Nonprofit · EIN 34-1908053
WELTY FAMILY FOUNDATION
Tax-exempt · AKRON, OH 44333
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $947,191 | $586,395 | $360,796 | $10,062,936 | $0 | $10,062,936 |
| December 31, 2024 | 990-PF | $1,044,899 | $521,437 | $523,462 | $9,437,512 | $0 | $9,437,512 |
| December 31, 2023 | 990-PF | $176,806 | $464,183 | -$287,377 | $8,453,060 | $0 | $8,453,060 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $248,737
- Interest
- $29,682
- Net gain from sales of assets
- $668,772
Expenses
- Grants and similar amounts paid
- $515,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $519,000
- Excise tax on investment income
- $12,387
Balance sheet and other
- Total assets, start of year
- $9,437,512
- Total assets, end of year
- $10,062,936
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,062,936
- Fair market value of assets
- $10,062,936
- Qualifying distributions
- $519,000
- Net investment income
- $947,191
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY H WELTY 276 LAKE POINTE DR, AKRON, OH 44333 | PRESIDENT | 0 | $0 |
| EMILY C WELTY 3546 THISTLE COURT, RICHFIELD, OH 44286 | VICE PRESIDENT | 0 | $0 |
| RICHARD C FEDOROVICH 3421 RIDGEWOOD ROAD, AKRON, OH 44333 | TREASURER | 0 | $0 |
| RONALD S KOPP 2444 LANCASTER RD, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
| MONICA WELTY BROWN 164 MOUNTAIN VIEW DR APT B, HOMER, AK 99603 | TRUSTEE | 0 | $0 |
| CHAD C WELTY 1689 TANGLEWOOD DR, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY H WELTY 276 LAKE POINTE DR, AKRON, OH 44333 | PRESIDENT | 0 | $0 |
| EMILY C WELTY 3546 THISTLE COURT, RICHFIELD, OH 44286 | VICE PRESIDENT | 0 | $0 |
| RICHARD C FEDOROVICH 3421 RIDGEWOOD ROAD, AKRON, OH 44333 | TREASURER | 0 | $0 |
| RONALD S KOPP 2444 LANCASTER RD, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
| MONICA WELTY BROWN 164 MOUNTAIN VIEW DR APT B, HOMER, AK 99603 | TRUSTEE | 0 | $0 |
| CHAD C WELTY 1689 TANGLEWOOD DR, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRY H WELTY 276 LAKE POINTE DR, AKRON, OH 44333 | PRESIDENT | 0 | $0 |
| EMILY C WELTY 3546 THISTLE COURT, RICHFIELD, OH 44286 | VICE PRESIDENT | 0 | $0 |
| RICHARD C FEDOROVICH 3421 RIDGEWOOD ROAD, AKRON, OH 44333 | TREASURER | 0 | $0 |
| RONALD S KOPP 2444 LANCASTER RD, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
| MONICA WELTY BROWN 164 MOUNTAIN VIEW DR APT B, HOMER, AK 99603 | TRUSTEE | 0 | $0 |
| CHAD C WELTY 1689 TANGLEWOOD DR, AKRON, OH 44313 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 276 LAKE POINTE DR, AKRON, OH 44333-1797
- In care of
- % BROUSE MCDOWELL
- Signed the 990-PF
- JERRY WELTY, PRESIDENT
- Phone
- (330) 535-5711
- Return prepared by
- BOBER MARKEY FEDOROVICH & COMPANY
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 34-1908053
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $10,062,936
- Income (IRS master file)
- $2,861,314
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $947,191 | $586,395 | $10,062,936 | IRS |
| 990-PF | December 2024 | $1,044,899 | $521,437 | $9,437,512 | XML |
| 990-PF | December 2023 | $176,806 | $464,183 | $8,453,060 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 34-1908053).
Questions about WELTY FAMILY FOUNDATION
- What is the EIN of WELTY FAMILY FOUNDATION?
- The employer identification number (EIN) of WELTY FAMILY FOUNDATION is 34-1908053.
- Is WELTY FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to WELTY FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WELTY FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WELTY FAMILY 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 WELTY FAMILY 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 WELTY FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does WELTY FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $947,191, expenses of $586,395 and total assets of $10,062,936 at year end.
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