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Nonprofiteer
← WELFARE FOUNDATION INC

Form 990-PF for tax year 2023

Filed by WELFARE FOUNDATION INC.

Totals

Total revenue
$4,894,053
Total expenses
$5,995,775
Contributions and grants received
$21,302
Contributions, gifts and grants paid
$4,602,119
Fair market value of assets, end of year
$109,227,609

Listed in Part VIII

  • Robert H Bolling III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • William L Kitchel III

    TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • E Bradford Dupont Jr

    CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Leatrice D Elliman

    SECRETARY/TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Avery Stabler Travis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • W Laird Stabler

    VICE PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher Grundner

    PRESIDENT/ASST SECRETARY/T

    Total calculated
    $284,989
    Compensation
    $228,489
    Benefit plans
    $53,997
    Expense account
    $2,503
    Hours/week
    40
  • Margaret L Laird

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • R Huntington Bolling

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • D Trowbridge Elliman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Brent W Dupont

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$5,472,119
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$5,472,119
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • FAME INC

    $300,000

    WILMINGTON, DE

    GRANT

  • DELAWARE STATE UNIVERSITY FOUNDATION

    $250,000

    DOVER, DE

    GRANT

  • BE READY COMMUNITY DEVELOPMENT CORPORATION

    $200,000

    WILMINGTON, DE

    GRANT

  • DELAWARE TECHNICAL & COMMUNITY COLLEGE

    $200,000

    WILMINGTON, DE

    GRANT

  • EXCEPTIONAL CARE FOR CHILDREN INC

    $200,000

    NEWARK, DE

    GRANT

  • TODMORDEN FOUNDATION

    $200,000

    WILMINGTON, DE

    GRANT

  • CHEER INC

    $150,000

    GEORGETOWN, DE

    GRANT

  • FREIRE FOUNDATION

    $150,000

    PHILADELPHIA, PA

    GRANT

  • JOSHUA M FREEMAN FOUNDATION

    $150,000

    SELBYVILLE, DE

    GRANT

  • LIMEN RECOVERY WELLNESS

    $150,000

    WILMINGTON, DE

    GRANT

The 10 largest to organizations. The API serves every grant row.

Provenance

Return type
form_990_pf
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202403179349100705

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.