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Filing year 2024

THE WELCH FAMILY FOUNDATION

Denver, Colorado·EIN 83-1471700·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$81k
Total assets
$1.6M
Total expenses
$112k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Director and Vice Chair
Board Chair
Median to 75th percentile
$28k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE WELCH FAMILY FOUNDATION equaled 25% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
25%
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 2024 Form 990-PF, Part XV.

Total granted

$70k

Itemized grants

3

Median grant

$10k

RecipientLocationPurposeAmount
UNIVERSITY OF COLORADO FOUNDATIONDENVER, COGENERAL PURPOSE$50k
ARVADA COMMUNITY FOOD BANK DBA COMMUNITY TABLEARVADA, COGENERAL PURPOSE$10k
HIGH FIVES NONPROFIT FOUNDATIONTRUCKEE, CAGENERAL PURPOSE$10k
Compare this foundation's grantees

Down 8%
from 2023

From $30k in 2023 to $28k in 2024.

$30k
2023
$28k
2024
In today's dollarsEst.
Down 10% in real terms$33k to $30k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay fell 8% from 2023 to 2024, while revenue rose 35%.

$30k in 2023 to $28k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ($1M - $10M), 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 WELCH FAMILY FOUNDATION

What does the Board Chair of THE WELCH FAMILY FOUNDATION earn?

In 2024, the Board Chair of THE WELCH FAMILY FOUNDATION received $27,500 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at THE WELCH FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Chair at THE WELCH FAMILY FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE WELCH FAMILY FOUNDATION equaled 25% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE WELCH FAMILY FOUNDATION's revenue and expenses?

In 2024, THE WELCH FAMILY FOUNDATION reported $81k in total revenue and $112k in total expenses on its IRS Form 990.

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