Welfund Inc

MERCER ISLAND, WA EIN: 95-6091887

Welfund Inc is a private foundation, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $978K in total assets. In 2024, it awarded 6 grants totaling $85K. Net investment income was $33K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$978K

-5.1% YoY

Annual Giving

$85K

-2.9% YoY

Grant Count

6

-45.5% YoY

Avg Grant Size

$14K

+78.1% YoY

About Welfund Inc

Based on IRS filings

Welfund Inc is a private foundation, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $978K in total assets. In 2024, it awarded 6 grants totaling $85K. Net investment income was $33K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AustinBendCle ElumFederal WayGreerIrvingJackson HoleLeavenworthMcminnvillePort HadlockSacramentoSalt Lake CitySeattleSpokaneWenatchee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$97K$129K20202021202220232024
Metric202420232022
Total Assets$977,838$1,030,603$1,065,125
Revenue$55,409$74,336$61,580
Expenses$108,174$108,858$117,231
Qualifying Distributions$86,197$88,660$97,075
Net Investment Income$33,482$54,188$41,449
Distributable Amount$98,231$86,136$88,922

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$48K$72K$96K7 grants20207 grants202111 grants202211 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

NW SCHOOL OF WOODEN BOAT…$50KLEAVENWORTH SKI HILL HER…$10KWENATCHEE RIVER INSTITUTE$10KURBAN ART WORKS$9KJACKSON HOLE PUBLIC ART$4KST VINCENT DE PAUL SCHOOL$2K

Grant Size Distribution

42 grants across all recorded years

40<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
M ANTHONY KEYSERPRESIDENT
MARY ANNE KEYSERVICE PRESIDE
JILL KEYSERSECRETARY/TR

Related Funders

Similar funders by location and focus area

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

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