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Filing year 2024

JUDITH AND RICHARD WELCH FAMILY FOUNDATION

Riverwoods, Illinois·EIN 84-3957631·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$30k
Total assets
$524k
Total expenses
$64k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. JUDITH AND RICHARD WELCH FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Foundation Mgr.
Director

Grants paid

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

Total granted

$58k

Itemized grants

15

Median grant

$3k

Financial trend

Revenue and expenses over time

JUDITH AND RICHARD WELCH FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$74k
$65k
2023
$30k
$64k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

JUDITH AND RICHARD WELCH FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about JUDITH AND RICHARD WELCH FAMILY FOUNDATION

What are JUDITH AND RICHARD WELCH FAMILY FOUNDATION's revenue and expenses?

In 2024, JUDITH AND RICHARD WELCH FAMILY FOUNDATION reported $30k in total revenue and $64k in total expenses on its IRS Form 990.

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