Welsh Family Foundation Inc
Welsh Family Foundation Inc is a private foundation based in Vero Beach, Florida. Its 2025 grants supported organizations working in areas including the arts, education, research, health care, hunger relief, and housing.
Welsh Family Foundation Inc at a glance
In short: Welsh Family Foundation Inc gave $4.7M across 52 grants in 2025 (avg $91K), mostly in Florida. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,723,950
- +67.1% vs 2024
- Grants made (2025)
- 52
- +6.1% vs 2024
- Average grant
- $90,845
- +57.5% vs 2024
- Median grant
- $5,000
- Total assets
- $9,411,453
- +93.8% vs 2024
- New grantees (estimate)
- 10% first-time grantees (5 of 52, 2025)
- Primary geography
- Florida (65% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Welsh Family Foundation Inc
- How to Apply
-
Contact the trustees to receive information about the format for submitting applications. The filing states that there are no restrictions on awards.
- Contact
Application contact: Trustees Of The Welsh Family Founda
Mailing address: 5 Sea Court, Vero Beach, FL 32963
Phone: (772) 492-6630
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Welsh Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Vero Beach Museum of Art ($2.5M). Together the top 10 received $4.5M.
Grant Size Distribution
266 grants across all recorded years
The most common grant size was under $50K: 229 grants of 266 (86%).
Geographic Focus
Where this funder awards grants
In 2025, Florida recipients received 65% of the foundation’s grant dollars and New Jersey recipients received 27%. Smaller shares went to recipients in Virginia (3%), the District of Columbia (2%), and Colorado (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 52 itemized grants.
States
Cities
Is Welsh Family Foundation Inc open to new grantees?
10%
first-time grantees, 2025
In 2025, 5 of 52 grantees (10%) were first-time recipients. First grants averaged $9K; repeat grants $100K. How we count
Medians: $1K first-time, $5K repeat.
- 88% of 2025 grantees were also funded in 2024. Method
- Giving grew 87% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $2.1M (2023) to $9.2M (2021). In 2025 it made 52 grants totaling $4.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vero Beach Museum of Art Vero Beach, FL | Unrestricted | $2,515,000 |
| Pep Foundation Summit, NJ | Unrestricted | $1,249,000 |
| The Learning Alliance Vero Beach, FL | Unrestricted | $250,000 |
| Childcare Resources Vero Beach, FL | Unrestricted | $105,000 |
| Focused Ultrasound Foundation Charlottesville, VA | Unrestricted | $100,000 |
| American Tinnitus Association Washington, DC | Unrestricted | $70,050 |
| Indian River Habitat for Humanity Vero Beach, FL | Unrestricted | $70,000 |
| Riverside Theatre Vero Beach, FL | Unrestricted | $40,000 |
| Bravo Vail Vail, CO | Unrestricted | $30,000 |
| DLS Foundation Aurora, CO | Unrestricted | $25,000 |
Ready to take the next step with Welsh Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,411,453 | $17,860,322 | $4,779,677 | $4,723,950 | 52 | $4,725,700 | $8,786,914 | $289,563 |
| 2024 | $4,857,322 | $6,121,846 | $2,851,521 | $2,827,090 | 49 | $2,828,540 | $3,089,697 | $145,327 |
| 2023 | $4,498,754 | $1,452,183 | $2,127,688 | $2,079,420 | 59 | $2,080,795 | $1,449,453 | $237,717 |
| 2022 | $5,174,259 | $4,099,108 | $2,685,995 | $2,525,400 | 51 | $2,528,228 | $3,107,308 | $300,326 |
| 2021 | $4,650,355 | $21,899,623 | $9,198,813 | $9,194,300 | 55 | $9,198,315 | $10,286,543 | $115,433 |
| 2020 | $1,402,166 | $19,045 | $3,733,940 | $3,687,375 | 47 | — | $8,012 | $164,914 |
Under IRS private-foundation payout rules, Welsh Family Foundation Inc reported a distributable amount of $290K for 2025 — 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 2025 grantees illustrate the kinds of organizations it supports. The Learning Alliance says its mission is to improve student literacy by helping educators teach children to read. Focused Ultrasound Foundation describes work organizing and funding research, fostering collaboration, and disseminating knowledge. Riverside Theatre says it provides theatre experiences and education opportunities for adults and children. Overlook Foundation says it advances high-quality health care at Overlook Medical Center. Other grantees include St. Jude Children’s Research Hospital, which describes its work as advancing cures and prevention for pediatric catastrophic diseases, and Community Food Bank of New Jersey, which says it addresses the root causes of hunger.
Grantmaking
In 2025, the foundation reported 52 grants totaling $4,723,950. Awards ranged from $500 to $2,515,000, with a median grant of $5,000. Its largest grants included $2,515,000 to Vero Beach Museum of Art, $1,249,000 to Pep Foundation, $250,000 to The Learning Alliance, $105,000 to Childcare Resources, and $100,000 to Focused Ultrasound Foundation. The listed purposes for these awards were unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Patrick J Welsh, Eric A Welsh, and Carol A Welsh as trustees.
Welsh Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eric A. Welsh
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Patrick J. Welsh
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Carol A. Welsh
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Carol A. Weslh (2020) — 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.
Frequently asked questions about Welsh Family Foundation Inc
How much does Welsh Family Foundation Inc give each year?
Welsh Family Foundation Inc gave $4.7M across 52 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.8M across 49 grants.
What is Welsh Family Foundation Inc's typical grant size?
Welsh Family Foundation Inc's median grant in 2025 was $5,000, and its average grant was $90,845, across 52 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Welsh Family Foundation Inc that year got $9K on average.
Where does Welsh Family Foundation Inc give grants?
Welsh Family Foundation Inc gives mostly in Florida: 65% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (27%). The most frequent recipient cities were Vero Beach, FL (20 grants), Summit, NJ (2 grants), Washington, DC (2 grants) and Vail, CO (2 grants).
Does Welsh Family Foundation Inc give general operating support?
Yes: 100% of Welsh Family Foundation Inc's 2025 grants with a stated purpose (52 of 52) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Welsh Family Foundation Inc's largest grantees?
Welsh Family Foundation Inc's largest 2025 grantees include Vero Beach Museum of Art ($2,515,000), Pep Foundation ($1,249,000) and The Learning Alliance ($250,000), according to its 2025 IRS Form 990-PF. Together they received 85% of its itemized 2025 grant dollars.
How large is Welsh Family Foundation Inc?
Welsh Family Foundation Inc reported $9.4M in total assets on its 2025 IRS Form 990-PF. It paid out $4.7M in qualifying distributions that year, against a required minimum of $290K (roughly 5% of its investment assets).
What does Welsh Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grantees illustrate the kinds of organizations it supports. The Learning Alliance says its mission is to improve student literacy by helping educators teach children to read. See mission & focus areas ↑
How do I apply for a grant from Welsh Family Foundation Inc?
Contact the trustees to receive information about the format for submitting applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Welsh Family Foundation Inc's EIN?
Welsh Family Foundation Inc's EIN (Employer Identification Number) is 22-3331136. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
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Cite this profile
Grantable. (2026). Welsh Family Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/welsh-family-foundation-inc-morg_e0761dd83f4e431da159deb4438b4fe7
BibTeX
@misc{grantable_223331136_2026,
author = {{Grantable}},
title = {{Welsh Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/welsh-family-foundation-inc-morg_e0761dd83f4e431da159deb4438b4fe7},
note = {Accessed 2026-10-15. 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 Welsh Family 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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