Weldon Foundation Inc
Weldon Foundation Inc is a private foundation based in Jacksonville, Florida. Its 2024 filing reports 19 grants totaling $452,500, with most grant dollars going to recipients in Florida.
Weldon Foundation Inc at a glance
In short: Weldon Foundation Inc gave $453K across 19 grants in 2024 (avg $24K), mostly in Florida. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $452,500
- +270.9% vs 2023
- Grants made (2024)
- 19
- -9.5% vs 2023
- Average grant
- $23,816
- +309.9% vs 2023
- Median grant
- $5,250
- Total assets
- $7,885,468
- -7.9% vs 2023
- New grantees (estimate)
- 11% first-time grantees (2 of 19, 2024; small sample)
- Primary geography
- Florida (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Weldon Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 5738 Sheffield Road, Jacksonville, FL 32226
Phone: (904) 751-3133
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Weldon Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Coalition for the Homeless ($330K). Together the top 10 received $430K.
Grant Size Distribution
110 grants across all recorded years
The most common grant size was under $50K: 107 grants of 110 (97%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Florida received 93% of grant dollars. Recipients in Indiana received 5%; those in Illinois, Georgia, and Minnesota each received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 19 itemized grants.
Cities
Is Weldon Foundation Inc open to new grantees?
11%
first-time grantees, 2024
In 2024, 2 of 19 grantees (11%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $5K; repeat grants $26K. How we count
Medians: $5K first-time, $7K repeat.
- 84% of 2024 grantees were also funded in 2023. Method
- Giving grew 145% from 2021 to 2024. Method
- In 2024 it paid out 69% 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 (2020–2024). 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 2020 to 2024, annual grant giving ranged from $70K (2020) to $453K (2024). In 2024 it made 19 grants totaling $453K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Coalition for the Homeless Yulee, FL | Director Expenses/General Support | $330,000 |
| Purdue Research Foundation West Lafayette, IN | General Support | $17,500 |
| New Vision Congregational Church Yulee, FL | General Support | $16,000 |
| Barnabas Center Inc Fernandina Beach, FL | General Support | $14,000 |
| Take Stock in Children of Nassau Yulee, FL | General Support | $13,000 |
| Boys & Girls Club of Nassau County Fernandina Beach, FL | Guardians Program/General Support | $10,250 |
| 1000 Dollar Start-UPS Consortium Fernandina Beach, FL | General Support | $10,000 |
| Arts Alive Nassau Inc Yulee, FL | General Support | $7,000 |
| Micah's Place Inc Fernandina Beach, FL | General Support | $7,000 |
| Loyola University Chicago, IL | General Support | $5,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $7,885,468 | $-197,615 | $496,376 | $452,500 | 19 | $480,403 | $697,333 |
| 2023 | $8,566,459 | $18,252 | $153,232 | $122,000 | 21 | $150,246 | $793,468 |
| 2022 | $8,444,439 | $9,201 | $212,186 | $179,250 | 23 | $207,250 | $1,320,748 |
| 2021 | $8,617,424 | $21,929 | $216,329 | $184,750 | 20 | $213,750 | $370,409 |
| 2020 | $8,811,824 | $-328,732 | $102,226 | $69,900 | 27 | — | $276,284 |
Under IRS private-foundation payout rules, Weldon Foundation Inc reported a distributable amount of $697K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included general support for organizations whose stated missions include advancing Purdue University’s mission, providing temporary aid to Nassau County residents in crisis, and serving victims of domestic violence through prevention, intervention, and community education. Other recipients describe work in animal care, patient health and well-being, and services that help older adults live independently and participate in social activities.
Grantmaking
In 2024, the foundation gave $452,500 through 19 grants. Grant amounts ranged from $1,000 to $330,000, with a median grant of $5,250. The largest grants included $330,000 to Coalition for the Homeless in Yulee, Florida, for director expenses/general support; $17,500 to Purdue Research Foundation for general support; $16,000 to New Vision Congregational Church in Yulee for general support; and $14,000 to Barnabas Center in Fernandina Beach for general support.
Other listed 2024 grants included $13,000 to Take Stock in Children of Nassau, $10,250 to Boys & Girls Club of Nassau County, $10,000 to 1000 Dollar Start-Ups Consortium, $7,000 each to Arts Alive Nassau and Micah’s Place, and $5,000 to Jacksonville Humane Society.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Cynthia M Weldon as president; Thomas D Weldon as vice-president; Matthew Dodson and Norman R Weldon as treasurers; and David Weldon and Carol J Weldon as secretaries.
Weldon Foundation Inc is led by Cynthia M. Weldon, President on every filing since 2020; 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Cynthia M. Weldon
President
On filings since 2020
5 hrs/week
No compensation reported
David Weldon
Secretary
New on the 2024 filing
1 hr/week
$12K (2024)
Matthew Dodson
Treasurer
New on the 2024 filing
2 hrs/week
$1K (2024)
Carol J. Weldon
Secretary
On filings since 2020
1 hr/week
No compensation reported
Norman R. Weldon
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Thomas D. Weldon
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to David Weldon (Secretary). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Weldon Foundation Inc
How much does Weldon Foundation Inc give each year?
Weldon Foundation Inc gave $453K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $122K across 21 grants.
What is Weldon Foundation Inc's typical grant size?
Weldon Foundation Inc's median grant in 2024 was $5,250, and its average grant was $23,816, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Weldon Foundation Inc that year got $5K on average.
Where does Weldon Foundation Inc give grants?
Weldon Foundation Inc gives mostly in Florida: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Yulee, FL (5 grants), Fernandina Beach, FL (5 grants) and Jacksonville, FL (2 grants).
Does Weldon Foundation Inc give general operating support?
Yes: 95% of Weldon Foundation Inc's 2024 grants with a stated purpose (18 of 19) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Weldon Foundation Inc's largest grantees?
Weldon Foundation Inc's largest 2024 grantees include Coalition for the Homeless ($330,000), Purdue Research Foundation ($17,500) and New Vision Congregational Church ($16,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is Weldon Foundation Inc?
Weldon Foundation Inc reported $7.9M in total assets on its 2024 IRS Form 990-PF. It paid out $480K in qualifying distributions that year, against a required minimum of $697K (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 Weldon Foundation Inc fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Weldon Foundation Inc?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Weldon Foundation Inc's EIN?
Weldon Foundation Inc's EIN (Employer Identification Number) is 65-0715451. IRS Form 990 filing data is available on this page for 2020–2024.
Does Weldon Foundation Inc 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 September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Weldon Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/weldon-foundation-inc-morg_549dc574acad45b09b7a2e6279041249
BibTeX
@misc{grantable_650715451_2026,
author = {{Grantable}},
title = {{Weldon Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/weldon-foundation-inc-morg_549dc574acad45b09b7a2e6279041249},
note = {Accessed 2026-10-14. 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 Weldon Foundation Inc'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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