Weld Foundation-scientific &

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.

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.

About Weld Foundation-scientific &

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Cambridge

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$748K$1M$2M$3M202020212022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$663K$1M$2M$3M1 grants20200 grants20217 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2022

HARVARD UNIVERSITY$800KHARVARD UNIVERSITY$400KELECTRA AERO - HARVARD U…$300KELECTRA AERO - HARVARD U…$300KELECTRA AERO - HARVARD U…$300KELECTRA AERO - HARVARD U…$300KHARVARD UNIVERSITY$250K

Grant Size Distribution

8 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Harvard University ($800,000), Harvard University ($400,000), Electra Aero - Harvard University ($300,000).

RecipientPurposeAmount
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$400,000
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
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$800,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
PETER SCAHILLPRIVATE TRUSTEE4
JAMES G ANDERSONPART TIME1

Frequently Asked Questions

How large is Weld Foundation-scientific &?

As of 2022, Weld Foundation-scientific & holds $14K in total assets with $131K in annual revenue. It awarded 7 grants totaling $2.6M in 2022.

Where does Weld Foundation-scientific & operate?

Weld Foundation-scientific & has awarded grants in Massachusetts.

What size grants does Weld Foundation-scientific & award?

In 2022, Weld Foundation-scientific & awarded 7 grants totaling $2.6M — an average of about $379K per grant, based on its IRS Form 990 filings.

How much is Weld Foundation-scientific & required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Weld Foundation-scientific & reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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