Welker Educational Scholarship Fund

Public charity · Grantmaker Billings, MT EIN: 51-0157280

To provide funds to st. Vrain valley school district re-1j for college scholarships and loans

Welker Educational Scholarship Fund at a glance

In short: Welker Educational Scholarship Fund gave $49K across 1 grant in 2025 (avg $49K), mostly in Colorado. Source: 2025 IRS Form 990.

Annual giving (2025)
$48,566
-21.4% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$48,566
-21.4% vs 2024
Median grant
$48,566
Total assets
$1,616,331
+4.5% vs 2024
Primary geography
Colorado (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

Who Welker Educational Scholarship Fund funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Longmont

How Welker Educational Scholarship Fund gives

  • Giving held roughly steady from 2022 to 2025 (+11%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $29K (2020) to $62K (2024). In 2025 it made 1 grant totaling $49K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$48,566
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,616,331$141,848$72,589$48,5661$141,848
2024$1,546,211$58,672$86,429$61,8091$58,672
2023$1,573,645$97,282$59,556$36,2811$97,282
2022$1,536,439$109,086$67,308$43,6151$109,086
2021$1,494,661$167,621$55,369$31,7061$167,621
2020$1,382,409$196,499$48,166$29,4921$196,499

About Welker Educational Scholarship Fund

Based on IRS filings

Welker Educational Scholarship Fund is a public charity focused on Education, based in Billings, MT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 1 grant totaling $49K. Net investment income was $142K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Welker Educational Scholarship Fund's only listed officer is First Interstate Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • First Interstate Bank

    Trustee

    On filings since 2022

    2 hrs/week

    $22K (2022) → $22K (2025)

Former officers (1)
  • Former: Great Western Bank (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

First Interstate Bank — Trustee: $22KFirst Interstate BankTrustee$22K

The highest reported compensation on the 2025 filing was $22K, to First Interstate Bank (Trustee).

Frequently asked questions about Welker Educational Scholarship Fund

How much does Welker Educational Scholarship Fund give each year?

Welker Educational Scholarship Fund gave $49K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $62K across 1 grant.

How large is Welker Educational Scholarship Fund?

Welker Educational Scholarship Fund reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $142K.

What is Welker Educational Scholarship Fund?

Welker Educational Scholarship Fund is a public charity focused on Education, based in Billings, MT. It holds $1.6M in total assets as of 2025.

Where does Welker Educational Scholarship Fund operate?

Welker Educational Scholarship Fund has awarded grants in Colorado.

What is Welker Educational Scholarship Fund's EIN?

Welker Educational Scholarship Fund's EIN (Employer Identification Number) is 51-0157280. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS June 29, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS March 30, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Welker Educational Scholarship Fund'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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