Private foundation (trust)EIN 956091887Est. 1964-07

WELFUND INC

MERCER ISLAND, WA 98040

Accepts unsolicited proposals

Total Assets

$1.9M

FY 2023

Annual Giving

$87K

FY 2023

Grants Made

11

FY 2023

Avg Grant

$8K

FY 2023

Grant Range

$500–$22K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

The foundation's only activity is to make charitable contributions from its investment income. Qualifying donees may be engaged in religious, charitable, scientific, literary and educational work.

Financial Snapshot

2023 filing

Total Revenue

$74K

Total Expenses

$109K

Qualifying Distributions

$89K

Distributable Amount

$86K

Min. Investment Return

$87K

Undistributed Income

$84K

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

11 grants

Grant sizes from minimum $500 through median $5K to maximum $22K, 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

5 years

Giving over time from 2018 to 2023. Peak $96K in 2022. Hover bars for details.

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

Top Recipients

41 grants

CHELAN COUNTY FIRE DISTRICT 3
$115K
4 grants
CHELAN COUNTY FIRE DISTRICT #3
$50K
1 grant
LEAVENWORTH SKI HILL HERITAGE FND
$28K
3 grants
CASCADE MEDICAL FOUNDATION
$28K
3 grants
BIG BROTHERS PUGET SOUND
$25K
1 grant
LIGHTHOUSE FOR THE BLIND
$24K
3 grants
ICICLE CREEK CENTER FOR ARTS
$21K
1 grant
WESTMINSTER COLLEGE
$20K
2 grants

Grant Size Distribution

41 grants

<$10K
31
grants
$10–50K
10
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

7 states

Washington
$375K
90% of total
Utah
$20K
5% of total
Oregon
$12K
3% of total
California
$4K
1% of total
New York
$3K
1% of total
South Carolina
$1K
0% of total
Texas
$1K
0% of total

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WELFUND INC — Grants, Financials & Contact | Grantivo