Welton Foundation

WILMINGTON, DE EIN: 26-3843649

Welton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $226K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$226K

-14.5% YoY

Annual Giving

$25K

-58.7% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$4K

-35.1% YoY

Under IRS private-foundation payout rules, Welton Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Welton Foundation

Based on IRS filings

Welton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $226K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CarmelIslamoradaLos AngelesMontereyNew YorkPasadenaPebble BeachSan FranciscoSan JoseSeasideStanford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$65K$98K$130K20202021202220232024
Metric202420232022
Total Assets$225,954$264,360$374,798
Revenue$-1,124$-36,968$118,370
Expenses$37,282$73,470$37,174
Qualifying Distributions$35,949$71,235$34,525
Net Investment Income$2,923$40,041
Distributable Amount$10,902$13,970$15,536

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$57K$77K9 grants20209 grants20219 grants202211 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

MONTAGE HEALTH$15KCOMMUNITY FOUNDATION FOR…$3KSAN JOSE WIND SYMPHONY$3KMONTEREY PENINSULA COLLE…$2KJUVENILE DIABETES RESEAR…$1KPACIFIC REPERTORY THEATRE$1KTHE UCLA FOUNDATION$1K

Grant Size Distribution

45 grants across all recorded years

44<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Montage Health ($15,000), Community Foundation for Monterey County ($2,500), San Jose Wind Symphony ($2,500).

RecipientPurposeAmount
COMMUNITY FOUNDATION FOR MONTEREY COUNTY MONTEREY, CAProjectDNA under the care of Dr. Dan Luba$2,500
JUVENILE DIABETES RESEARCH FOUNDATION SAN FRANCISCO, CAGeneral & Unrestricted$1,000
MONTAGE HEALTH MONTEREY, CAGeneral & Unrestricted$15,000
MONTEREY PENINSULA COLLEGE FOUNDATION MONTEREY, CANursing school scholarships Fund$2,000
PACIFIC REPERTORY THEATRE CARMEL, CAGolden Bough Restoration Fund$1,000
SAN JOSE WIND SYMPHONY SAN JOSE, CAGeneral & Unrestricted$2,500
THE UCLA FOUNDATION PASADENA, CAFor the Carol K Block Endowed Scholarship at the Herb Alpert School of Music Scholarship Fund$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Alexander Patrick WeltonDir, VP1
Annette L WeltonVP, Dir1
Mikaela Annette WeltonDir, VP1
Patrick L WeltonPres, Dir, Sec1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Welton Foundation?

Welton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $226K in total assets as of 2024.

How large is Welton Foundation?

As of 2024, Welton Foundation holds $226K in total assets with $-1,124 in annual revenue. It awarded 7 grants totaling $25K in 2024.

Where does Welton Foundation operate?

Welton Foundation has awarded grants in California, Florida, New York.

What size grants does Welton Foundation award?

In 2024, Welton Foundation awarded 7 grants totaling $25K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Welton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Welton Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Welton Foundation's EIN?

Welton Foundation's EIN (Employer Identification Number) is 26-3843649. IRS Form 990 filing data is available on this page for 2020–2024.

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

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