Private Foundation

JAMES & VIRGINIA WELCH FOUNDATION

JAMES & VIRGINIA WELCH FOUNDATION, of PARSIPPANY, NJ, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $325K in revenue, $497K in expenses, $3.1M in total assets. IRS filings disclose 476 grants awarded by this foundation, totaling roughly $2.1M.

EIN: 223504396 PARSIPPANY, NJ Latest filing: 2025
Total Revenue$325K
Total Expenses$497K
Total Assets$3.1M
Grants Given476
Grant Total$2.1M
Filing Years2021–2025

Sample Grants Given

UNITED STATES SOCCER FOUNDATION
WASHINGTON, DC · 2025
UNRESTRICTED
$125,000
CHRISTOPHER & DANA REEVE FOUNDATION
SHORT HILLS, NJ · 2025
UNRESTRICTED
$50,000
NEW JERSEY CONSERVATION FOUNDATION
FAR HILLS, NJ · 2025
UNRESTRICTED
$25,000
METROPOLITAN MUSEUM OF ART
NEW YORK, NY · 2025
UNRESTRICTED
$25,000
MUSEUM OF FINE ARTS
BOSTON, MA · 2025
UNRESTRICTED
$25,000

Showing up to 5 of 476 total records — full history available with membership.

Officers & Directors

SECRETARY AND TREASURER Christine Krentz
VICE PRESIDENT Robert Wong
PRESIDENT Virginia B Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$2,127,700 476 grants

Financial Trends

Year Revenue Expenses Assets
2025 $325K $497K $3.1M
2024 $240K $324K $3.2M
2023 $66K $330K $3.3M
2022 $139K $221K $3.6M
2021 $149K $205K $3.7M

Between 2021 and 2025, reported annual revenue grew from $149K to $325K (+118%), with total assets most recently reported at $3.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CT, DC, FL, GA, IL, MA, and 4 other states.

CTDCFLGAILMAMDMEMIMO

Full geographic grant map with state-by-state breakdown available with membership.

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