The Welty Family Foundation
The Welty Family Foundation is a private foundation based in Akron, Ohio. Its 2025 filing reports grants to charitable organizations, all of which went to recipients in Ohio.
The Welty Family Foundation at a glance
In short: The Welty Family Foundation gave $515K across 77 grants in 2025 (avg $7K), mostly in Ohio. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $515,000
- +6.3% vs 2024
- Grants made (2025)
- 77
- +2.7% vs 2024
- Average grant
- $6,688
- +3.5% vs 2024
- Median grant
- $5,000
- Total assets
- $10,062,936
- +6.6% vs 2024
- New grantees (estimate)
- 10% first-time grantees (8 of 77, 2025)
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Welty Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 276 Lake Pointe Drive, Akron, OH 44333
Phone: (330) 535-5711
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Welty Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Leadership Akron ($20K). Together the top 10 received $131K.
Grant Size Distribution
370 grants across all recorded years
The most common grant size was under $50K: 370 grants of 370 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Ohio. The listed 2025 grants include organizations in Akron and elsewhere in the state.
Grant Distribution by State
Share of 2025 grant dollars across all 77 itemized grants.
Cities
Is The Welty Family Foundation open to new grantees?
10%
first-time grantees, 2025
In 2025, 8 of 77 grantees (10%) were first-time recipients. First grants averaged $7K; repeat grants $7K. How we count
Medians: $8K first-time, $5K repeat.
- 74% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+20%). Method
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $417K (2023) to $515K (2025). In 2025 it made 77 grants totaling $515K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Leadership Akron Akron, OH | Community | $20,000 |
| The Well Community Development Akron, OH | Community | $20,000 |
| Akron-Canton Regional Foodbank Akron, OH | Community | $15,000 |
| Broken Chains Jail & Prison Ministry Akron, OH | Community | $12,500 |
| Habitat for Humanity Summit County Akron, OH | Community | $12,000 |
| Hope & Healing Survivor Resource Center Akron, OH | Community | $11,000 |
| Open M Support Akron, OH | Community | $10,500 |
| Grace House Akron Akron, OH | Community | $10,000 |
| Greanleaf Family Center Akron, OH | Community | $10,000 |
| International Soap Box Derby Inc Akron, OH | Community | $10,000 |
Ready to take the next step with The Welty Family Foundation?
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 | $10,062,936 | $947,191 | $586,395 | $515,000 | 77 | $519,000 | $891,156 | $479,726 |
| 2024 | $9,437,512 | $1,044,899 | $521,437 | $484,500 | 75 | $487,500 | $500,519 | $454,777 |
| 2023 | $8,453,060 | $176,806 | $464,183 | $417,000 | 70 | $423,895 | $154,976 | $404,030 |
| 2022 | $7,728,016 | $555,677 | $503,046 | $430,000 | 75 | $436,945 | $514,560 | $421,794 |
| 2021 | $9,846,394 | $1,048,914 | $503,078 | $448,000 | 73 | $455,357 | $946,669 | $463,126 |
| 2020 | $8,940,702 | $255,607 | $489,106 | $440,000 | 71 | — | $219,892 | $407,805 |
| 2019 | $8,490,935 | $532,046 | $465,712 | $420,000 | 84 | — | $494,109 | $367,898 |
Under IRS private-foundation payout rules, The Welty Family Foundation reported a distributable amount of $480K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its grants include support for organizations with varied missions. For example, Leadership Akron says its mission is to inspire, strengthen, and empower leaders and help create a greater Akron. The Akron-Canton Regional Foodbank says it works to support healthy, hunger-free lives and fight hunger. The Well Community Development says it invests in people through the built environment.
Other supported organizations describe work including helping people recover from incarceration and homelessness (Broken Chains Jail & Prison Ministry), providing hospice care for people without an adequate caregiver or the means to afford one (Grace House Akron), and offering youth education and leadership development through racing and other activities (International Soap Box Derby).
Grantmaking
In 2025, the foundation reported 77 grants totaling $515,000. Awards ranged from $2,000 to $20,000, with a median of $5,000. Among the largest grants were $20,000 each to Leadership Akron and The Well Community Development; $15,000 to the Akron-Canton Regional Foodbank; and $12,500 to Broken Chains Jail & Prison Ministry. Other listed recipients included Habitat for Humanity Summit County ($12,000), Hope & Healing Survivor Resource Center ($11,000), and Grace House Akron ($10,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jerry H. Welty as president, Emily C. Welty as vice president, Richard C. Fedorovich as treasurer, and Ronald S. Kopp, Monica Welty Brown, and Chad C. Welty as trustees.
The Welty Family Foundation is led by Jerry H. Welty, President on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jerry H. Welty
President
On filings since 2019
No compensation reported
Chad C. Welty
Trustee
On filings since 2019
No compensation reported
Monica Welty Brown
Trustee
On filings since 2019
No compensation reported
Ronald S. Kopp
Trustee
On filings since 2019
No compensation reported
Emily C. Welty
Vice President
On filings since 2019
No compensation reported
Richard C. Fedorovich
Treasurer
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Welty Family Foundation
How much does The Welty Family Foundation give each year?
The Welty Family Foundation gave $515K across 77 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $485K across 75 grants.
What is The Welty Family Foundation's typical grant size?
The Welty Family Foundation's median grant in 2025 was $5,000, and its average grant was $6,688, across 77 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Welty Family Foundation that year got $7K on average.
Where does The Welty Family Foundation give grants?
The Welty Family Foundation gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Akron, OH (57 grants), Cuyahoga Falls, OH (5 grants), Cleveland, OH (3 grants) and Bath, OH (2 grants).
Does The Welty Family Foundation give general operating support?
Not in 2025: none of the 77 grants with a stated purpose on The Welty Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community" (77 grants).
Who are The Welty Family Foundation's largest grantees?
The Welty Family Foundation's largest 2025 grantees include Leadership Akron ($20,000), The Well Community Development ($20,000) and Akron-Canton Regional Foodbank ($15,000), according to its 2025 IRS Form 990-PF. Together they received 11% of its itemized 2025 grant dollars.
How large is The Welty Family Foundation?
The Welty Family Foundation reported $10.1M in total assets on its 2025 IRS Form 990-PF. It paid out $519K in qualifying distributions that year, against a required minimum of $480K (roughly 5% of its investment assets).
What does The Welty Family Foundation fund?
No foundation mission statement is provided. Its grants include support for organizations with varied missions. For example, Leadership Akron says its mission is to inspire, strengthen, and empower leaders and help create a greater Akron. See mission & focus areas ↑
How do I apply for a grant from The Welty Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Welty Family Foundation's EIN?
The Welty Family Foundation's EIN (Employer Identification Number) is 34-1908053. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Welty Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 12, 2020)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 30, 2025)
Explore Open Grants
Browse active grant opportunities in The Welty Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Welty Family Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-welty-family-foundation-morg_67a549525a8d46fd9639bf1c0a0f16c3
BibTeX
@misc{grantable_341908053_2026,
author = {{Grantable}},
title = {{The Welty Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-welty-family-foundation-morg_67a549525a8d46fd9639bf1c0a0f16c3},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Welty Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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