Welter Foundation Inc is a private foundation established in 1997 and based in Bristol, Indiana. The foundation operates as a family foundation supported by Jack and Angie Welter, with Edward P Welter serving as President and Director.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.1M
+99.1% YoY
Annual Giving
$691K
+22.7% YoY
Grant Count
38
+0.0% YoY
Avg Grant Size
$18K
+22.7% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education (with emphasis on higher education and university education)
- Health (particularly diabetes and endocrine/nutritional and metabolic diseases)
- Philanthropy and voluntarism
- Human services
- Public safety and disaster management (including child abuse prevention)
- Religion (with emphasis on Christianity)
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$5,000
Average Grant
amount: approximately $60,000
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Geographic Focus
Where this funder awards grants
The foundation funds projects primarily in:
- Indiana
- Michigan
- Florida
- Additional funding in Arizona, Colorado, Illinois, Minnesota, and New York
Geographic focus areas include South Bend, Indianapolis, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023):
- Total assets: $7,095,057
- Total revenues: $468,127
- Total expenses: $662,254
- Total giving: $562,479
- Giving rate: 7.9% of assets
Revenue Composition (2023):
- Investment income and dividends: $137,678
- Net gain from sale of non-inventory assets: $330,449
Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,125,928 | $7,095,057 | $7,288,784 |
| Revenue | $12,612,494 | $468,127 | $409,452 |
| Expenses | $824,908 | $662,254 | $562,037 |
| Qualifying Distributions | $691,631 | $563,779 | $456,690 |
| Net Investment Income | $6,063,876 | $337,825 | $293,100 |
| Distributable Amount | $782,184 | $583,808 | $564,590 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
168 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Edward P Welter - President and Director
- Jack and Angie Welter - Foundation supporters
- Board of directors serve without compensation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward P Welter | President & Director | 0.01 | — |
| Cynthia S Gillard | Secretary & Director | 0.01 | — |
| Jill R Sigsbee | Director | 0.01 | — |
| Jack Welter | Director | 0.01 | — |
| Wilhelmina J Welter | Director | 0.01 | — |
Contact Information
Address: 21027 Riverbrook Ln, Bristol, IN 46507-9417
Telephone: 574-596-2543
EIN: 35-2023590
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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