Funder DirectoryWELFARE FOUNDATION INC
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Private foundation (trust)EIN 516015916Est. 1947-04

WELFARE FOUNDATION INC

WILMINGTON, DE 19801

Accepts unsolicited proposals

Total Assets

$109.2M

FY 2023

Annual Giving

$5.5M

FY 2023

Grants Made

71

FY 2023

Avg Grant

$77K

FY 2023

Grant Range

$10K–$300K

Typical

Deadlines

April 15 and october 15

Applications

Financial Snapshot

2023 filing

Total Revenue

$4.9M

Total Expenses

$6.0M

Qualifying Distributions

$5.8M

Distributable Amount

$5.0M

Min. Investment Return

$5.1M

Undistributed Income

$420K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

71 grants

Grant sizes from minimum $10K through median $62K to maximum $300K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $5.5M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

130 grants

Recipient names are missing from the available filing data for some grants.

FAME INC
$300K
1 grant
DELAWARE STATE UNIVERSITY FOUNDATION
$250K
1 grant
MINISTRY OF CARING INC
$250K
1 grant
LATIN AMERICAN COMMUNITY CENTER
$250K
1 grant
HAGLEY MUSEUM AND LIBRARY
$250K
1 grant
FOOD BANK OF DELAWARE INC
$225K
1 grant
BE READY COMMUNITY DEVELOPMENT CORPORATION
$200K
1 grant
DELAWARE TECHNICAL & COMMUNITY COLLEGE
$200K
1 grant

Grant Size Distribution

130 grants

<$10K
5
grants
$10–50K
49
grants
$50–250K
74
grants
$250K–1M
1
grants
$1–5M
1
grants
$5M+

Geographic Focus

6 states

Delaware
$13.9M
94% of total
Pennsylvania
$592K
4% of total
Virginia
$100K
1% of total
New York
$70K
0% of total
California
$50K
0% of total
New Jersey
$50K
0% of total

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WELFARE FOUNDATION INC — Grants, Financials & Contact | Grantivo