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Filing year 2024

WELFUND INC

Mercer Island, Washington·EIN 95-6091887·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$55k
Total assets
$978k
Total expenses
$108k
Reported officers
3

Reported officers (all unpaid)

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

President
Secretary/tr
Vice Preside

Grants paid

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

Total granted

$85k

Itemized grants

6

Median grant

$10k

RecipientLocationPurposeAmount
NW SCHOOL OF WOODEN BOAT BUPORT HADLOCK, WAGENERAL SUPPORT$50k
LEAVENWORTH SKI HILL HERITAGE FNDLEAVENWORTH, WAFACILITATE WINTER RECREATION$10k
WENATCHEE RIVER INSTITUTELEAVENWORTH, WAGENERAL SUPPORT$10k
URBAN ART WORKSSEATTLE, WAGENERAL SUPPORT$9k
JACKSON HOLE PUBLIC ARTJACKSON HOLE, WYGENERAL SUPPORT$4k
ST VINCENT DE PAUL SCHOOLFEDERAL WAY, WAGENERAL SUPPORT$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

WELFUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$74k
$109k
2023
$55k
$108k
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

WELFUND 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 WELFUND INC

What are WELFUND INC's revenue and expenses?

In 2024, WELFUND INC reported $55k in total revenue and $108k 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.