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Filing year 2024

Welter Foundation Inc

Bristol, Indiana·EIN 35-2023590·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$12.6M
Total assets
$14.1M
Total expenses
$825k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Welter Foundation Inc reported 5 unpaid officers and board members on its 990-PF.

President & Director
Secretary & Director
Director
Director
Director

Grants paid

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

Total granted

$691k

Itemized grants

38

Median grant

$5k

RecipientLocationPurposeAmount
Wellfield Botanical Gardens IncElkhart, INGeneral operating support$175k
Charlevoix County Community FoundationEast Jordan, MIGeneral operating support$100k
Bashor Children's HomeGoshen, INGeneral operating support$61k
Community Foundation of Elkhart County IncElkhart, INGeneral operating support$50k
Child and Parent Services IncElkhart, INGeneral operating support$48k
St John's Episcopal ChurchElkhart, INGeneral operating support$40k
Premier Arts IncElkhart, INGeneral operating support$33k
United Way of Elkhart CountyElkhart, INGeneral operating support$25k
Tumaini Fund USANaples, FLGeneral operating support$20k
Michiana Public Broadcasting Corporation (WNIT)South Bend, INGeneral operating support$15k
Women's Care Center NaplesNaples, FLGeneral operating support$15k
The Humane Society of Elkhart County IncBristol, INGeneral operating support$15k
ADECBristol, INGeneral operating support$13k
The Salvation ArmyElkhart, INGeneral operating support$10k
Boys and Girls Club of Elkhart CountyElkhart, INGeneral operating support$8k
YWCA North Central Indiana- Safe HavenSouth Bend, INGeneral operating support$8k
Economic Development Corporation of Elkhart County IncElkhart, INGeneral operating support$5k
Girls on the Run MichianaNotre Dame, INGeneral operating support$5k
Junior Achievement USAColorado Springs, COGeneral operating support$5k
St Joseph River Assoc IncElkhart, INGeneral operating support$5k
Vilar Performing Arts Center IncAvon, COGeneral operating support$5k
LoveWay IncMiddlebury, INGeneral operating support$4k
Edwardsburg Sports ComplexEdwardsburg, MIGeneral operating support$3k
E3 Robotics Center IncElkhart, INGeneral operating support$3k
Lexington House of Elkhart IncElkhart, INGeneral operating support$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Welter Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$468k
$662k
2023
$12.6M
$825k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

Welter Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

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

Common questions about Welter Foundation Inc

What are Welter Foundation Inc's revenue and expenses?

In 2024, Welter Foundation Inc reported $12.6M in total revenue and $825k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.