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Nonprofit · EIN 27-4470063

FINIS WELCH FOUNDATION

Tax-exempt · COLLEGE STA, TX 77845

Financials

$18.5M$430K2022$10.9M$1.1M2023$13.7M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of FINIS WELCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$13,713,834$2,167,471$11,546,363$39,486,016$0$39,486,016
December 31, 2023990-PF (amended)$10,902,525$1,106,730$9,795,795$27,932,615$0$27,932,615
December 31, 2022990-PF (amended)$18,511,125$429,751$18,081,374$18,136,820$0$18,136,820
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,000,061
Dividends
$1,196,928
Interest
$516,845

Expenses

Grants and similar amounts paid
$1,121,412
Compensation of officers, directors and key employees
$367,515
Salaries, compensation and benefits (total)
$331,901
Disbursements for charitable purposes
$2,089,137
Excise tax on investment income
$23,111

Balance sheet and other

Total assets, start of year
$27,932,615
Total assets, end of year
$39,486,016
Total liabilities, end of year
$0
Net assets, end of year
$39,486,016
Fair market value of assets
$39,486,016
Qualifying distributions
$2,089,137
Net investment income
$1,713,773

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LARA ANDERSON
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
PRESIDENT / TREASURER40$330,662$49,800
CRYSTAL DUPRE
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
DEVELOPMENT DIRECTOR
Highest-paid employee
40$214,017$32,250
LACEY JUNEK
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
SCHOLARSHIP DIRECTOR
Highest-paid employee
40$120,070$18,000
KEVIN MURPHY
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
CHAIRMAN OF THE BOARD2$0$0
ROBERT TOPEL
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
VICE CHAIR0.5$0$0
PHIL GRAMM
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
BOARD MEMBER0.5$0$0
WENDY GRAMM
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
BOARD MEMBER0.5$0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
LARA ANDERSON
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
PRESIDENT / TREASURER40$200,000$31,200
LACEY JUNEK
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
SCHOLARSHIP DIRECTOR
Highest-paid employee
40$108,043$16,200
CRYSTAL DUPRE
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
DEVELOPMENT DIRECTOR
Highest-paid employee
20$94,417$14,163
KEVIN MURPHY
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
CHAIRMAN OF THE BOARD2$0$0
ROBERT TOPEL
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
VICE CHAIR0.5$0$0
PHIL GRAMM
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
BOARD MEMBER0.5$0$0
WENDY GRAMM
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
BOARD MEMBER0.5$0$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
KEVIN MURPHY
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
CHAIRMAN OF THE BOARD0.5$0
ROBERT TOPEL
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
VICE CHAIR0.5$0
LARA ANDERSON
3018 BARRON ROAD SUITE 100, COLLEGE STATION, TX 77845
PRESIDENT / TREASURER0.5$0

Address and contacts

Address (IRS master file)
3018 BARRON RD STE 100, COLLEGE STA, TX 77845-9104
In care of
% LARA ANDERSON
Signed the 990-PF
LARA ANDERSON, PRESIDENT/EXECUTIVE DIRECTOR
Phone
(979) 321-6397
Return prepared by
RSM US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-4470063
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$39,486,016
Income (IRS master file)
$13,713,834

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$13,713,834$2,167,471$39,486,016XML
990-PFDecember 2023$10,902,525$1,106,730$27,932,615XML
990-PFDecember 2022$18,511,125$429,751$18,136,820XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4470063).

Questions about FINIS WELCH FOUNDATION

What is the EIN of FINIS WELCH FOUNDATION?
The employer identification number (EIN) of FINIS WELCH FOUNDATION is 27-4470063.
Is FINIS WELCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FINIS WELCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FINIS WELCH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FINIS WELCH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINIS WELCH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of FINIS WELCH FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $330,662 (LARA ANDERSON, PRESIDENT / TREASURER).
How much revenue does FINIS WELCH FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,713,834, expenses of $2,167,471 and total assets of $39,486,016 at year end.

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