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.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2022
Grant Size Distribution
8 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ELECTRA AERO - HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $300,000 |
| HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $400,000 |
| ELECTRA AERO - HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $300,000 |
| HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $250,000 |
| ELECTRA AERO - HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $300,000 |
| ELECTRA AERO - HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION | $300,000 |
| HARVARD UNIVERSITY CAMBRIDGE, MA | PRIMARY 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER SCAHILL | PRIVATE TRUSTEE | 4 | — |
| JAMES G ANDERSON | PART TIME | 1 | — |
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.