Weld Foundation-Scientific &

Private foundation · Grantmaker Hudson, MA EIN: 22-2989001

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.

Key facts about Weld Foundation-Scientific &

In short: Weld Foundation-Scientific & gave $2.6M across 7 grants in 2022 (avg $379K), mostly in Massachusetts. Source: 2022 IRS Form 990-PF.

EIN
22-2989001
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$2,650,000
Grants made (2022)
7
Average grant
$378,571
Median grant
$300,000
Total assets
$13,862
Primary geography
Massachusetts (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$14K

-99.5% YoY

Annual Giving

$2.6M

Grant Count

7

Avg Grant Size

$379K

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2022 grant dollars across all 7 itemized grants.

Cities

Cambridge

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2020 0 grants2021 7 grants2022

From 2020 to 2022, annual grant giving ranged from $500K (2020) to $2.6M (2022). In 2022 it made 7 grants totaling $2.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

Harvard University: $1.4M across 3 grantsHarvard University$1.4M · 3 grantsElectra Aero - Harvard University: $1.2M across 4 grantsElectra Aero - HarvardUniversity$1.2M · 4 grants

The largest 2022 recipient was Harvard University ($1.4M across 3 grants). Together the top 2 received $2.6M.

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K$100–250K6$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 6 grants of 8 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$800,000
Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$400,000
Electra Aero - Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$300,000
Electra Aero - Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$300,000
Electra Aero - Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$300,000
Electra Aero - Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$300,000
Harvard University Cambridge, MAPrimary purpose of the foundation to meet irs minimum distribution$250,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022
Metric202220212020
Total Assets$13,862$2,585,419$2,452,661
Revenue$131,226$201,004$-115,537
Expenses$2,720,057$67,568$555,558
Qualifying Distributions$2,682,290$31,253—
Net Investment Income$90,233$162,981$9,976
Distributable Amount$59,830$140,118$130,237

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

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

Peter Scahill — Private Trustee: $23KPeter ScahillPrivate Trustee$23K

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 (7 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.

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