Welter Foundation Inc
Welter Foundation Inc is a private foundation based in Bristol, Indiana. Its 2024 filing reports grants to charitable organizations, with most grant dollars going to recipients in Indiana.
Welter Foundation Inc at a glance
In short: Welter Foundation Inc gave $691K across 38 grants in 2024 (avg $18K), mostly in Indiana. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $691,465
- +22.7% vs 2023
- Grants made (2024)
- 38
- +0.0% vs 2023
- Average grant
- $18,196
- +22.7% vs 2023
- Median grant
- $5,000
- Total assets
- $14,125,928
- +99.1% vs 2023
- New grantees (estimate)
- 29% first-time grantees (11 of 38, 2024)
- Primary geography
- Indiana (77% 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 Welter Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 21027 Riverbrook Ln, Bristol, IN 46507
Phone: (574) 596-2543
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Welter Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Wellfield Botanical Gardens Inc ($175K). Together the top 10 received $566K.
Grant Size Distribution
168 grants across all recorded years
The most common grant size was under $50K: 148 grants of 168 (88%).
Geographic Focus
Where this funder awards grants
In 2024, 77% of grant dollars went to recipients in Indiana, 16% to Michigan, 6% to Florida, and 1% to Colorado.
Grant Distribution by State
Share of 2024 grant dollars across all 38 itemized grants.
Cities
Is Welter Foundation Inc open to new grantees?
29%
first-time grantees, 2024
In 2024, 11 of 38 grantees (29%) were first-time recipients. First grants averaged $13K; repeat grants $21K. How we count
Medians: $3K first-time, $5K repeat.
- 61% of 2024 grantees were also funded in 2023. Method
- Giving grew 31% from 2021 to 2024. Method
- In 2024 it paid out 88% 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 $456K (2022) to $691K (2024). In 2024 it made 38 grants totaling $691K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wellfield Botanical Gardens Inc Elkhart, IN | General operating support | $175,000 |
| Charlevoix County Community Foundation East Jordan, MI | General operating support | $100,000 |
| Bashor Children's Home Goshen, IN | General operating support | $61,000 |
| Community Foundation of Elkhart County Inc Elkhart, IN | General operating support | $50,000 |
| Child and Parent Services Inc Elkhart, IN | General operating support | $47,680 |
| St John's Episcopal Church Elkhart, IN | General operating support | $40,000 |
| Premier Arts Inc Elkhart, IN | General operating support | $32,500 |
| United Way of Elkhart County Elkhart, IN | General operating support | $25,000 |
| Tumaini Fund USA Naples, FL | General operating support | $19,550 |
| Michiana Public Broadcasting Corporation (WNIT) South Bend, IN | General operating support | $15,000 |
Ready to take the next step with Welter 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,125,928 | $12,612,494 | $824,908 | $691,465 | 38 | $691,631 | $6,063,876 | $782,184 |
| 2023 | $7,095,057 | $468,127 | $662,254 | $563,629 | 38 | $563,779 | $337,825 | $583,808 |
| 2022 | $7,288,784 | $409,452 | $562,037 | $456,150 | 35 | $456,690 | $293,100 | $564,590 |
| 2021 | $7,441,369 | $835,876 | $653,101 | $528,580 | 33 | $538,775 | $739,910 | $614,468 |
| 2020 | $7,258,594 | $1,428,155 | $568,150 | $478,500 | 24 | — | $790,088 | $423,154 |
Under IRS private-foundation payout rules, Welter Foundation Inc reported a distributable amount of $782K 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 support for organizations working in areas such as botanical gardens, child and family services, the arts, animal welfare, and community development. For example, Child and Parent Services Inc describes its mission as supporting families so every child can live free from abuse and neglect; Premier Arts Inc says it inspires imagination and develops community creativity through performing arts education and related programs.
Grantmaking
In 2024, the foundation made 38 grants totaling $691,465. Grant amounts ranged from $300 to $175,000, with a median grant of $5,000. Notable grants included $175,000 to Wellfield Botanical Gardens Inc, $100,000 to Charlevoix County Community Foundation, $61,000 to Bashor Children’s Home, and $50,000 to Community Foundation of Elkhart County Inc. The filing lists these grants as general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edward P Welter as President and Director; Cynthia S Gillard as Secretary and Director; and Jill R Sigsbee, Jack Welter, and Wilhelmina J Welter as Directors.
Welter Foundation Inc is led by Edward P Welter, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward P Welter
President & Director
On filings since 2020
0 hrs/week
No compensation reported
Jill R Sigsbee
Director
On filings since 2020
0 hrs/week
$12K (2020) → $0 (2024)
Cynthia S Gillard
Secretary & Director
On filings since 2020
0 hrs/week
No compensation reported
Jack Welter
Director
On filings since 2020
0 hrs/week
No compensation reported
Wilhelmina J Welter
Director
On filings since 2020
0 hrs/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 2020 IRS filing
The highest reported compensation on the 2020 filing was $12K, to Jill R Sigsbee (Director).
Frequently asked questions about Welter Foundation Inc
How much does Welter Foundation Inc give each year?
Welter Foundation Inc gave $691K across 38 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $564K across 38 grants.
What is Welter Foundation Inc's typical grant size?
Welter Foundation Inc's median grant in 2024 was $5,000, and its average grant was $18,196, across 38 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Welter Foundation Inc that year got $13K on average.
Where does Welter Foundation Inc give grants?
Welter Foundation Inc gives mostly in Indiana: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Michigan (16%) and Florida (6%). The most frequent recipient cities were Elkhart, IN (17 grants), Goshen, IN (3 grants), Naples, FL (3 grants) and Bristol, IN (2 grants).
Does Welter Foundation Inc give general operating support?
Yes: 100% of Welter Foundation Inc's 2024 grants with a stated purpose (38 of 38) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Welter Foundation Inc's largest grantees?
Welter Foundation Inc's largest 2024 grantees include Wellfield Botanical Gardens Inc ($175,000), Charlevoix County Community Foundation ($100,000) and Bashor Children's Home ($61,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.
How large is Welter Foundation Inc?
Welter Foundation Inc reported $14.1M in total assets on its 2024 IRS Form 990-PF. It paid out $692K in qualifying distributions that year, against a required minimum of $782K (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 Welter Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations working in areas such as botanical gardens, child and family services, the arts, animal welfare, and community development. See mission & focus areas ↑
How do I apply for a grant from Welter Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Welter Foundation Inc's EIN?
Welter Foundation Inc's EIN (Employer Identification Number) is 35-2023590. IRS Form 990 filing data is available on this page for 2020–2024.
Does Welter 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). Welter Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/welter-foundation-inc-morg_c44543b9b5e9478f9b9699a2b5080b6d
BibTeX
@misc{grantable_352023590_2026,
author = {{Grantable}},
title = {{Welter Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/welter-foundation-inc-morg_c44543b9b5e9478f9b9699a2b5080b6d},
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 Welter 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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