James & Virginia Welch Foundation

Organization Overview

James & Virginia Welch Foundation is located in Parsippany, NJ. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James & Virginia Welch Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, James & Virginia Welch Foundation generated $149.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.9% each year . All expenses for the organization totaled $205.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, James & Virginia Welch Foundation has awarded 463 individual grants totaling $1,273,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $12
Dividends & Interest $75,554
Net Rental Income$0
Net Gain on Sale of Assets $73,423
Capital Gain Net Income $73,423
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $148,989

Grants Awarded

Over the last fiscal year, James & Virginia Welch Foundation has awarded $170,900 in support to 62 organizations.

Grant RecipientAmount

CHRISTOPHER & DANA REEVE FOUNDATION

PURPOSE: UNRESTRICTED

$50,000

HARVARD COLLEGE FUND

PURPOSE: UNRESTRICTED

$25,000

TRUSTEES OF COLUMBIA UNIVERSITY

PURPOSE: UNRESTRICTED

$10,000

METROPOLITAN MUSEUM OF ART

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED

$8,400

COMMUNITY CONGREGATIONAL CHURCH

PURPOSE: UNRESTRICTED

$5,000

MASSACHUSETTS GENERAL HOSPITAL

PURPOSE: UNRESTRICTED

$5,000
View Grant Profile

Peer Organizations

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