Weld Foundation-Scientific &
Weld Foundation-Scientific & is a private foundation, based in Hudson, MA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $14K in total assets. In 2022, it awarded 7 grants totaling $2.6M. Net investment income was $90K.
Weld Foundation-Scientific & at a glance
In short: Weld Foundation-Scientific & gave $2.6M across 7 grants in 2022 (avg $379K), mostly in Massachusetts. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $2,650,000
- Grants made (2022)
- 7
- Average grant
- $378,571
- Median grant
- $300,000
- Total assets
- $13,862
- -99.5% vs 2021
- Primary geography
- Massachusetts (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who Weld Foundation-Scientific & funds
How this funder distributes its grants
Top Recipients
Top recipient in 2022
The largest 2022 recipient was Harvard University ($1.4M across 3 grants).
Organizations only. It also paid 4 grants to individuals ($1,200,000), which are not listed by name.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $250–500K range: 6 grants of 8 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 7 itemized grants.
States
Cities
How Weld Foundation-Scientific & gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). 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 2022, annual grant giving ranged from $500K (2020) to $2.6M (2022). In 2022 it made 7 grants totaling $2.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harvard University Cambridge, MA | Primary purpose of the foundation to meet irs minimum distribution | $800,000 |
| Harvard University Cambridge, MA | Primary purpose of the foundation to meet irs minimum distribution | $400,000 |
| 4 grants to individuals Recipients not named | — | $1,200,000 |
| Harvard University Cambridge, MA | Primary purpose of the foundation to meet irs minimum distribution | $250,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2022 | $13,862 | $131,226 | $2,720,057 | $2,650,000 | 7 | $2,682,290 | $90,233 | $59,830 |
| 2021 | $2,585,419 | $201,004 | $67,568 | — | — | $31,253 | $162,981 | $140,118 |
| 2020 | $2,452,661 | $-115,537 | $555,558 | $500,000 | 1 | — | $9,976 | $130,237 |
Under IRS private-foundation payout rules, Weld Foundation-Scientific & reported a distributable amount of $60K for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Weld Foundation-Scientific &'s 2022 filing lists 2 officers; none of the 2 officers listed in 2022 report compensation.
Officers on the 2022 filing
Peter Scahill
Private Trustee
On filings since 2020
4 hrs/week
$23K (2021) → $0 (2022)
James G. Anderson
Part Time
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $23K, to Peter Scahill (Private Trustee).
Frequently asked questions about Weld Foundation-Scientific &
How much does Weld Foundation-Scientific & give each year?
Weld Foundation-Scientific & gave $2.6M across 7 grants in 2022, according to its 2022 IRS Form 990-PF.
What is Weld Foundation-Scientific &'s typical grant size?
Weld Foundation-Scientific &'s median grant in 2022 was $300,000, and its average grant was $378,571, across 7 grants on its 2022 IRS Form 990-PF.
Where does Weld Foundation-Scientific & give grants?
Weld Foundation-Scientific & gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cambridge, MA (3 grants).
Does Weld Foundation-Scientific & give general operating support?
Not in 2022: none of the 7 grants with a stated purpose on Weld Foundation-Scientific &'s 2022 IRS Form 990-PF were described as general or operating support.
How large is Weld Foundation-Scientific &?
Weld Foundation-Scientific & reported $14K in total assets on its 2022 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets).
What is Weld Foundation-Scientific &'s EIN?
Weld Foundation-Scientific &'s EIN (Employer Identification Number) is 22-2989001. IRS Form 990 filing data is available on this page for 2020–2022.
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 2020–2022
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