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Nonprofit · EIN 22-3331136

WELSH FAMILY FOUNDATION INC

Tax-exempt · VERO BEACH, FL 32960

Financials

$1.5M$2.1M2023$6.1M$2.9M2024$17.9M$4.8M2025
Revenue Expenses · by fiscal year end
Financials of WELSH FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$17,860,322$4,779,677$13,080,645$9,411,453$0$9,411,453
December 31, 2024990-PF$6,121,846$2,851,521$3,270,325$4,857,322$0$4,857,322
December 31, 2023990-PF$1,452,183$2,127,688-$675,505$4,498,754$0$4,498,754
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$9,071,130
Dividends
$312,271
Interest
$10,909
Net gain from sales of assets
$8,465,634
Other income
$378

Expenses

Grants and similar amounts paid
$4,723,950
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,725,700
Excise tax on investment income
$122,138

Balance sheet and other

Total assets, start of year
$4,857,322
Total assets, end of year
$9,411,453
Total liabilities, end of year
$0
Net assets, end of year
$9,411,453
Fair market value of assets
$9,411,453
Qualifying distributions
$4,725,700
Net investment income
$8,788,814

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PATRICK J WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0
ERIC A WELSH
678 COLONIAL AVENUE, PELHAM, NY 10803
TRUSTEE0.5$0
CAROL A WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
PATRICK J WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0
ERIC A WELSH
678 COLONIAL AVENUE, PELHAM, NY 10803
TRUSTEE0.5$0
CAROL A WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PATRICK J WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0
ERIC A WELSH
678 COLONIAL AVENUE, PELHAM, NY 10803
TRUSTEE0.5$0
CAROL A WELSH
5 SEA COURT, VERO BEACH, FL 32963
TRUSTEE0.5$0

Address and contacts

Address (IRS master file)
2770 INDIAN RIVER BLVD, VERO BEACH, FL 32960-4299
In care of
% PATRICK J WELSH
Signed the 990-PF
PATRICK WELSH, TRUSTEE
Phone
(772) 539-0628
Return prepared by
OFFUTT BARTON SCHLITT LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3331136
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,411,453
Income (IRS master file)
$18,404,940

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$17,860,322$4,779,677$9,411,453IRS
990-PFDecember 2024$6,121,846$2,851,521$4,857,322IRS
990-PFDecember 2023$1,452,183$2,127,688$4,498,754XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3331136).

Questions about WELSH FAMILY FOUNDATION INC

What is the EIN of WELSH FAMILY FOUNDATION INC?
The employer identification number (EIN) of WELSH FAMILY FOUNDATION INC is 22-3331136.
Is WELSH FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to WELSH FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WELSH FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WELSH FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WELSH FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of WELSH FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does WELSH FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $17,860,322, expenses of $4,779,677 and total assets of $9,411,453 at year end.

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