Weld Foundation For Scientific And Environmental Development
- Assets
- $2.6m
- Revenue
- $201.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Hudson, MA
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 22-2989001
Organization Overview
Weld Foundation For Scientific And Environmental Development is located in Hudson, MA. The organization was established in 1989. 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 For Scientific And Environmental Development 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 For Scientific And Environmental Development generated $201.0k in total revenue. All expenses for the organization totaled $67.6k during the year ending 12/2021. While expenses have increased by 10.3% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Scahill Private Trustee | 4 | $22,553 | |
James G Anderson Part Time | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Peter Scahill | 12/30/21 | $22,553 |
Merrill Lynch | 12/30/21 | $33,554 |
Hennessey Tax Services | 12/30/21 | $6,400 |
Casner & Edwards Llp | 12/30/21 | $2,247 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,072 |
| Dividends & Interest | $71,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,896 |
| Capital Gain Net Income | $110,896 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,901 |
| Total Revenue | $201,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,553 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,060 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $67,568 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $67,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,766 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $556,333 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,585,419 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
Motulsky-Nacht Family Foundation New York, NY | $171,149,787 | $10,722,392 |
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation Albany, NY | $153,022,620 | $10,234,389 |