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Filing year 2023

The Robert A Welch Foundation

Houston, Texas·EIN 76-0343128·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$36.8M
Total assets
$619M
Total expenses
$64.3M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

President
Board President
Above 90th percentile
$775k
$828k
Chief Financial Officer
75th to 90th percentile
$214k
$229k
Ex-chief Financial Officer
Unclassified
$165k
$177k
Chair and Director
Board Chair
Median to 75th percentile
$50k
$53k
Director
Unclassified
$35k
$37k
Vice Chair and Director
Board Vice Chair
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$35k
$37k
Treasurer and Director
Unclassified
$35k
$37k
Director
Unclassified
$15k
$16k
Secretary and Director
Unclassified
$12k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Robert A Welch Foundation equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$39.3M

Itemized grants

64

Median grant

$110k

RecipientLocationPurposeAmount
TEXAS A&M FOUNDATIONCollege Station, TXBasic Research in Chemistry and related fields$10M
THE UNIVERSITY OF TEXAS AT AUSTINAustin, TXBasic Research in Chemistry and related fields$5.3M
THE UNIVERSITY OF TEXAS AT SOUTHWESTERN MEDICAL CENTERDallas, TXBasic Research in Chemistry and related fields$5.1M
RICE UNIVERSITYHouston, TXBasic Research in Chemistry and related fields$2.8M
TEXAS A&M UNIVERSITYCollege Station, TXBasic Research in Chemistry and related fields$2.7M
UNIVERSITY OF HOUSTONHouston, TXBasic Research in Chemistry and related fields$2.4M
BAYLOR COLLEGE OF MEDICINEHouston, TXBasic Research in Chemistry and related fields$2M
BAYLOR UNIVERSITYWaco, TXBasic Research in Chemistry and related fields$1.3M
THE UNIVERSITY OF TEXAS AT DALLASRichardson, TXBasic Research in Chemistry and related fields$600k
Jacqueline Barton DervanHouston, TXWelch Award in Chemistry and related fields$500k
TRINITY UNIVERSITYSan Antonio, TXBasic Research in Chemistry and related fields$435k
TEXAS TECH UNIVERSITYLubbock, TXBasic Research in Chemistry and related fields$400k
TEXAS CHRISTIAN UNIVERSITYFort Worth, TXBasic Research in Chemistry and related fields$400k
THE UNIVERSITY OF TEXAS AT SAN ANTONIOSan Antonio, TXBasic Research in Chemistry and related fields$400k
THE UNIVERSITY OF TEXAS HEALTH SAN ANTONIOSan Antonio, TXBasic Research in Chemistry and related fields$400k
THE UNIVERSITY OF TEXAS AT EL PASOEl Paso, TXBasic Research in Chemistry and related fields$300k
THE UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTONHouston, TXBasic Research in Chemistry and related fields$300k
THE TEXAS INTERSCHOLASTIC LEAGUE FOUNDATIONAustin, TXBasic Research in Chemistry and related fields$287k
SAM HOUSTON STATE UNIVERSITYHuntsville, TXBasic Research in Chemistry and related fields$250k
SOUTHERN METHODIST UNIVERSITYDallas, TXBasic Research in Chemistry and related fields$200k
THE UNIVERSITY OF TEXAS AT ARLINGTONArlington, TXBasic Research in Chemistry and related fields$200k
TEXAS A&M UNIVERSITY - KINGSVILLEKingsville, TXBasic Research in Chemistry and related fields$135k
UNIVERSITY OF HOUSTON-DOWNTOWNHouston, TXBasic Research in Chemistry and related fields$135k
UNIVERSITY OF THE INCARNATE WORDSan Antonio, TXBasic Research in Chemistry and related fields$135k
SOUTHWESTERN UNIVERSITYGeorgetown, TXBasic Research in Chemistry and related fields$130k
Compare this foundation's grantees

Up 5%
from 2022

From $737k in 2022 to $775k in 2023.

$737k
2022
$775k
2023
In today's dollarsEst.
Up 2% in real terms$814k to $828k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 5% from 2022 to 2023, while revenue fell 23%.

$737k in 2022 to $775k in 2023.
  • Chief Financial Officer pay fell 37% from 2022 to 2023.
  • Board Chair pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Robert A Welch Foundation

What does the Board President of The Robert A Welch Foundation earn?

In 2023, the Board President of The Robert A Welch Foundation received $775,231 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at The Robert A Welch Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Board President at The Robert A Welch Foundation falls in the top 10%. In 2023, the highest total compensation at The Robert A Welch Foundation equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Robert A Welch Foundation's revenue and expenses?

In 2023, The Robert A Welch Foundation reported $36.8M in total revenue and $64.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.