghue Medical Research Foundation is a private foundation based in West Hartford, Connecticut. Established in 1991 through the will of Ethel Donaghue in memory of her parents, the foundation provides grants for medical research of practical benefit to human life. The foundation operates with a staff of three employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$79.9M
+6.6% YoY
Annual Giving
$3.2M
+43.5% YoY
Grant Count
23
+27.8% YoY
Avg Grant Size
$138K
+12.3% YoY
Mission & Focus Areas
The foundation's mission centers on providing grants for medical research of practical benefit. The foundation focuses on initiatives to strengthen research on health issues, promote research leadership, and put new knowledge to work for public benefit. The foundation is particularly interested in understanding the process by which knowledge from research is adopted into practice or policy.
The foundation supports medical and health-related research including epidemiological, community health, and health services research at academic and other health-related institutions.
Grantmaking
The foundation maintains active grant programs including the Greater Value Portfolio Grant Program and the Another Look Grant program.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Massachusetts, Pennsylvania, and Connecticut, with Connecticut being a primary geographic focus area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $74,905,954
- Total Revenues: $3,990,052
- Total Expenses: $3,242,954
- Staff: 3 employees
Tax-Exempt Status: 501(c)(3) private foundation, tax-exempt since August 1992
EIN: 06-6348275
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $79,878,765 | $74,905,954 | $73,052,704 |
| Revenue | $10,824,725 | $3,990,052 | $1,391,202 |
| Expenses | $4,340,125 | $3,242,954 | $3,939,501 |
| Qualifying Distributions | $3,745,307 | $2,780,276 | $3,219,700 |
| Net Investment Income | $10,316,334 | $3,512,581 | $1,528,798 |
| Distributable Amount | $4,284,084 | $4,085,050 | $4,160,248 |
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
112 grants across all recorded years
Open Grants
2 open opportunities from The Patrick and Catherine Weldon
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Lynne Garner, PhD – Individual Trustee. Dr. Garner holds a background in medical sociology and was appointed Individual Trustee in 2008. She served as President until her retirement at the end of 2021. Prior to the foundation, she worked at the Connecticut Office of Health Care Access, the Department of Mental Health and Addiction Services, and the Massachusetts Department of Mental Health. She is also a trustee of the Ethel F. Donaghue Trust for Elizabeth Park.
Amy R. Lynch – Bank of America, Institutional Trustee. Lynch is a Senior Vice President and Philanthropic Client Manager with Bank of America, Private Bank, with over 20 years of banking experience in personal trust, estate settlement, and philanthropic solutions.
Stacy Cloud – Grants Administrator
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA NA | TRUSTEE | 1 | $345,030 |
| STACY CLOUD | PRESIDENT | 40 | $155,715 |
| LYNNE GARNER | TRUSTEE | 5 | $32,800 |
Contact Information
Address: 18 North Main Street, West Hartford, Connecticut 06107-1998
Phone: 860-521-9011
Website: www.donaghue.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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