The Robert A Welch Foundation logo

The Robert A Welch Foundation

HOUSTON, TX EIN: 76-0343128 Website

The Robert A Welch Foundation is a private foundation based in Houston, Texas, established in 1954. It is one of the nation's largest private funding sources for basic chemical research, supporting educational institutions primarily in Texas. The foundation was created from the estate of Robert Alonzo Welch, a self-made businessman who made his fortune in the oil and minerals industries.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$619.0M

-1.9% YoY

Annual Giving

$39.3M

-4.5% YoY

Grant Count

64

+3.2% YoY

Avg Grant Size

$615K

-7.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is rooted in Robert Alonzo Welch's belief in the importance of chemistry for the betterment of humankind. As stated in his will: "I have long been impressed with the great possibilities for the betterment of Mankind that lay in the field of research in the domain of Chemistry."

The foundation supports the following program areas:

  • Welch eXperimental (WelchX) Collaboration Retreats — Brings together Texas researchers for topically focused chemistry meetings to stimulate ideation on challenging contemporary issues
  • Welch Postdoctoral Fellows of the Life Sciences Research Foundation — Sponsors postdoctoral fellowships for recent PhD graduates from around the world to support chemical research careers in Texas
  • Catalyst for Discovery Program Grants — Accelerates progress in fundamental chemical research by supporting research teams with grants of up to one million dollars annually for up to five years
  • Equipment Grants — Provides supplemental funding to departmental grants for laboratory research equipment
  • University Chairs — Has participated in sponsoring 53 chairs in chemistry and related sciences
  • Scholarships — Supports Texas high school graduates studying chemistry through the Texas Interscholastic League Foundation
  • Welch Summer Scholar Program (WSSP) — Sponsors summer research opportunities
  • Welch Award in Chemistry — Recognizes individuals who have made important chemical research contributions with significant positive influence on humankind
  • Norman Hackerman Award in Chemical Research — Recognizes scientists early in their careers working in Texas
  • Annual Chemical Research Conference — Hosts a conference in Houston attracting leading chemists from around the world

Grantmaking

The foundation made 64 grants in the most recent reporting year. Typical grant awards range from $20,000 to $10,570,000.

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Geographic Focus

Where this funder awards grants

The foundation's funding is concentrated in Texas, supporting universities, colleges, and other educational institutions throughout the state, including institutions in Austin, Dallas, San Antonio, and other Texas cities.

Grant Distribution by State

1states

States

Cities

AbileneAlpineArlingtonAustinBeaumontBeltonCanyonCollege StationCorpus ChristiDallasDentonEdinburgEl PasoElpasoFort WorthForth WorthGalvestonGeorgetownHawkinsHouston

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $631.1 million
  • Total Revenue: $47.6 million
  • Total Expenses: $68.8 million
  • Total Liabilities: $28.7 million
  • Number of Employees: 15

Recent Grant Activity:

  • 2024: $41.2 million awarded in 62 grants
  • 2023: $39.3 million in total giving
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35M$71M$106M$142M20202021202220232024
Metric202420232022
Total Assets$618,985,573$631,106,968$632,081,532
Revenue$36,837,109$47,618,127$60,351,309
Expenses$64,302,362$68,810,256$34,107,139
Qualifying Distributions$43,542,974$46,651,075$42,282,196
Net Investment Income$19,502,043$26,902,694$88,216,522
Distributable Amount$43,065,152$43,507,874$46,253,863

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$21M$31M$41M64 grants202061 grants202164 grants202262 grants202364 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TEXAS A&M FOUNDATION$10.0MTHE UNIVERSITY OF TEXAS …$5.3MTHE UNIVERSITY OF TEXAS …$5.1MRICE UNIVERSITY$2.8MTEXAS A&M UNIVERSITY$2.7MBAYLOR COLLEGE OF MEDICINE$2.0MBAYLOR UNIVERSITY$1.3MTHE UNIVERSITY OF TEXAS …$600KTEXAS TECH UNIVERSITY$400KTEXAS CHRISTIAN UNIVERSITY$400K

Grant Size Distribution

250 grants across all recorded years

117<$50K30$50–100K43$100–250K23$250–500K9$500K–1M17$1–5M11$5M+

Open Grants

3 open opportunities from The Robert A Welch Foundation

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

No officer/director data available.

Recent News & Activity

Recent developments and announcements

2025

The foundation announced more than $27 million in Texas chemistry research funding in 2025, supporting research grants and program funding. The foundation continues to award grants through its various programs, including support for WelchX collaboration retreats and postdoctoral researchers.

Welch Foundation grants $27M to support Texas chemistry research - InnovationMap

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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