Skip to main content
Filing year 2024

JAMES & VIRGINIA WELCH FOUNDATION

Parsippany, New Jersey·EIN 22-3504396·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$240k
Total assets
$3.2M
Total expenses
$324k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. JAMES & VIRGINIA WELCH FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Secretary and Treasurer
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$281k

Itemized grants

29

Median grant

$5k

RecipientLocationPurposeAmount
CHRISTOPHER & DANA REEVE FOUNDATIONSHORT HILLS, NJUNRESTRICTED$50k
HARVARD COLLEGE FUNDCAMBRIDGE, MAUNRESTRICTED$25k
MASSACHUSETTS GENERAL HOSPITALBOSTON, MAUNRESTRICTED$25k
METROPOLITAN MUSEUM OF ARTNEW YORK, NYUNRESTRICTED$25k
MUSEUM OF FINE ARTSBOSTON, MAUNRESTRICTED$25k
NEW JERSEY CONSERVATION FOUNDATIONFAR HILLS, NJUNRESTRICTED$25k
LINCOLN CENTER FOR THE PERFORMING ARTS INCNEW YORK, NYUNRESTRICTED$15k
ROCKEFELLER UNIVERSITYNEW YORK, NYUNRESTRICTED$10k
SOCIETY OF THE FOUR ARTSPALM BEACH, FLUNRESTRICTED$10k
THE HOSPITAL FOR SPECIAL SURGERY FUND INCNEW YORK, NYUNRESTRICTED$10k
UNITED STATES SOCCER FOUNDATION INCWASHINGTON, DCUNRESTRICTED$10k
VASSAR COLLEGEPOUGHKEEPSIE, NYUNRESTRICTED$10k
FRIENDS OF HARVARD ATHLETICS SOCCERHARVARD, MAUNRESTRICTED$5k
MANCHESTER-ESSEX CONSERVATION TRUST INCMANCHESTER, MAUNRESTRICTED$5k
PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INCNEW YORK, NYUNRESTRICTED$5k
PINGRY CORPORATIONBASKING RIDGE, NJUNRESTRICTED$5k
CAPE ANN MUSEUM INCGLOUCESTER, MAUNRESTRICTED$3k
HOOPER FUND FOR MANCHESTER CHILDREN INCBEVERLY, MAUNRESTRICTED$3k
BOCA RATON REGIONAL HOSPITAL FOUNDATION INCBOCA RATON, FLUNRESTRICTED$3k
PLAID HOUSE INCMORRISTOWN, NJUNRESTRICTED$2k
SEEING EYE INCMORRISTOWN, NJUNRESTRICTED$2k
FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY INCSOMERVILLE, MAUNRESTRICTED$2k
NATIONAL MUSEUM OF WILDLIFE ART OF THE UNITED STATESJACKSON, WYUNRESTRICTED$1k
PAUL'S PLACE INCBALTIMORE, MDUNRESTRICTED$1k
CURE ALZHEIMER'S FUNDWELLESLEY HILLS, MAUNRESTRICTED$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

JAMES & VIRGINIA WELCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$66k
$330k
2023
$240k
$324k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

JAMES & VIRGINIA WELCH FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about JAMES & VIRGINIA WELCH FOUNDATION

What are JAMES & VIRGINIA WELCH FOUNDATION's revenue and expenses?

In 2024, JAMES & VIRGINIA WELCH FOUNDATION reported $240k in total revenue and $324k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.