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Filing year 2024

WELCH FAMILY FOUNDATION

Tulsa, Oklahoma·EIN 73-1502461·NTEE T21J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$494k
Total assets
$2.8M
Total expenses
$214k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. WELCH FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Dir & Pres
Director
Director
VP & Secretary

Grants paid

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

Total granted

$207k

Itemized grants

9

Median grant

$22k

RecipientLocationPurposeAmount
WHITWORTH UNIVERSITYSPOKANE, WASUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS$40k
CAMP LOUGHRIDGETULSA, OKSUPPORT FOR RELIGIOUS AND YOUTH PROGRAMS$25k
LITERACY & EVANGELISM INTERNATIONALTULSA, OKSUPPORT FOR RELIGIOUS & EDUCATIONAL PROGRAMS$25k
HELPING HAND MINISTRY INCTULSA, OKSUPPORT FOR SERVICES PROVIDED TO THE NEEDY$24k
COLLEGE OF THE OZARKSPOINT LOOKOUT, MOSCHOLARSHIPS$22k
ASBURY SEMINARYWILMORE, KYSUPPORT FOR EDUCATIONAL & RELIGIOUS PROGRAMS$20k
FIRST PRESBYTERIAN CHURCHTULSA, OKSUPPORT FOR RELIGIOUS ACTIVITIES$20k
OPERATION HOPE PRISON MINISTRYTULSA, OKSUPPORT FOR SERVICES PROVIDED TO THOSE IN NEED$20k
NEIGHBORS ALONG THE LINE INCTULSA, OKSUPPORT FOR SERVICES PROVIDED TO THOSE IN NEED$11k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$37k
$211k
2023
$494k
$214k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Oklahoma

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 Oklahoma earns a median of $26,025.

25th percentile
$8k
Median
$26,025
75th percentile
$72k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 297 organizations across 297 filings (2022 – 2024).

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

Common questions about WELCH FAMILY FOUNDATION

What are WELCH FAMILY FOUNDATION's revenue and expenses?

In 2024, WELCH FAMILY FOUNDATION reported $494k in total revenue and $214k 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.