EIN 76-0343128

Robert A Welch Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
1991
Most recent tax filings
2022-08-01
NTEE code, primary
Description
The Robert A Welch Foundation is a private foundation located in Houston, TX. It made 64 grants last year, of which 30 went to University of Texas Southwestern Medical Center.
Total revenues
$60,351,309
2022
Total expenses
$34,107,139
2022
Total assets
$632,081,532
2022
Num. employees
n/a

Program areas at Robert A Welch Foundation

The Robert A. Welch Foundation award in chemistry. The purpose of The Robert A. Welch award in chemistry is to foster and encourage basic chemical research and to recognize, in A substantial manner, The value of chemical research contributions for The benefit of humankind as set forth in The will of Robert alonzo Welch. The founder was interested in chemistry and in its service to both The betterment and The understanding of human life. We also believe this award plays an important role in aiding and strengthening The other programs of The Foundation. In accordance with these principles, The award committee will consider any person who has made important chemical research contributions that have had A significant, positive influence on humankind. We intend that The award recognizes The contributions of an individual who has not previously been recognized in A similar manner.
The Welch Foundation hosts A conference which draws leading scientists from around The world to explore state-of-the-art research in various areas of chemistry. The Foundation sponsors these annual conferences to support fundamental research in chemistry. The topic of each conference and its participants are selected by A member of The scientific advisory board. It is The Foundation's desire to present programs with cutting-edge research in A variety of different areas of chemistry. The 2021 annual Robert A. Welch Foundation conference on chemical research was held virtually with approximately 549 people registered to watch.
Norman hackerman award in chemical research. The Welch Foundation's norman hackerman award in chemical research was established to recognize The accomplishments of chemical scientists in Texas who are in their early careers and to serve as an encouragement to those who are embarking on careers dedicated to increasing our fundamental understanding of chemistry. The award is intended for The personal benefit of The recipient, and carries no requirement for future services as A condition of receiving it. The award will be made on an annual basis, when warranted, to A scientist conducting chemical research in Texas.

Grants made by Robert A Welch Foundation

GranteeGrant descriptionAmount
Children's Research Institute at UT Southwestern (CRI)Basic Research in Chemistry and Related Fields$7,280,000
University of Texas at AustinBasic Research in Chemistry and Related Fields$6,666,000
William Marsh Rice UniversityBasic Research in Chemistry and Related Fields$4,800,000
...and 28 more grants made totalling $22,154,337

Personnel at Robert A Welch Foundation

NameTitleCompensation
Ronald PageChief Financial Officer$316,897
Carla AtmarGrant Director$158,448
Loan KieuAssistant Controller$120,120
Colette BleasdaleExecutive Assistant$80,595
Ron PagePast Chief Financial Officer / Controller
...and 2 more key personnel

Financials for Robert A Welch Foundation

RevenuesFYE 08/2022
Total grants, contributions, etc.$0
Investment income and dividends$6,147,590
Net rental income$-373,776
Net gain from sale of non-inventory assets$43,020,416
Gross sales of inventory$0
Miscellaneous revenues$10,982,051
Total revenues$60,351,309

Form 990s for Robert A Welch Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-082023-07-13990PFView PDF
2021-082022-07-14990PFView PDF
2020-082021-07-21990PFView PDF
2019-082020-12-16990PFView PDF
2018-082019-09-09990PFView PDF
...and 7 more Form 990s

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OrganizationLocationRevenue
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The Patterson FoundationSarasota, FL$20,136,399
High FoundationLancaster, PA$117,686,516
The Cudahy FoundationMequon, WI$18,063,592
MJS FoundationNew York, NY$44,310,653
Valley Baptist Legacy FoundationHarlingen, TX$33,279,969
Booth Ferris FoundationChicago, IL$20,264,625
The Keith Haring FoundationNew York, NY$16,770,647
Data update history
August 23, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 26, 2023
Updated personnel
Identified 1 new personnel
May 14, 2023
Used new vendors
Identified 2 new vendors, including , and
December 22, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1717 W LP S Suite 1661
Houston, TX 77027
Metro area
Houston-The Woodlands-Sugar Land, TX
Website URL
welch1.org/ 
Phone
(713) 961-9884
IRS details
EIN
76-0343128
Fiscal year end
August
Taxreturn type
Form 990-PF
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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