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Nonprofit · EIN 22-3504396

JAMES & VIRGINIA WELCH FOUNDATION

Tax-exempt · PARSIPPANY, NJ 07054

Financials

$66K$330K2023$240K$324K2024$325K$497K2025
Revenue Expenses · by fiscal year end
Financials of JAMES & VIRGINIA WELCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$324,531$496,689-$172,158$3,061,649$0$3,061,649
December 31, 2024990-PF$240,482$324,173-$83,691$3,233,807$0$3,233,807
December 31, 2023990-PF$65,695$330,011-$264,316$3,317,498$0$3,317,498
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$91,371
Interest
$14
Net gain from sales of assets
$233,146

Expenses

Grants and similar amounts paid
$445,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$448,250
Excise tax on investment income
$3,908

Balance sheet and other

Total assets, start of year
$3,233,807
Total assets, end of year
$3,061,649
Total liabilities, end of year
$0
Net assets, end of year
$3,061,649
Fair market value of assets
$8,002,176
Qualifying distributions
$448,250
Net investment income
$324,531

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
VIRGINIA B WELCH
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
PRESIDENT1$0
ROBERT WONG
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
VICE PRESIDENT5$0
CHRISTINE KRENTZ
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
SECRETARY AND TREASURER1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
VIRGINIA B WELCH
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
PRESIDENT1$0
ROBERT WONG
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
VICE PRESIDENT5$0
CHRISTINE KRENTZ
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
SECRETARY AND TREASURER1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
VIRGINIA B WELCH
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
PRESIDENT1$0
ROBERT WONG
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
VICE PRESIDENT5$0
CHRISTINE KRENTZ
MCCABE HEIDRICH WONG 4 GATEHALL DR, PARSIPPANY, NJ 07054
SECRETARY AND TREASURER1$0

Address and contacts

Address (IRS master file)
4 GATEHALL DR MCCABE HEIDRICH WONG, PARSIPPANY, NJ 07054-4518
In care of
% MCCABE HEIDRICH & WONG PC
Signed the 990-PF
ROBERT WONG, VICE PRESIDENT
Phone
(973) 605-1040
Return prepared by
MCCABE HEIDRICH & WONG PC

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
22-3504396
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,061,649
Income (IRS master file)
$751,598

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$324,531$496,689$3,061,649IRS
990-PFDecember 2024$240,482$324,173$3,233,807IRS
990-PFDecember 2023$65,695$330,011$3,317,498XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––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 22-3504396).

Questions about JAMES & VIRGINIA WELCH FOUNDATION

What is the EIN of JAMES & VIRGINIA WELCH FOUNDATION?
The employer identification number (EIN) of JAMES & VIRGINIA WELCH FOUNDATION is 22-3504396.
Is JAMES & VIRGINIA WELCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to JAMES & VIRGINIA WELCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JAMES & VIRGINIA WELCH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JAMES & VIRGINIA WELCH FOUNDATION 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 JAMES & VIRGINIA WELCH FOUNDATION 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 JAMES & VIRGINIA WELCH FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does JAMES & VIRGINIA WELCH FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $324,531, expenses of $496,689 and total assets of $3,061,649 at year end.

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