Weld Foundation for Scientific and Environmental Development FY2020 filing

IRS exemption revoked

Hudson, MA501(c)(3) EIN 22-2989001Revenue −$116K in FY2020Latest return filed Jun 13, 2023

On file with the IRSCo Peter Scahill 34 Harriman Rd, 01749-0000 · Hudson, MATax-exempt since Dec 1989Private non-operating foundation

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FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $1.0M a year · 1443% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
990-PF Pt I · 3 filings
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$116K
Spent
$556K
Net assets
$2.5M
By yearFY2020–FY2022
Revenue
−$116K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020−$116K
FY2021$201K
FY2022$131K
Expenses
$556K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$556K
FY2021$68K
FY2022$2.7M
Net assets
$2.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.6M
FY2022$14K

From the FY2020 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Dec 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 90% · $500K Operating & administrative 10% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See Weld Foundation for Scientific and Environmental Development executive salaries →

Programs and updates

A private foundation based in Hudson, MA.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 7 grants · $2.6M · 2022–2022
Harvard UniversityFY2022$800,000
Harvard UniversityFY2022$400,000
Electra Aero - Harvard UniversityFY2022$300,000
Electra Aero - Harvard UniversityFY2022$300,000
Electra Aero - Harvard UniversityFY2022$300,000
Electra Aero - Harvard UniversityFY2022$300,000
Harvard UniversityFY2022$250,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$379K
Median grantPart XV$300K
Largest grantPart XV$800K

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
−$116K
Money out
$556K
Grants paid$500K
Running costs$56K
Owns and owes
$2.5M
net assets
Cash and savings$69K
Total assets$2.5M
Liabilities$0
2In more detail
Revenue in detail
Total revenue−$116K
Assets in detailEnd of year
Cash and savings together$69K
Total assets$2.5M
Liabilities$0
Net assets$2.5M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Jun 13, 2023 $131K$2.7M−$2.6M$14K 990 PDF
FY2021Filed with the IRS May 12, 2022 $201K$68K$133K$2.6M 990 PDF
FY2020 ViewingFiled with the IRS May 12, 2021 −$116K$556K−$671K$2.5M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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