Weld Foundation

Organization Overview

Weld Foundation is located in Boston, MA. The organization was established in 1954. 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. Weld 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, Weld Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $964.0k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Weld Foundation has awarded 130 individual grants totaling $2,791,920. 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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Board, Officers & Key Employees

Name (title)Compensation
C-F David Boit
Trustee
$21,257
Thomas R Appleton
Trustee
$21,257

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $230,546
Net Rental Income$0
Net Gain on Sale of Assets $1,422,722
Capital Gain Net Income $1,422,722
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,653,268

Grants Awarded

Over the last fiscal year, Weld Foundation has awarded $860,418 in support to 58 organizations.

Grant RecipientAmount

NORTH SHORE MEDICAL CENTER FOUNDATION

PURPOSE: BUILDING A HEALTHIER NORTH SHORE FUND

$286,806

NORTH HAVEN SUSTAINABLE HOUSING

PURPOSE: GENERAL

$50,602

Beaufort, SC

PURPOSE: GENERAL

$50,000

WATCHTOWER BIBLE AND TRACT SOCIETY OF NEW YORK

Org PageRecipient Profile

Wallkill, NY

PURPOSE: GENERAL

$47,801

FRIENDS OF COUNTY PETS

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL

$25,000

CHILD ABUSE PREVENTION ASSOCIATION (CAPA)

Org PageRecipient Profile

Beaufort, SC

PURPOSE: GENERAL

$20,000
View Grant Profile

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