Weld Family Foundation
Weld Family Foundation is a private foundation, 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.
Weld Family Foundation at a glance
In short: Weld Family Foundation gave $30K across 4 grants in 2024 (avg $8K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,000
- -70.9% vs 2023
- Grants made (2024)
- 4
- -71.4% vs 2023
- Average grant
- $7,500
- +1.9% vs 2023
- Median grant
- $5,000
- Total assets
- $1,502,333
- +5.8% vs 2023
- Primary geography
- California (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Weld Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Gear up Alumni Association ($15K). Together the top 4 received $30K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 28 grants of 29 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Weld Family Foundation gives
- Giving grew 20% from 2021 to 2024. Method
- In 2024 it paid out 50% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2022) to $103K (2023). In 2024 it made 4 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gear up Alumni Association Westlake Village, CA | General Fund | $15,000 |
| Egyptian Theater Park City, UT | General Fund | $5,000 |
| J Owen Todd Childrens Foundation Boston, MA | General Fund | $5,000 |
| Utah Open Lands Salt Lake City, UT | Conservation | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,502,333 | $125,354 | $43,464 | $30,000 | 4 | $30,000 | $125,354 | $60,496 |
| 2023 | $1,420,443 | $380,407 | $109,778 | $103,000 | 14 | $103,000 | $374,128 | $67,741 |
| 2022 | $1,112,714 | $212,447 | $23,085 | $15,000 | 3 | $15,000 | $1,629 | $74,836 |
| 2021 | $1,112,033 | $239,096 | $29,875 | $25,000 | 1 | $25,000 | $36,324 | $70,269 |
| 2020 | $903,204 | $36,442 | $81,107 | $76,000 | 7 | — | $31,270 | $56,056 |
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.
Leadership & Key People
Officers and directors from IRS filings
Weld Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Christopher Weld Jr.
Trustee
On filings since 2020
No compensation reported
Mark M. Weld
Trustee
On filings since 2020
No compensation reported
Former officers (1)
- Former: Elizabeth W. Lee (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 Weld Family Foundation
How much does Weld Family Foundation give each year?
Weld Family Foundation gave $30K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $103K across 14 grants.
What is Weld Family Foundation's typical grant size?
Weld Family Foundation's median grant in 2024 was $5,000, and its average grant was $7,500, across 4 grants on its 2024 IRS Form 990-PF.
Where does Weld Family Foundation give grants?
Weld Family Foundation gives mostly in California: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Utah (33%) and Massachusetts (17%).
Does Weld Family Foundation give general operating support?
Yes: 75% of Weld Family Foundation's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Weld Family Foundation?
Weld Family Foundation reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Weld Family Foundation funds
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