Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 65-0715451

WELDON FOUNDATION INC

Tax-exempt · JACKSONVILLE, FL 32226

Financials

$9K$212K2022$18K$153K2023−$198K$496K2024
Revenue Expenses · by fiscal year end
Financials of WELDON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF-$197,615$496,376-$693,991$7,885,468$0$7,872,468
December 31, 2023990-PF$18,252$153,232-$134,980$8,566,459$0$8,566,459
December 31, 2022990-PF (amended)$9,201$212,186-$202,985$8,444,439$30,000$8,414,439
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,726
Interest
$745
Net gain from sales of assets
-$201,086

Expenses

Grants and similar amounts paid
$452,500
Compensation of officers, directors and key employees
$13,000
Disbursements for charitable purposes
$480,403

Balance sheet and other

Total assets, start of year
$8,566,459
Total assets, end of year
$7,885,468
Total liabilities, end of year
$0
Net assets, end of year
$7,872,468
Fair market value of assets
$14,731,307
Qualifying distributions
$480,403
Net investment income
$3,471

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 / weekCompensation
DAVID WELDON
2892 LANDYNS CIRCLE, FERNANDINA BEACH, FL 32034
SECRETARY1$12,000
MATTHEW DODSON
5738 SHEFFIELD ROAD, JACKSONVILLE, FL 32226
TREASURER2$1,000
CYNTHIA M WELDON
5738 SHEFFIELD ROAD, JACKSONVILLE, FL 32226
PRESIDENT5$0
THOMAS D WELDON
6 OCEAN CLUB DRIVE, AMELIA ISLAND, FL 32034
VICE-PRES1$0
NORMAN R WELDON
75 SEA MARSH ROAD, AMELIA ISLAND, FL 32034
TREASURER2$0
CAROL J WELDON
75 SEA MARSH ROAD, AMELIA ISLAND, FL 32034
SECRETARY1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CYNTHIA M WELDON
5738 SHEFFIELD ROAD, JACKSONVILLE, FL 32226
PRESIDENT5$0
NORMAN R WELDON
75 SEA MARSH ROAD, AMELIA ISLAND, FL 32034
TREASURER2$0
THOMAS D WELDON
6 OCEAN CLUB DRIVE, AMELIA ISLAND, FL 32034
VICE-PRES1$0
CAROL J WELDON
75 SEA MARSH ROAD, AMELIA ISLAND, FL 32034
SECRETARY1$0
990-PF for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
CYNTHIA M WELDON
5738 SHEFFIELD ROAD, JACKSONVILLE, FL 32226
PRESIDENT5$0
NORMAN R WELDON
6 OCEAN CLUB DRIVE, AMELIA ISLAND, FL 32034
TREASURER2$0
THOMAS D WELDON
43 OCEAN CLUB DRIVE, AMELIA ISLAND, FL 32034
VICE-PRES1$0
CAROL J WELDON
6 OCEAN CLUB DRIVE, AMELIA ISLAND, FL 32034
SECRETARY1$0

Address and contacts

Address (IRS master file)
5738 SHEFFIELD RD, JACKSONVILLE, FL 32226-2224
In care of
% FOUNDATION SOURCE
Signed the 990-PF
CYNTHIA M WELDON, PRESIDENT
Phone
(904) 751-3133
Return prepared by
THE HURST COMPANY CPAS PA

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
65-0715451
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
1997
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20Z)
Assets (IRS master file)
$7,885,468
Income (IRS master file)
$330,266

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024-$197,615$496,376$7,885,468XML
990-PFDecember 2023$18,252$153,232$8,566,459IRS
990-PFDecember 2022$9,201$212,186$8,444,439XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 65-0715451).

Questions about WELDON FOUNDATION INC

What is the EIN of WELDON FOUNDATION INC?
The employer identification number (EIN) of WELDON FOUNDATION INC is 65-0715451.
Is WELDON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to WELDON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WELDON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of WELDON FOUNDATION INC 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 WELDON FOUNDATION INC 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 WELDON FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $12,000 (DAVID WELDON, SECRETARY).
How much revenue does WELDON FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of -$197,615, expenses of $496,376 and total assets of $7,885,468 at year end.

Other nonprofits in JACKSONVILLE

All nonprofits in JACKSONVILLE · Florida · Human services