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Filing year 2024

THE WELTY FOUNDATION INC

Spokane, Washington·EIN 94-3210510·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$70k
Total assets
$830k
Total expenses
$68k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE WELTY FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Director/president
Secretary/treasurer
Director/vp

Grants paid

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

Total granted

$53k

Itemized grants

7

Median grant

$5k

RecipientLocationPurposeAmount
SPOKANE PUBLIC SCHOOLSSPOKANE, WAPROVIDE RESOURCES FOR FOSTERING EDUCATION$18k
SPOKANE YOUTH SYMPHONYSPOKANE, WAPROVIDE RESOURCES FOR FOSTERING MUSIC$10k
SPOKANE SYMPHONY SOCIETYSPOKANE, WAPROVIDE RESOURCES FOR FOSTERING MUSIC$7k
SPOKANE AREA YOUTH CHOIRSSPOKANE, WAPROVIDE RESOURCES FOR FOSTERING MUSIC$5k
NW MUSEUM OF ARTS & CULTURESPOKANE, WAPROVIDE RESOURCES FOR FOSTERING THE ARTS$5k
THE SALVATION ARMYRANCHOS PALOS VERDES, CAPROVIDE RESOURCES FOR FOSTERING EDUCATION$5k
WEST CENTRAL COMMUNITY DEVELOPMENT ASSOCIATIONSPOKANE, WAPROVIDE RESOURCES FOR FOSTERING THE ARTS$4k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE WELTY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$51k
$64k
2023
$70k
$68k
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 Washington

THE WELTY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Washington earns a median of $35,888.

25th percentile
$10k
Median
$35,888
75th percentile
$120k
90th percentile
$220k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 420 organizations across 420 filings (2022 – 2024).

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

Common questions about THE WELTY FOUNDATION INC

What are THE WELTY FOUNDATION INC's revenue and expenses?

In 2024, THE WELTY FOUNDATION INC reported $70k in total revenue and $68k 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.