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Filing year 2023

THE WELCH GROUP FOUNDATION

Birmingham, Alabama·EIN 46-0818266·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$313k
Total assets
$882k
Total expenses
$229k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. THE WELCH GROUP FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer

Grants paid

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

Total granted

$223k

Itemized grants

30

Median grant

$3k

RecipientLocationPurposeAmount
CREATE BIRMINGHAMBIRMINGHAM, ALYOUTH DEVELOPMENT$35k
GRACE KLEIN COMMUNITYBIRMINGHAM, ALFAMILY SERVICES$35k
FRIENDS OF JEMISON PARKBIRMINGHAM, ALCOMMUNITY$25k
ROOTED MINISTRIESVESTAVIA HILLS, ALEDUCATIONAL$25k
RED MOUNTAIN PARKBIRMINGHAM, ALEDUCATIONAL$20k
ALABAMA VETERANSBIRMINGHAM, ALCOMMUNITY$10k
CAMPUS OUTREACH SERVE DEPT 485HOUSTON, TXCOMMUNITY$10k
FOUNDATIONS EARLY LEARNING & FAMILY CENTERBIRMINGHAM, ALCOMMUNITY$10k
YMCA OF GREATER BIRMINGHAMBIRMINGHAM, ALYOUTH DEVELOPMENT$10k
LANTHROP SMITH SCHOLARSHIPBIRMINGHAM, ALEDUCATIONAL$8k
RADIATION ONCOLOGY ACCELERATED RESEARCH (ROAR)BIRMINGHAM, ALMEDICAL ORGANIZATION$5k
ALZHEIMER'S OF CENTRAL ALABAMABIRMINGHAM, ALHEALTH & MEDICAL$4k
BIRMINGHAM ZOOBIRMINGHAM, ALCOMMUNITY$3k
CHILDREN'S HARBOR FOCHABIRMNGHAM, ALFAMILY MEDICAL NEEDS$3k
CORNERSTONE SCHOOLBIRMINGHAM, ALEDUCATIONAL$3k
STUDIO BY THE TRACKSIRONDALE, ALCOMMUNITY$3k
HOMEWOOD LACROSSEHOMEWOOD, ALYOUTH DEVELOPMENT$2k
QUARTERBACKING CHILDREN'S HEALTHBIRMINGHAM, ALHEALTH & MEDICAL$2k
LEADERSHIP VESTAVIA HILLSBIRMINGHAM, ALYOUTH SERVICES$2k
ADY'S BIG ARMYBIRMINGHAM, ALCOMMUNITY$1k
BIRMINGHAM TALKSBIRMINGHAM, ALEDUCATIONAL$1k
ADDICTION PREVENTION COALITIONBIRMINGHAM, ALMEDICAL SUPPORT ORGANIZATION$1k
AMANDA PAIR FOUNDATIONVESTAVIA, ALHEALTH & MEDICAL$1k
BIG OAK RANCHSPRINGVILLE, ALCOMMUNITY$1k
CAHABA RIVER SOCIETYBIRMINGHAM, ALCOMMUNITY$1k
Compare this foundation's grantees

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 Community Improvement & Capacity Building executives earn in Alabama

THE WELCH GROUP FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Alabama earns a median of $59,750.

25th percentile
$37k
Median
$59,750
75th percentile
$96k
90th percentile
$137k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 112 organizations across 112 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Alabama
FAQ

Common questions about THE WELCH GROUP FOUNDATION

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

In 2023, THE WELCH GROUP FOUNDATION reported $313k in total revenue and $229k 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.