Weld Family Foundation

BOSTON, MA EIN: 06-6531988

Weld Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $30K. Net investment income was $125K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+5.8% YoY

Annual Giving

$30K

-70.9% YoY

Grant Count

4

-71.4% YoY

Avg Grant Size

$8K

+1.9% YoY

Under IRS private-foundation payout rules, Weld Family Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

About Weld Family Foundation

Based on IRS filings

Weld Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $30K. Net investment income was $125K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BeverlyBostonChicagoGloucesterPark CitySalt Lake CityWatertownWestlake VillageWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$105K$209K$314K$418K20202021202220232024
Metric202420232022
Total Assets$1,502,333$1,420,443$1,112,714
Revenue$125,354$380,407$212,447
Expenses$43,464$109,778$23,085
Qualifying Distributions$30,000$103,000$15,000
Net Investment Income$125,354$374,128$1,629
Distributable Amount$60,496$67,741$74,836

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$52K$77K$103K7 grants20201 grants20213 grants202214 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

GEAR UP ALUMNI ASSOCIATION$15KEGYPTIAN THEATER$5KJ OWEN TODD CHILDRENS FO…$5KUTAH OPEN LANDS$5K

Grant Size Distribution

29 grants across all recorded years

28<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gear up Alumni Association ($15,000), Egyptian Theater ($5,000), J Owen Todd Childrens Foundation ($5,000).

RecipientPurposeAmount
EGYPTIAN THEATER PARK CITY, UTGENERAL FUND$5,000
GEAR UP ALUMNI ASSOCIATION WESTLAKE VILLAGE, CAGENERAL FUND$15,000
J OWEN TODD CHILDRENS FOUNDATION BOSTON, MAGENERAL FUND$5,000
UTAH OPEN LANDS SALT LAKE CITY, UTCONSERVATION$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISTOPHER WELD JRTRUSTEE
MARK M WELDTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Weld Family Foundation?

Weld Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $1.5M in total assets as of 2024.

How large is Weld Family Foundation?

As of 2024, Weld Family Foundation holds $1.5M in total assets with $125K in annual revenue. It awarded 4 grants totaling $30K in 2024.

Where does Weld Family Foundation operate?

Weld Family Foundation has awarded grants in California, Illinois, Massachusetts, Utah.

What size grants does Weld Family Foundation award?

In 2024, Weld Family Foundation awarded 4 grants totaling $30K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Weld Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Weld Family Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Weld Family Foundation's EIN?

Weld Family Foundation's EIN (Employer Identification Number) is 06-6531988. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Weld Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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