Welz Family Childrens Foundation

Organization Overview

Welz Family Childrens Foundation is located in Grass Valley, CA. The organization was established in 2001. 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. Welz Family Childrens 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, Welz Family Childrens Foundation generated $53.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $65.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Welz Family Childrens Foundation has awarded 87 individual grants totaling $185,141. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE LOW COST OFFICE SPACE TO NON PROFIT ORGANIZATIONS SERVING CHILDREN.


OBTAIN RENT FROM PROFIT TENNANTS TO GENERATE INCOME FOR DISTRIBUTION TO CHILDRENS CHARITIES.


REDUCED RENT TO NON PROFITS OF NEVADA COUNTY


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $345
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $63
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $53,436
Total Revenue $53,781

Grants Awarded

Over the last fiscal year, Welz Family Childrens Foundation has awarded $19,085 in support to 6 organizations.

Grant RecipientAmount

SIERRA HARVEST

PURPOSE: OUTSIDE KITCHEN, WATER TANK, EXPANDING CROPS

$6,500

YUBA RIVER CHARTER SCHOOL

PURPOSE: SUPPORT NEW CHARTER SCHOOL

$5,800

BRIGHT FUTURES

PURPOSE: SPONSOR BOWL FOR KIDS SAKE & PALS PROGRAM

$5,000

SIERRA NEVADA MEMORIAL HOSPITAL

PURPOSE: BOOKS FOR YOUNG READERS & WICU PROGRAM

$1,000

KARE

PURPOSE: PROGRAM EXPANSION FOR YOUNG PEOPLE

$535

CHICAGO PARK 4-H

PURPOSE: SPONSOR RESOLVE TO RUN HEALTHY LIFESTYLE WALK/RUN

$250
View Grant Profile

Peer Organizations

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