Public Charity

FATHER VINCENT WELCH MEMORIAL FUND

Based in DEARBORN, MI, FATHER VINCENT WELCH MEMORIAL FUND operates as a Public Charity. The organization reported $308K in revenue, $350K in expenses, $28K in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $8K.

EIN: 383005252 DEARBORN, MI Human Service Organizations NTEE: P20 Latest filing: 2025
Total Revenue$308K
Total Expenses$350K
Total Assets$28K
Grant Records1
Funding Total$8K
Filing Years2021–2025

Mission

THE MEMORIAL FUND WAS ORGANIZED TO RAISE PROCEEDS THROUGH CHARITABLE CONTRIBUTIONS FOR THE CREATION AND MAINTENANCE OF SCHOLARSHIP FUNDS. THE SCHOLARSHIP FUNDS WILL BE DEDICATED TO THE ASSISTANCE OF NEEDY YOUNG PEOPLE FROM THE METRO DETROIT AREA IN OBTAINING SECONDARY, UNDER-GRADUATE AND POST-GRADUATE EDUCATIONS.

Where $100 goes at Father Vincent Welch Memorial Fund

How Father Vincent Welch Memorial Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Contribution to university of detroit mercy and loyola high school for scholarships
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Catherine Mcnamara
VICE PRESIDENT Fr Donald Worthy
SECRETARY Lynn Henning
PRESIDENT/DIRECTOR Michael T Mcnamara

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $308K $350K $28K
2024 $508K $641K $70K
2023 $381K $480K $203K
2022 $387K $100K $302K
2021 $337K $328K $15K

Between 2021 and 2025, reported annual revenue declined from $337K to $308K (-9%), with total assets most recently reported at $28K.

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

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