Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
President/asst Secretary/t Board President Above 90th percentile | $231k $257k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at WELFARE FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$5.5M
Itemized grants
71
Median grant
$62k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| FAME INC | WILMINGTON, DE | GRANT | $300k |
| DELAWARE STATE UNIVERSITY FOUNDATION | DOVER, DE | GRANT | $250k |
| BE READY COMMUNITY DEVELOPMENT CORPORATION | WILMINGTON, DE | GRANT | $200k |
| DELAWARE TECHNICAL & COMMUNITY COLLEGE | WILMINGTON, DE | GRANT | $200k |
| EXCEPTIONAL CARE FOR CHILDREN INC | NEWARK, DE | GRANT | $200k |
| TODMORDEN FOUNDATION | WILMINGTON, DE | GRANT | $200k |
| CHEER INC | GEORGETOWN, DE | GRANT | $150k |
| FREIRE FOUNDATION | PHILADELPHIA, PA | GRANT | $150k |
| JOSHUA M FREEMAN FOUNDATION | SELBYVILLE, DE | GRANT | $150k |
| LIMEN RECOVERY WELLNESS | WILMINGTON, DE | GRANT | $150k |
| NEWARK CHARTER SCHOOL | NEWARK, DE | GRANT | $150k |
| SAINT MARK'S HIGH SCHOOL | WILMINGTON, DE | GRANT | $150k |
| AMERICAN RED CROSS DELMARVA CHAPTER | WILMINGTON, DE | GRANT | $100k |
| DELAWARE THEATRE COMPANY | WILMINGTON, DE | GRANT | $100k |
| LUTHERAN SENIOR SERVICES OF DOVER | WILMINGTON, DE | GRANT | $100k |
| NEWARK SENIOR CENTER | NEWARK, DE | GRANT | $100k |
| SURVIVOR VENTURES INC | NORFOLK, VA | GRANT | $100k |
| THE ROSA HEALTH CENTER | GEORGETOWN, DE | GRANT | $100k |
| THE WAY HOME | GEORGETOWN, DE | GRANT | $100k |
| UNITED WAY OF DELAWARE | WILMINGTON, DE | GRANT | $100k |
| WILMINGTON ALLIANCE | WILMINGTON, DE | GRANT | $100k |
| ZOE MINISTRIES INC | GREENWOOD, DE | GRANT | $100k |
| CALLIOPE PROJECT INC (MILTON THEATRE) | MILTON, DE | GRANT | $80k |
| DELAWARE CHILDREN'S MUSEUM | WILMINGTON, DE | GRANT | $80k |
| THE NATURE CONSERVANCY | WILMINGTON, DE | GRANT | $80k |
This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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.
Common questions about WELFARE FOUNDATION INC
What does the Board President of WELFARE FOUNDATION INC earn?
In 2023, the Board President of WELFARE FOUNDATION INC received $230,992 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at WELFARE FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board President at WELFARE FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at WELFARE FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are WELFARE FOUNDATION INC's revenue and expenses?
In 2023, WELFARE FOUNDATION INC reported $4.9M in total revenue and $6M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.
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