Weld Foundation
Weld Foundation is a private foundation based in Boston, Massachusetts. Its 2025 filing reports 66 grants totaling $1,104,300 to charitable organizations, including recipients in Massachusetts, Maine, New York, South Carolina, and New Hampshire.
Weld Foundation at a glance
In short: Weld Foundation gave $1.1M across 66 grants in 2025 (avg $17K), top state Massachusetts. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,104,300
- +15.3% vs 2024
- Grants made (2025)
- 66
- +8.2% vs 2024
- Average grant
- $16,732
- +6.5% vs 2024
- Median grant
- $7,750
- Total assets
- $8,170,027
- -1.3% vs 2024
- New grantees (estimate)
- 14% first-time grantees (9 of 66, 2025)
- Primary geography
- Massachusetts (32% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Weld Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: Lwc 230 Congress St 12Fl, Boston, MA 02110
Phone: (617) 523-6531
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Weld Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was North Haven Sustainable Housing ($140K). Together the top 10 received $671K.
Grant Size Distribution
321 grants across all recorded years
The most common grant size was under $50K: 296 grants of 321 (92%).
Geographic Focus
Where this funder awards grants
In 2025, Massachusetts recipients received 32% of grant dollars, Maine recipients 29%, New York recipients 11%, South Carolina recipients 10%, and New Hampshire recipients 3%.
Grant Distribution by State
Share of 2025 grant dollars across all 66 itemized grants.
States
Cities
Is Weld Foundation open to new grantees?
14%
first-time grantees, 2025
In 2025, 9 of 66 grantees (14%) were first-time recipients. First grants averaged $6K; repeat grants $18K. How we count
Medians: $5K first-time, $10K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2018–2025). 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 2018 to 2025, annual grant giving ranged from $645K (2018) to $1.1M (2025). In 2025 it made 66 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Haven Sustainable Housing North Haven, ME | General | $140,250 |
| Pingree School S Hamilton, MA | General | $118,170 |
| Salem Hospital Salem, MA | General | $104,900 |
| Great Rock Church Danvers, MA | General | $61,350 |
| Maine College of Art and Design Portland, ME | General | $61,350 |
| Watchtower Bible and Tract Society of New York Inc Wallkill, NY | General | $61,350 |
| Beaufort Academy Beaufort, SC | General | $38,200 |
| Child Abuse Prevention Association (Capa) Beaufort, SC | General | $30,000 |
| Mount Washington Observatory North Conway, NH | General | $30,000 |
| Peabody Essex Museum Salem, MA | General | $25,000 |
Ready to take the next step with Weld 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 | $8,170,027 | $1,108,610 | $1,215,739 | $1,104,300 | 66 | $1,120,217 | $1,026,473 | $1,146,385 |
| 2024 | $8,277,156 | $1,499,759 | $1,082,371 | $958,050 | 61 | $973,851 | $1,419,975 | $1,120,204 |
| 2023 | $7,859,768 | $1,405,086 | $1,049,959 | $946,350 | 63 | $959,971 | $1,312,314 | $971,527 |
| 2022 | $7,504,641 | $807,199 | $1,178,430 | $1,061,514 | 73 | $1,075,104 | $748,570 | $959,843 |
| 2021 | $7,875,872 | $1,653,268 | $963,994 | $860,418 | 58 | $873,242 | $1,576,666 | $1,074,407 |
| 2020 | $7,181,528 | $1,167,715 | $892,125 | $812,502 | 38 | — | $1,099,696 | $871,466 |
| 2019 | $6,910,942 | $927,894 | $824,039 | $713,412 | 33 | — | $871,052 | $821,916 |
| 2018 | $6,807,087 | $1,364,836 | $726,275 | $644,957 | 17 | — | $1,306,909 | $722,315 |
Under IRS private-foundation payout rules, Weld Foundation reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose missions span housing, education, arts and culture, science education and research, and services for people with special needs and disadvantaged youth. For example, North Haven Sustainable Housing says its mission is to provide housing opportunities to sustain a year-round island community; Maine College of Art and Design says its mission is to provide education in fine arts; and Windrush Farm Therapeutic Equitation says it provides equine-assisted services, including therapeutic riding.
Grantmaking
In 2025, the foundation reported 66 grants totaling $1,104,300. Grants ranged from $2,000 to $140,250, with a median of $7,750.
Among the largest reported grants were $140,250 to North Haven Sustainable Housing, $118,170 to Pingree School, $104,900 to Salem Hospital, and $61,350 each to Great Rock Church, Maine College of Art and Design, and Watchtower Bible and Tract Society of New York Inc. All were listed for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists C-F David Boit and Thomas R Appleton as trustees.
Weld Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Thomas R. Appleton
Trustee
On filings since 2018
1 hr/week
$15K (2018) → $23K (2025)
C-F David Boit
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $23K (2025)
Former officers (3)
- Former: Charles W. Pingree (2018–2019) — Trustee
- Former: Frederick D. Ballou (2018–2019) — Trustee
- Former: Peter B. Loring (2018–2019) — Trustee
Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $23K, to C-F David Boit (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Weld Foundation
How much does Weld Foundation give each year?
Weld Foundation gave $1.1M across 66 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $958K across 61 grants.
What is Weld Foundation's typical grant size?
Weld Foundation's median grant in 2025 was $7,750, and its average grant was $16,732, across 66 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Weld Foundation that year got $6K on average.
Where does Weld Foundation give grants?
Weld Foundation's top state is Massachusetts, with 32% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Maine (29%) and New York (11%). The most frequent recipient cities were New York, NY (5 grants), Beaufort, SC (4 grants), Portland, ME (4 grants) and Rockland, ME (4 grants).
Does Weld Foundation give general operating support?
Yes: 100% of Weld Foundation's 2025 grants with a stated purpose (66 of 66) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Weld Foundation's largest grantees?
Weld Foundation's largest 2025 grantees include North Haven Sustainable Housing ($140,250), Pingree School ($118,170) and Salem Hospital ($104,900), according to its 2025 IRS Form 990-PF. Together they received 33% of its itemized 2025 grant dollars.
How large is Weld Foundation?
Weld Foundation reported $8.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.1M (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 does Weld Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose missions span housing, education, arts and culture, science education and research, and services for people with special needs and disadvantaged youth. See mission & focus areas ↑
How do I apply for a grant from Weld Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Weld Foundation's EIN?
Weld Foundation's EIN (Employer Identification Number) is 04-6039173. IRS Form 990 filing data is available on this page for 2018–2025.
Does Weld Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(9)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2018 (received by the IRS April 25, 2019)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 20, 2026)
- IRS filings on file for fiscal years 2018–2025
Explore Open Grants
Browse active grant opportunities in Weld Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Weld Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/weld-foundation-morg_b0fb995e88db403abe7089311e06f98c
BibTeX
@misc{grantable_046039173_2026,
author = {{Grantable}},
title = {{Weld Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/weld-foundation-morg_b0fb995e88db403abe7089311e06f98c},
note = {Accessed 2026-10-16. 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 Weld 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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