Nonprofit · EIN 76-0343128
ROBERT A WELCH FOUNDATION 062491
Tax-exempt · HOUSTON, TX 77027
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $52,712,190 | $41,889,702 | $10,822,488 | $622,661,472 | $35,741,665 | $586,919,807 |
| August 31, 2024 | 990-PF | $36,837,109 | $64,302,362 | -$27,465,253 | $618,985,573 | $44,165,699 | $574,819,874 |
| August 31, 2023 | 990-PF | $47,618,127 | $68,810,256 | -$21,192,129 | $631,106,968 | $28,664,396 | $602,442,572 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Dividends
- $7,547,879
- Interest
- $1,398,255
- Net rental income
- -$574,196
- Net gain from sales of assets
- $39,795,028
- Other income
- $3,662,937
Expenses
- Grants and similar amounts paid
- $30,986,748
- Compensation of officers, directors and key employees
- $1,283,193
- Salaries, compensation and benefits (total)
- $1,035,788
- Disbursements for charitable purposes
- $43,051,923
- Excise tax on investment income
- $691,821
Balance sheet and other
- Total assets, start of year
- $618,985,573
- Total assets, end of year
- $622,661,472
- Total liabilities, end of year
- $35,741,665
- Net assets, end of year
- $586,919,807
- Fair market value of assets
- $927,658,048
- Qualifying distributions
- $43,051,923
- Net investment income
- $53,929,717
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM KUSPA 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | PRESIDENT | 40 | $815,231 | $93,760 |
| CARLA ATMAR 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | GRANT DIRECTOR Highest-paid employee | 40 | $310,666 | $71,359 |
| LOAN KIEU 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | CHIEF FINANCIAL OFFICER | 40 | $277,962 | $77,142 |
| KRISTEN RODEN 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | ASST. GRANT DIRECTOR Highest-paid employee | 40 | $170,297 | $52,825 |
| COLETTE BLEASDALE 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $108,587 | $61,269 |
| JAYA RYAN 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | SENIOR ACCOUNTANT Highest-paid employee | 40 | $107,298 | $27,740 |
| NICOLE HENDERSON 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | SENIOR ACCOUNTANT Highest-paid employee | 40 | $105,762 | $35,298 |
| FRED W BRAZELTON 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | CHAIR AND DIRECTOR | 4 | $50,000 | $0 |
| CARIN M BARTH 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | TREASURER AND DIRECTOR | 2 | $35,000 | $0 |
| CAROLYN C SABAT 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | SECRETARY AND DIRECTOR | 2 | $35,000 | $0 |
| DOUGLAS L FOSHEE 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | DIRECTOR | 2 | $35,000 | $0 |
| GINA A LUNA 1717 WEST LOOP SOUTH SUITE 1661, HOUSTON, TX 77027 | VICE CHAIR AND DIRECTOR | 2 | $35,000 | $0 |
990-PF for the year ended August 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Kuspa 1717 West Loop South Suite 1661, Houston, TX 77027 | President | 40 | $775,231 | $91,923 |
| Carla Atmar 1717 West Loop South Suite 1661, Houston, TX 77027 | Grant Director Highest-paid employee | 40 | $281,627 | $67,559 |
| Loan Kieu 1717 West Loop South Suite 1661, Houston, TX 77027 | Chief Financial Officer | 40 | $214,496 | $65,463 |
| Ronald Page 1717 West Loop South Suite 1661, Houston, TX 77027 | Ex-Chief Financial Officer | 40 | $165,450 | $28,510 |
| Kristen Roden 1717 West Loop South Suite 1661, Houston, TX 77027 | Ass. Grant Director Highest-paid employee | 40 | $137,403 | $42,407 |
| Carolyn Kahlich 1717 West Loop South Suite 1661, Houston, TX 77027 | Senior Accountant Highest-paid employee | 40 | $133,703 | $45,163 |
| Sherry White 1717 West Loop South Suite 1661, Houston, TX 77027 | Senior Accountant Highest-paid employee | 40 | $120,913 | $59,024 |
| Colette Bleasdale 1717 West Loop South Suite 1661, Houston, TX 77027 | Executive Assistant Highest-paid employee | 40 | $108,801 | $59,062 |
| Fred W Brazelton 1717 West Loop South Suite 1661, Houston, TX 77027 | Chair and Director | 4 | $50,000 | $0 |
| Carin M Barth 1717 West Loop South Suite 1661, Houston, TX 77027 | Treasurer and Director | 2 | $35,000 | $0 |
| Douglas L Foshee 1717 West Loop South Suite 1661, Houston, TX 77027 | Director | 2 | $35,000 | $0 |
| Gina A Luna 1717 West Loop South Suite 1661, Houston, TX 77027 | Vice Chair and Director | 2 | $35,000 | $0 |
| William F McKeon 1717 West Loop South Suite 1661, Houston, TX 77027 | Director | 2 | $14,583 | $0 |
| Carolyn C Sabat 1717 West Loop South Suite 1661, Houston, TX 77027 | Secretary and Director | 2 | $11,667 | $0 |
990-PF for the year ended August 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Kuspa 1717 West Loop South Suite 1661, Houston, TX 77027 | President | 40 | $736,617 | $86,616 |
| Ronald Page 1717 West Loop South Suite 1661, Houston, TX 77027 | Chief Financial Officer | 40 | $338,807 | $86,016 |
| Carla Atmar 1717 West Loop South Suite 1661, Houston, TX 77027 | Grant Director Highest-paid employee | 40 | $216,010 | $56,649 |
| Loan Kieu 1717 West Loop South Suite 1661, Houston, TX 77027 | Assistant Controller Highest-paid employee | 40 | $156,670 | $54,559 |
| Carolyn Kahlich 1717 West Loop South Suite 1661, Houston, TX 77027 | Senior Accountant Highest-paid employee | 40 | $127,615 | $43,151 |
| Sherry White 1717 West Loop South Suite 1661, Houston, TX 77027 | Senior Accountant Highest-paid employee | 40 | $113,216 | $67,550 |
| Colette Bleasdale 1717 West Loop South Suite 1661, Houston, TX 77027 | Executive Assistant Highest-paid employee | 40 | $94,328 | $54,905 |
| Douglas L Foshee 1717 West Loop South Suite 1661, Houston, TX 77027 | Chair and Director | 4 | $50,000 | $0 |
| Carin M Barth 1717 West Loop South Suite 1661, Houston, TX 77027 | Director | 2 | $35,000 | $0 |
| Fred W Brazelton 1717 West Loop South Suite 1661, Houston, TX 77027 | Vice Chair and Director | 2 | $35,000 | $0 |
| Gina A Luna 1717 West Loop South Suite 1661, Houston, TX 77027 | Secretary and Director | 2 | $35,000 | $0 |
| William F McKeon 1717 West Loop South Suite 1661, Houston, TX 77027 | Treasurer and Director | 2 | $35,000 | $0 |
Address and contacts
- Address (IRS master file)
- 1717 WEST LOOP SOUTH SUITE 166, HOUSTON, TX 77027-3048
- Signed the 990-PF
- ADAM KUSPA, PRESIDENT
- Phone
- (713) 961-9884
- Website
- WELCH1.ORG
- Return prepared by
- GRANT THORNTON ADVISORS 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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 76-0343128
- 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
- 1991
- Accounting year ends
- August
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $622,661,472
- Income (IRS master file)
- $104,155,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $52,712,190 | $41,889,702 | $622,661,472 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990-PF | August 2024 | $36,837,109 | $64,302,362 | $618,985,573 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990-PF | August 2023 | $47,618,127 | $68,810,256 | $631,106,968 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990-PF | August 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 76-0343128).
Questions about ROBERT A WELCH FOUNDATION 062491
- What is the EIN of ROBERT A WELCH FOUNDATION 062491?
- The employer identification number (EIN) of ROBERT A WELCH FOUNDATION 062491 is 76-0343128.
- Is ROBERT A WELCH FOUNDATION 062491 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to ROBERT A WELCH FOUNDATION 062491 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROBERT A WELCH FOUNDATION 062491 file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROBERT A WELCH FOUNDATION 062491 due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROBERT A WELCH FOUNDATION 062491 last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of ROBERT A WELCH FOUNDATION 062491?
- The 990-PF for the year ended August 31, 2025 lists 12 people; 12 received compensation from the organization, the highest $815,231 (ADAM KUSPA, PRESIDENT).
- How much revenue does ROBERT A WELCH FOUNDATION 062491 have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $52,712,190, expenses of $41,889,702 and total assets of $622,661,472 at year end.
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