The Welty Foundation Inc

SPOKANE, WA EIN: 94-3210510

The Welty Foundation Inc is a private foundation, based in SPOKANE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $830K in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $59K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$830K

+0.1% YoY

Annual Giving

$53K

+6.4% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$8K

+21.6% YoY

About The Welty Foundation Inc

Based on IRS filings

The Welty Foundation Inc is a private foundation, based in SPOKANE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $830K in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $59K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CheneyCoeur DaleneRanchos Palos VerdesSpokane

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$45K$67K$90K20202021202220232024
Metric202420232022
Total Assets$830,083$829,170$841,886
Revenue$70,193$51,281$36,518
Expenses$68,307$63,997$73,331
Qualifying Distributions$57,422$53,577$61,224
Net Investment Income$59,308$40,936$24,411
Distributable Amount$51,867$48,742$50,446

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$58K8 grants20207 grants20218 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

SPOKANE PUBLIC SCHOOLS$18KSPOKANE YOUTH SYMPHONY$10KSPOKANE SYMPHONY SOCIETY$7KSPOKANE AREA YOUTH CHOIRS$5KNW MUSEUM OF ARTS & CULT…$5KTHE SALVATION ARMY$5KWEST CENTRAL COMMUNITY D…$4K

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

From 2024 filing

NameTitleHoursCompensation
BERDINE S BENDER MDDIRECTOR/PRESIDENT1
ROBERT D WIGERT MDDIRECTOR/VP1
CHRISTINE S SCHNUGSECRETARY/TREASURER1

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

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