Welch Foundation Inc

Spokane, WA
Tax-exempt since July 1954
EIN: 91-6035155

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Revenue

$21,915

Expenses

$29,129

Net Income

-$7,214

Net Assets

$168,974

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$5,392	24.6%
Sales of Assets	$16,516	75.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,496	80.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$168,974
Total Liabilities	$0
Net Assets	$168,974

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice Preside)	$0	$0
Frank O'neill (Secretary)	$0	$0
Michael F Wilson (Trustee/Dire)	$0	$0
Lyn Mills (Trustee/Dire)	$0	$0
Jeff O'neill (Trustee/Dire)	$0	$0

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990-PF

Filed on Feb. 11, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2024

Revenue

$26,504

Expenses

$34,829

Net Income

-$8,325

Net Assets

$176,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21	0.1%
Dividends	$5,932	22.4%
Sales of Assets	$20,551	77.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,616	90.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$176,189
Total Liabilities	$0
Net Assets	$176,189

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice Preside)	$0	$0
Frank O'neill (Secretary)	$0	$0
Michael F Wilson (Trustee/Dire)	$0	$0
Lyn Mills (Trustee/Dire)	$0	$0
Jeff O'neill (Trustee/Dire)	$0	$0

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990-PF

Filed on Jan. 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending March
2023

Revenue

$7,466

Expenses

$1,334

Net Income

$6,132

Net Assets

$184,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.1%
Dividends	$5,210	69.8%
Sales of Assets	$2,248	30.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$184,517
Total Liabilities	$0
Net Assets	$184,517

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice Preside)	$0	$0
Frank O'neill (Secretary)	$0	$0
Michael F Wilson (Trustee/Dire)	$0	$0
Lyn Mills (Trustee/Dire)	$0	$0
Jeff O'neill (Trustee/Dire)	$0	$0

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990-PF

Filed on Feb. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$11,809

Expenses

$24,651

Net Income

-$12,842

Net Assets

$178,374

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,102	43.2%
Sales of Assets	$6,707	56.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,512	87.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$178,374
Total Liabilities	$0
Net Assets	$178,374

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice Preside)	$0	$0
Frank O'neill (Secretary)	$0	$0
Michael F Wilson (Trustee/Dire)	$0	$0
Lyn Mills (Trustee/Dire)	$0	$0
Jeff O'neill (Trustee/Dire)	$0	$0

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990-PF

Filed on Feb. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending March
2021

Revenue

$11,850

Expenses

$24,354

Net Income

-$12,504

Net Assets

$191,216

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,064	42.7%
Sales of Assets	$6,786	57.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,491	88.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$191,216
Total Liabilities	$0
Net Assets	$191,216

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice Preside)	$0	$0
Frank O'neill (Secretary)	$0	$0

990-PF

Filed on Dec. 30, 2021

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending March
2020

Revenue

$5,614

Expenses

$107,330

Net Income

-$101,716

Net Assets

$203,720

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.1%
Dividends	$6,193	> 100%
Sales of Assets	-$586
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$102,909	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$203,720
Total Liabilities	$0
Net Assets	$203,720

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice President)	$0	$0
Frank O'neill (Secretary)	$0	$0

990-PF

Filed on Feb. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending March
2019

Revenue

$14,935

Expenses

$12,040

Net Income

$2,895

Net Assets

$305,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,197	68.3%
Sales of Assets	$4,738	31.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,000	83.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$305,436
Total Liabilities	$0
Net Assets	$305,436

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice President)	$0	$0
Frank O'neill (Secretary)	$0	$0

990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending March
2018

Revenue

$93,591

Expenses

$75,048

Net Income

$18,543

Net Assets

$302,541

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,248	8.8%
Sales of Assets	$85,343	91.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,402	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$302,541
Total Liabilities	$0
Net Assets	$302,541

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice President)	$0	$0
Frank O'neill (Secretary)	$0	$0

990-PF

Filed on Feb. 12, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2017

Revenue

$11,460

Expenses

$33,095

Net Income

-$21,635

Net Assets

$283,998

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,504	56.8%
Sales of Assets	$4,956	43.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,374	85.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$283,998
Total Liabilities	$0
Net Assets	$283,998

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson (President)	$0	$0
Jacqueline Peterson (Vice President)	$0	$0
Frank O'neill (Secretary)	$0	$0

990-PF

Filed on Dec. 4, 2017

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending March
2016

Revenue

$21,290

Expenses

$27,810

Net Income

-$6,520

Net Assets

$305,633

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,729	31.6%
Sales of Assets	$14,561	68.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,364	73.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$305,633
Total Liabilities	$0
Net Assets	$305,633

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson Co Wash Trust Bank (President)	$0	$0
Jacqueline Peterson Co Wash Trust (Vice President)	$0	$0
Frank O'neill Co Wash Trust Bank (Secretary)	$0	$0

990-PF

Filed on Aug. 11, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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PDF (2 of 2)

Fiscal Year Ending March
2015

Revenue

$37,632

Expenses

$22,255

Net Income

$15,377

Net Assets

$312,153

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,362	24.9%
Sales of Assets	$28,270	75.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,354	82.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$312,153
Total Liabilities	$0
Net Assets	$312,153

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson Co Wash Trust Bank (President)	$0	$0
Jacqueline Peterson Co Wash Trust (Vice President)	$0	$0
Frank O'neill Co Wash Trust Bank (Secretary)	$0	$0

990-PF

Filed on Dec. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2014

Revenue

$15,562

Expenses

$19,974

Net Income

-$4,412

Net Assets

$296,776

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,265	46.7%
Sales of Assets	$8,297	53.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,359	81.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$296,776
Total Liabilities	$0
Net Assets	$296,776

Compensation

Key Employees and Officers	Compensation	Other
Carol A Wilson Co Wash Trust Bank (President)	$0	$0
Jacqueline Peterson Co Wash Trust (Vice President)	$0	$0
Frank O'neill Co Wash Trust Bank (Secretary)	$0	$0

990-PF

Filed on Sept. 26, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending March
2013

Revenue

$12,188

Expenses

$24,806

Net Income

-$12,618

Net Assets

$301,187

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,622	62.5%
Sales of Assets	$4,566	37.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,337	86.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$301,188
Total Liabilities	$1
Net Assets	$301,187

990-PF

Filed on Nov. 13, 2013

Primary tax return for a private foundation's activities, finances, and governance

View Filing

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PDF XML

Fiscal Year Ending March
2012

Revenue

$4,082

Expenses

$21,075

Net Income

-$16,993

Net Assets

$313,498

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,438	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,575	78.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$313,499
Total Liabilities	$1
Net Assets	$313,498

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Welch Foundation Inc

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending March 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

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2025

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2024

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2023

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2022

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2021

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2020

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2019

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2018

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2017

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2015

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2014

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2013

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2012

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2011

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