Welch Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 9 grants totaling $207K. Net investment income was $490K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+11.1% YoY
Annual Giving
$207K
-0.3% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$23K
+10.8% YoY
Under IRS private-foundation payout rules, Welch Family Foundation reported a distributable amount of $214K for 2024 — the minimum it must pay out in qualifying distributions.
About Welch Family Foundation
Based on IRS filings
Welch Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 9 grants totaling $207K. Net investment income was $490K.
Focus Areas
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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 | $2,800,314 | $2,519,781 | $2,690,203 |
| Revenue | $494,353 | $37,386 | $69,043 |
| Expenses | $213,777 | $210,774 | $193,709 |
| Qualifying Distributions | $207,000 | $208,187 | $185,163 |
| Net Investment Income | $489,595 | $108,128 | $87,416 |
| Distributable Amount | $213,875 | $209,564 | $218,427 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whitworth University ($40,000), Camp Loughridge ($25,000), Literacy & Evangelism International ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP LOUGHRIDGE TULSA, OK | SUPPORT FOR RELIGIOUS AND YOUTH PROGRAMS | $25,000 |
| ASBURY SEMINARY WILMORE, KY | SUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS | $20,000 |
| LITERACY & EVANGELISM INTERNATIONAL TULSA, OK | SUPPORT FOR RELIGIOUS & EDUCATIONAL PROGRAMS | $25,000 |
| WHITWORTH UNIVERSITY SPOKANE, WA | SUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS | $40,000 |
| HELPING HAND MINISTRY INC TULSA, OK | SUPPORT FOR SERVICES PROVIDED TO THE NEEDY | $24,100 |
| FIRST PRESBYTERIAN CHURCH TULSA, OK | SUPPORT FOR RELIGIOUS ACTIVITIES | $20,000 |
| COLLEGE OF THE OZARKS POINT LOOKOUT, MO | SCHOLARSHIPS | $21,800 |
| NEIGHBORS ALONG THE LINE INC TULSA, OK | SUPPORT FOR SERVICES PROVIDED TO THOSE IN NEED | $11,100 |
| OPERATION HOPE PRISON MINISTRY TULSA, OK | SUPPORT FOR SERVICES PROVIDED TO THOSE IN NEED | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PEGGY WELCH HOLT | VP & SECRETARY | 1 | — |
| WILLAM J WELCH | DIR & PRES | 1.5 | — |
| DOUGLAS S WELCH | DIRECTOR | 0.5 | — |
| GRACE SENSINTAFFAR | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Welch Family Foundation?
Welch Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $2.8M in total assets as of 2024.
How large is Welch Family Foundation?
As of 2024, Welch Family Foundation holds $2.8M in total assets with $494K in annual revenue. It awarded 9 grants totaling $207K in 2024.
Where does Welch Family Foundation operate?
Welch Family Foundation has awarded grants in Kentucky, Missouri, Oklahoma, Washington.
What size grants does Welch Family Foundation award?
In 2024, Welch Family Foundation awarded 9 grants totaling $207K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Welch Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Welch Family Foundation reported a distributable amount of $214K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Welch Family Foundation's EIN?
Welch Family Foundation's EIN (Employer Identification Number) is 73-1502461. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Welch Family 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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