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 12/2023, Weld Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 7 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 266 individual grants totaling $4,799,784. 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
$19,827
Thomas R Appleton
Trustee
$19,827

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $324,916
Net Rental Income$0
Net Gain on Sale of Assets $1,080,170
Capital Gain Net Income $1,080,170
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,405,086

Grants Awarded

Over the last fiscal year, Weld Foundation has awarded $946,350 in support to 63 organizations.

Grant RecipientAmount

AGAPE INC

PURPOSE: GENERAL

$1,287

ALZHEIMER RESEARCH AND PREVENTION FOUNDATION

PURPOSE: GENERAL

$8,500

AMERICAN RED CROSS

PURPOSE: GENERAL

$8,500

AQUIDNECK LAND TRUST

PURPOSE: GENERAL

$5,000

AREA INTERFAITH OUTREACH

PURPOSE: GENERAL

$5,000

BEAUFORT ACADEMY

PURPOSE: GENERAL

$55,000
View Grant Profile

Peer Organizations

Organization NameAssets
Carmel Hill Fund
New York, NY
$52,940,362
Ronald S Lauder Foundation
New York, NY
$11,404,418
Thomas L Kempner Jr Foundation Inc
Southampton, NY
$4,170,879
John Simon Guggenhein Memorial Foundation
New York, NY
$18,493,825
Samuel I Newhouse Foundation Inc
New York, NY
$16,985,943
Perelman Family Charitable Tr I
Garden City, NY
$9,110,635
Florence Gould Foundation
New York, NY
-$3,240,432
Weill Family Foundation
Albany, NY
$8,335,073
Eastern Bank Charitable Foundation
Lynn, MA
$22,964,256
John R Oishei Foundation
Buffalo, NY
$15,989,814
Altman Foundation
New York, NY
$12,171,056
James And Merryl Tisch Foundation Inc
New York, NY
$20,482,479
Van Beuren Charitable Foundation Inc
New York, NY
$19,913,246
The Thompson Family Foundation Inc
New York, NY
$10,525,175
The Selz Foundation
New York, NY
$28,347,823
John And Mary R Markle Foundation
New York, NY
$13,071,766
Alice M And Thomas J Tisch Foundation Inc
New York, NY
$21,993,699
Russell Sage Foundation
New York, NY
$12,817,899
Unbound Philanthropy
New York, NY
$7,349,099
Rannie Webster Foundation
Rye, NH
$14,821,590
Nick Simons Foundation
New York, NY
$12,723,775
Joyce & Irving Goldman Family Foundation Inc
New York, NY
$15,152,105
Tiger Global Philanthropic Ventures Inc
New York, NY
$15,942,186
Ab Inbev Foundation
New York, NY
$1,055,520
Mertz Gilmore Foundation
New York, NY
$15,000,621

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