Private Foundation

JUDITH AND RICHARD WELCH FAMILY FOUNDATION

JUDITH AND RICHARD WELCH FAMILY FOUNDATION is a Private Foundation headquartered in RIVERWOODS, IL. Financial data from the 2025 filing: $54K revenue, $62K expenses, $517K total assets. IRS filings disclose 85 grants awarded by this foundation, totaling roughly $288K.

EIN: 843957631 RIVERWOODS, IL Latest filing: 2025

Total Revenue$54K

Total Expenses$62K

Total Assets$517K

Grants Given85

Grant Total$288K

Filing Years2021–2025

Sample Grants Given

EVANS SCHOLARS FOUNDATION

GLENVIEW, IL · 2025

GENERAL

$15,000

HOOVER INSTITUTE

STANFORD, CA · 2025

GENERAL

$12,000

JEWISH UNITED FUND

NEW YORK, NY · 2025

GENERAL

$5,000

ORPHANS OF THE STORM

RIVERWOODS, IL · 2025

GENERAL

$4,000

RONALD MCDONALD HOUSE

CHICAGO, IL · 2025

GENERAL

$3,000

Showing up to 5 of 85 total records — full history available with membership.

Officers & Directors

Foundation Mgr. Judith Welch

Director Richard Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL

$288,480 85 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$54K	$62K	$517K
2024	$30K	$64K	$524K
2023	$74K	$65K	$558K
2022	$110K	$54K	$549K
2021	$171K	$55K	$494K

Between 2021 and 2025, reported annual revenue declined from $171K to $54K (-68%), with total assets most recently reported at $517K.

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

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, FL, IA, IL, NJ, and 3 other states.

AZCAFLIAILNJNYPATN

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

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