WELFARE FOUNDATION INC

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Cite this

Plain text WELFARE FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/welfare-foundation-inc-516015916. Retrieved 2026-11-04.

APA furp.org. (n.d.). WELFARE FOUNDATION INC [Nonprofit organization profile; tax years 2020–2024]. Retrieved November 4, 2026, from https://furp.org/org/welfare-foundation-inc-516015916

MLA “WELFARE FOUNDATION INC.” furp.org, tax years 2020–2024, https://furp.org/org/welfare-foundation-inc-516015916. Accessed 4 Nov. 2026.

Retrieved 2026-11-04; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990PF · revenue $27.7M · expenses $7.0M · assets $106.7M

EIN
51-6015916
Address
100 W 10TH ST STE 1109, WILMINGTON, DE 19801-1653
Website
WWW.WELFAREFOUNDATIONDE.ORG
NTEE code
-
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
April 1947 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Christopher Grundner PRESIDENT/ASST SECRETARY/T2020-2024 $297,873$1,389,623 4

Officers and directors, no compensation reported

11 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Robert H Bolling Iii TRUSTEE2020-2024 1 $0 reported 1
William L Kitchel Iii TREASURER/TRUSTEE2020-2024 1 $0 reported 1
E Bradford Dupont Jr CHAIRMAN/TRUSTEE2020-2024 1 $0 reported 1
Leatrice D Elliman SECRETARY/TRUSTEE2020-2024 1 $0 reported 1
Avery Stabler TRUSTEE2024 1 $0 reported 1
W Laird Stabler VICE PRESIDENT/TRUSTEE2020-2024 1 $0 reported 1
Margaret L Laird TRUSTEE2020-2024 1 $0 reported 1
R Huntington Bolling TRUSTEE2021-2024 1 $0 reported 1
D Trowbridge Elliman TRUSTEE2021-2024 1 $0 reported 1
Brent W Dupont TRUSTEE2023-2024 1 $0 reported 1
Avery Stabler Travis (former) TRUSTEE2020-2023 1 $0 reported 1

People by year

2024 · 11 people listed · 1 paid, $298K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHRISTOPHER GRUNDNER PRESIDENT/ASST SECRETARY/T40 $237,349-$60,524 $297,8734
ROBERT H BOLLING III TRUSTEE1 $0-$0 $01
WILLIAM L KITCHEL III TREASURER/TRUSTEE1 $0-$0 $01
E BRADFORD DUPONT JR CHAIRMAN/TRUSTEE1 $0-$0 $01
LEATRICE D ELLIMAN SECRETARY/TRUSTEE1 $0-$0 $01
AVERY STABLER TRUSTEE1 $0-$0 $01
W LAIRD STABLER VICE PRESIDENT/TRUSTEE1 $0-$0 $01
MARGARET L LAIRD TRUSTEE1 $0-$0 $01
R HUNTINGTON BOLLING TRUSTEE1 $0-$0 $01
D TROWBRIDGE ELLIMAN TRUSTEE1 $0-$0 $01
BRENT W DUPONT TRUSTEE1 $0-$0 $01
2023 · 11 people listed · 1 paid, $285K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHRISTOPHER GRUNDNER PRESIDENT/ASST SECRETARY/T40 $228,489-$56,500 $284,9894
ROBERT H BOLLING III TRUSTEE1 $0-$0 $01
WILLIAM L KITCHEL III TREASURER/TRUSTEE1 $0-$0 $01
E BRADFORD DUPONT JR CHAIRMAN/TRUSTEE1 $0-$0 $01
LEATRICE D ELLIMAN SECRETARY/TRUSTEE1 $0-$0 $01
AVERY STABLER TRAVIS TRUSTEE1 $0-$0 $01
W LAIRD STABLER VICE PRESIDENT/TRUSTEE1 $0-$0 $01
MARGARET L LAIRD TRUSTEE1 $0-$0 $01
R HUNTINGTON BOLLING TRUSTEE1 $0-$0 $01
D TROWBRIDGE ELLIMAN TRUSTEE1 $0-$0 $01
BRENT W DUPONT TRUSTEE1 $0-$0 $01
2022 · 10 people listed · 1 paid, $278K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHRISTOPHER GRUNDNER PRESIDENT/ASST SECRETARY/T40 $228,489-$49,861 $278,3504
ROBERT H BOLLING III TRUSTEE1 $0-$0 $01
WILLIAM L KITCHEL III TREASURER/TRUSTEE1 $0-$0 $01
E BRADFORD DUPONT JR CHAIRMAN/TRUSTEE1 $0-$0 $01
LEATRICE D ELLIMAN SECRETARY/TRUSTEE1 $0-$0 $01
AVERY STABLER TRAVIS TRUSTEE1 $0-$0 $01
W LAIRD STABLER VICE PRESIDENT/TRUSTEE1 $0-$0 $01
MARGARET L LAIRD TRUSTEE1 $0-$0 $01
R HUNTINGTON BOLLING TRUSTEE0 $0-$0 $01
D TROWBRIDGE ELLIMAN TRUSTEE0 $0-$0 $01
2021 · 10 people listed · 1 paid, $257K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHRISTOPHER GRUNDNER PRESIDENT/ASST SECRETARY/T40 $222,038-$35,334 $257,3724
ROBERT H BOLLING III TRUSTEE1 $0-$0 $01
WILLIAM L KITCHEL III TREASURER/TRUSTEE1 $0-$0 $01
E BRADFORD DUPONT JR CHAIRMAN/TRUSTEE1 $0-$0 $01
LEATRICE D ELLIMAN SECRETARY/TRUSTEE1 $0-$0 $01
AVERY STABLER TRAVIS TRUSTEE1 $0-$0 $01
W LAIRD STABLER VICE PRESIDENT/TRUSTEE1 $0-$0 $01
MARGARET L LAIRD TRUSTEE1 $0-$0 $01
R HUNTINGTON BOLLING TRUSTEE0 $0-$0 $01
D TROWBRIDGE ELLIMAN TRUSTEE0 $0-$0 $01
2020 · 8 people listed · 1 paid, $271K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
CHRISTOPHER GRUNDNER PRESIDENT/ASST SECRETARY/T40 $222,072-$48,967 $271,0394
ROBERT H BOLLING III TRUSTEE1 $0-$0 $01
WILLIAM L KITCHEL III TREASURER/TRUSTEE1 $0-$0 $01
E BRADFORD DUPONT JR CHAIRMAN/TRUSTEE1 $0-$0 $01
LEATRICE D ELLIMAN SECRETARY/TRUSTEE1 $0-$0 $01
AVERY STABLER TRAVIS TRUSTEE1 $0-$0 $01
W LAIRD STABLER VICE PRESIDENT/TRUSTEE1 $0-$0 $01
MARGARET L LAIRD TRUSTEE1 $0-$0 $01

Highest-paid independent contractors

2024 · 2 contractors · $296K
NameLocationServicePaid
STRATEGIC INVESTMENT GROUPARLINGTON, VAINVESTMENT ADVICE$196,100
MONTICELLO ASSOCIATESCLEVELAND, OHINVESTMENT ADVICE$100,000
2023 · 2 contractors · $277K
NameLocationServicePaid
MONTICELLO ASSOCIATESCLEVELAND, OHINVESTMENT ADVICE$200,000
WELLINGTON MANAGEMENT COMPANY LLPBOSTON, MAINVESTMENT ADVICE$77,482
2022 · 2 contractors · $241K
NameLocationServicePaid
MONTICELLO ASSOCIATESCLEVELAND, OHINVESTMENT ADVICE$175,000
WELLINGTON MANAGEMENT COMPANY LLPBOSTON, MAINVESTMENT ADVICE$66,371
2021 · 2 contractors · $219K
NameLocationServicePaid
MONTICELLO ASSOCIATESCLEVELAND, OHINVESTMENT ADVICE$125,000
WELLINGTON MANAGEMENT COMPANY LLPBOSTON, MAINVESTMENT ADVICE$94,417
2020 · 2 contractors · $181K
NameLocationServicePaid
MONTICELLO ASSOCIATESCLEVELAND, OHINVESTMENT ADVICE$125,000
WELLINGTON MANAGEMENT COMPANY LLPBOSTON, MAINVESTMENT ADVICE$56,483

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 69 grants to organizations · $4.7M

Listed grants add up to $4,679,375; the return's “grants paid” expense line says $5,774,375. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2023 · 71 grants to organizations · $5.5M

Listed grants add up to $5,472,119; the return's “grants paid” expense line says $4,602,119. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2022 · 58 grants to organizations · $5.4M

Listed grants add up to $5,352,890; the return's “grants paid” expense line says $4,767,890. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2021 · 70 grants to organizations · $5.1M

Listed grants add up to $5,066,226; the return's “grants paid” expense line says $5,761,226. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2020 · 0 grants to organizations · $0 · 1 summary line · $4.0M

This return lists 1 summary line (program totals pointing to a separate statement) instead of each grant. The itemized list was filed as an attachment that isn't in the IRS's public e-file data, so the recipients can't be shown.

Listed grants add up to $3,985,892; the return's “grants paid” expense line says $4,585,892. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2023 · 1 contributor · $21K
#ContributorTypeCity, stateTotalNoncashSource
1 DELAWARE COMMUNITY FOUNDATION Fuzzy 1.00 Organization or other WILMINGTON, DE $21,302- Form 990PF Sch. B, 2023 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$27,707,404$6,982,234 $106,741,777$104,653,798 -- $237,349--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$4,894,053$5,995,775 $79,032,992$78,160,674 $21,302- $228,489--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$4,121,970$5,778,580 $81,115,330$79,574,807 -- $228,489--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$6,831,685$6,959,881 $84,851,268$82,289,837 -- $222,038--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$10,088,384$5,783,535 $87,156,225$85,350,621 -- $222,072--

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

1 grantor reported grants to this organization, $15,000 in all, tax years 2024 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
RETHINK FOOD NYC INC Public charity Exact 2024 1$15,000 2024$15,000
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
WAWA FOUNDATION INCPAP20 $20,326,791$18,009,926 PRESIDENT$0 Similar name, revenue within 2x
TURKEN FOUNDATION INCNYB82 $19,767,826$3,195,433 CHAIRMAN$0 Similar name, revenue within 2x
KIMMY FOUNDATION INCVAT22 $8,191,955$874,608 PRESIDENT$0 Similar name, revenue within 5x
WHITE OAK FOUNDATION INCINB82 $10,467,693$3,371,099 Director$0 Similar name, revenue within 5x
PPC FOUNDATION INCWINot reported $4,387,021$15,369 President & Director$0 Similar name, revenue within 10x
AFIA FOUNDATION INCNYE11 $3,427,007$7,749,559 PRESIDENT & CEO - PAID BY WFR$444,386 Similar name, revenue within 10x
EVJUE FOUNDATION INCWINot reported $3,272,936$2,534,905 DIRECTOR$304,148 Similar name, revenue within 10x
RIBON FOUNDATION INCDET30 $58,516$38,845 PRESIDENT$0 Similar name, revenue differs more than 10x, same state
AWLJ FOUNDATION INCDET22 $33,536$58,649 Dir, VP$0 Similar name, revenue differs more than 10x, same state
REDY FOUNDATION INCDEB11 $4,458$15,138 Officer$0 Similar name, revenue differs more than 10x, same state
WEPRIN FAMILY FOUNDATION INCDET20 $33,185$15,628 Pres, Dir, Sec$0 Similar name, revenue differs more than 10x, same state
PATH WELFARE FOUNDATION INCGAW99 $23,457$5,050 DIRECTOR$0 Similar name, revenue differs more than 10x
WE CARE FOUNDATION INCFLT22 $88,850$87,750 PRESIDENT$0 Similar name, revenue differs more than 10x
WCRE FOUNDATION INCNJP20 $68,079$67,873 PRESIDENT$0 Similar name, revenue differs more than 10x
NANGIAL WELFARE FOUNDATIONTXK31 $7,082- Director$0 Similar name, revenue differs more than 10x
VOCARE FOUNDATION INCVAP20 $90,360$30,763 PRESIDENT$0 Similar name, revenue differs more than 10x
FN FOUNDATION INCNYP20 $788,768$1,021,284 President$0 Similar name, revenue differs more than 10x
WELLFLEET FOUNDATION INCNYNot reported $4,668$114,159 DIRECTOR$0 Similar name, revenue differs more than 10x
GIVE WELL FOUNDATION INCCOT99 $3,354$3,335 President$0 Similar name, revenue differs more than 10x
K FOUNDATION INCGAN66 $995- PRESIDENT$0 Similar name, revenue differs more than 10x
KORE FOUNDATION INCTNQ33 $1,346,897$1,162,456 CEO$0 Similar name, revenue differs more than 10x
WAMU FOUNDATION INCGAP20 $11,000$0 President$0 Similar name, revenue differs more than 10x
WEBSTER FOUNDATION INCWIB82 $103,211$100,254 PRESIDENT$0 Similar name, revenue differs more than 10x
BP FOUNDATION INCFLNot reported $1,452$31,496 PRESIDENT/TREASURER/DIRECTOR$0 Similar name, revenue differs more than 10x
JT FOUNDATION INCTXT20 $605$605 CEO, CFO, PRESIDENT, TREAS$0 Similar name, revenue differs more than 10x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
W K KELLOGG FOUNDATION Private foundation$5,335,90610 12011–2024 KORE FOUNDATION INC
THE LUZERNE FOUNDATION DAF sponsor$3,904,0006 12011–2016 KORE FOUNDATION INC
PAYPAL CHARITABLE GIVING FUND DAF sponsor$2,721,6518 22019–2024 FN FOUNDATION INC; MYLO FOUNDATION INC
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor$2,392,76510 22012–2024 KORE FOUNDATION INC; CEO FOUNDATION INC
FORGOOD INC DAF sponsor$785,50520 32011–2024 KORE FOUNDATION INC; SAVE FOUNDATION INC; GBM FOUNDATION INC
THE DALLAS FOUNDATION DAF sponsor$600,0002 12019–2020 IBIS FOUNDATION INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$334,80014 92017–2024 ONITSHA YOUTH WELFARE FOUNDATION USA INC; BLK FOUNDATION INC; NU3 FOUNDATION INC; KORE FOUNDATION INC and 5 more
ZAHN FOUNDATION Private foundation$305,8313 12014–2015 ZAHN FOUNDATION INC
THE MIAMI FOUNDATION INC DAF sponsor$187,67610 12014–2025 SAVE FOUNDATION INC
OUR FUND INC DAF sponsor$127,3666 12014–2024 SAVE FOUNDATION INC
FRANK FAMILY FOUNDATION INC Private foundation$120,0002 12017–2018 GIVE WELL FOUNDATION INC
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$105,2976 32022–2025 KC7 FOUNDATION INC; WAKIYA FOUNDATION INC; SAVE FOUNDATION INC
DONOR ADVISED CHARITABLE GIVING DAF sponsor$75,0004 42020–2024 VOCARE FOUNDATION INC; CRJ FOUNDATION INC; BLK FOUNDATION INC; MARES FOUNDATION INC
VANGUARD CHARITABLE ENDOWMENT PROGRAM DAF sponsor$70,0003 12021–2024 KORE FOUNDATION INC
UNITED WAY MIAMI INC DAF sponsor$57,8016 12010–2023 SAVE FOUNDATION INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $6,982,234 spent · pay $412,419 · grants $5,774,375 · events $6,643
LineAs describedTotalShare
Contributions, gifts, grants paid $5,774,375 82.7%
Fees: other professional $480,924 6.9%
Pay: officers, directors, trustees $237,349 3.4%
Taxes $163,474 2.3%
Pension plans and employee benefits $97,312 1.4%
Other expenses $92,063 1.3%
Other salaries and wages $77,758 1.1%
Fees: accounting $21,800 0.3%
Fees: legal $15,284 0.2%
Occupancy $9,428 0.1%
Travel, conferences and meetings $6,643 0.1%
Depreciation and depletion $5,824 0.1%
Total$6,982,234100%

View the filing

2023 · Form 990PF · $5,995,775 spent · pay $396,608 · grants $4,602,119 · events $5,933
LineAs describedTotalShare
Contributions, gifts, grants paid $4,602,119 76.8%
Fees: other professional $486,990 8.1%
Taxes $364,317 6.1%
Pay: officers, directors, trustees $228,489 3.8%
Pension plans and employee benefits $93,159 1.6%
Other expenses $78,006 1.3%
Other salaries and wages $74,960 1.3%
Fees: legal $20,423 0.3%
Fees: accounting $20,325 0.3%
Occupancy $15,250 0.3%
Travel, conferences and meetings $5,933 0.1%
Depreciation and depletion $5,804 0.1%
Total$5,995,775100%

View the filing

2022 · Form 990PF · $5,778,580 spent · pay $401,614 · grants $4,767,890 · events $5,117
LineAs describedTotalShare
Contributions, gifts, grants paid $4,767,890 82.5%
Fees: other professional $396,822 6.9%
Pay: officers, directors, trustees $228,489 4.0%
Pension plans and employee benefits $98,165 1.7%
Other expenses $76,493 1.3%
Other salaries and wages $74,960 1.3%
Taxes $47,905 0.8%
Fees: legal $43,937 0.8%
Fees: accounting $20,100 0.3%
Occupancy $12,200 0.2%
Depreciation and depletion $6,502 0.1%
Travel, conferences and meetings $5,117 0.1%
Total$5,778,580100%

View the filing

2021 · Form 990PF · $6,959,881 spent · pay $380,868 · grants $5,761,226 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $5,761,226 82.8%
Fees: other professional $413,256 5.9%
Taxes $283,502 4.1%
Pay: officers, directors, trustees $222,038 3.2%
Pension plans and employee benefits $87,830 1.3%
Other expenses $82,109 1.2%
Other salaries and wages $71,000 1.0%
Fees: accounting $18,900 0.3%
Occupancy $12,200 0.2%
Depreciation and depletion $6,880 0.1%
Fees: legal $940 0.0%
Total$6,959,881100%

View the filing

2020 · Form 990PF · $5,783,535 spent · pay $361,312 · grants $4,585,892 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $4,585,892 79.3%
Taxes $463,003 8.0%
Fees: other professional $275,405 4.8%
Pay: officers, directors, trustees $222,072 3.8%
Pension plans and employee benefits $80,883 1.4%
Other salaries and wages $58,357 1.0%
Other expenses $56,243 1.0%
Fees: accounting $20,655 0.4%
Occupancy $12,200 0.2%
Fees: legal $5,797 0.1%
Depreciation and depletion $3,028 0.1%
Total$5,783,535100%

View the filing

State business registration

The same business name in the same state, from the state’s official registry data.

Also on this site Fuzzy

RecordName as filedWhereDatasetMatched by
Plan sponsorWELFARE FOUNDATION, INC.DEForm 5500 (employee benefit plans)EIN (EXACT)

Matched by name (and state) or EIN only; a shared name is not proof of the same person or organization.

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