Civic Intelligence

Welchwood Foundation Inc

EIN 20-3199483 • Seattle, WA

1420 5th Ave No 4200Seattle, WA 98101-2375
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2021

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

<$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

153%

Faster revenue growth than 93% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,167,197 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $3,167,197 (-100%) from 2020

Operations
Liabilities / Revenue66th percentileNet Margin97th percentile

Revenue

Up

$251,993

Up $152,394 (+153%) from 2020

Expenses

Down

$19,176

Down $227,487 (-92%) from 2020

Net Income

Up

$232,817

Up $379,881 (+258%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,657,396Liabilities 2011: $0Net Assets 2011: $2,657,3962011Assets 2012: $2,598,082Liabilities 2012: $0Net Assets 2012: $2,598,0822012Assets 2013: $3,034,562Liabilities 2013: $0Net Assets 2013: $3,034,5622013Assets 2014: $2,983,457Liabilities 2014: $0Net Assets 2014: $2,983,4572014Assets 2015: $2,984,908Liabilities 2015: $0Net Assets 2015: $2,984,9082015Assets 2016: $3,082,032Liabilities 2016: $0Net Assets 2016: $3,082,0322016Assets 2017: $3,536,764Liabilities 2017: $0Net Assets 2017: $3,536,7642017Assets 2018: $3,395,794Liabilities 2018: $0Net Assets 2018: $3,395,7942018Assets 2019: $3,314,261Liabilities 2019: $0Net Assets 2019: $3,314,2612019Assets 2020: $3,167,197Liabilities 2020: $0Net Assets 2020: $3,167,1972020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $207,2352011Expenses 2012: $135,8492012Expenses 2013: $159,3372013Revenue 2014: $138,310Expenses 2014: $189,415Net Income 2014: -$51,1052014Revenue 2015: $189,028Expenses 2015: $187,577Net Income 2015: $1,4512015Revenue 2016: $205,971Expenses 2016: $108,847Net Income 2016: $97,1242016Revenue 2017: $644,658Expenses 2017: $189,926Net Income 2017: $454,7322017Revenue 2018: $98,976Expenses 2018: $239,946Net Income 2018: -$140,9702018Revenue 2019: $157,217Expenses 2019: $238,750Net Income 2019: -$81,5332019Revenue 2020: $99,599Expenses 2020: $246,663Net Income 2020: -$147,0642020Revenue 2021: $251,993Expenses 2021: $19,176Net Income 2021: $232,8172021

Highlighted filing

2021

Revenue$251,993
Expenses$19,176
Net Income$232,817
Open 2021 Filing

Filings

Most recent year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$251,993
Expenses
$19,176
Net income
$232,817
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.25$0.02$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$0.10$0.25$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.16$0.24$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$0.10$0.24$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.54$0.64$0.19$0.45
2016Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$0.21$0.11$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.19$0.19$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.14$0.19$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.16
2012Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.14
2011Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARJORIE W DRACKETTPresident-$0--
CHARLES M DRACKETT JRSecretary/ Treasurer-$0--
ANNE D THOMASVice President-$0--
Filing and Contact Details

Filer

Filer Name
Welchwood Foundation Inc
EIN
20-3199483
Phone
2062237000
Address
1420 5TH AVE NO 4200, SEATTLE, WA 98101-2375

Signing Officer

Name
Charles M Drackett Jr
Title
Secretary/ Treasurer
Phone
2062237000
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Andersen Tax LLC
Address
1200 FIFTH AVENUE, SEATTLE, WA 98101
Preparer
Alyson Peters
Phone
2065777880
Raw XML Appendix319 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/Amt07672
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt03836
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt03836
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt0GROWING TREE FOUNDATION INC
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt1HRD-C FOUNDATION INC
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt02945569
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt12945568
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0CASH TOTALLING $410,199PUBLICLY TRADED SECURITIES WITH A FAIR MARKET VALUE TOTALLING $2,535,370
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt1CASH TOTALLING $409,829PUBLICLY TRADED SECURITIES WITH A FAIR MARKET VALUE TOTALLING $2,535,739
DissolutionStmt/DissolutionInformationGrp/USAddress/AddressLine1Txt0CO LANE POWELL 1420 5TH AVE NO 4200
DissolutionStmt/DissolutionInformationGrp/USAddress/AddressLine1Txt14201 GULF SHORE BLVD NORTH NO 120
DissolutionStmt/DissolutionInformationGrp/USAddress/CityNm0SEATTLE
DissolutionStmt/DissolutionInformationGrp/USAddress/CityNm1NAPLES
DissolutionStmt/DissolutionInformationGrp/USAddress/StateAbbreviationCd0WA
DissolutionStmt/DissolutionInformationGrp/USAddress/StateAbbreviationCd1FL
DissolutionStmt/DissolutionInformationGrp/USAddress/ZIPCd098101
DissolutionStmt/DissolutionInformationGrp/USAddress/ZIPCd134103
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0FORM 990, PART VII-B, LINE 2(B)
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0EXCEPTION FOR FILING FORM 4720
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0WELCHWOOD FOUNDATION, INC. ("THE FOUNDATION") IS PROVIDING WITH THIS RETURN WRITTEN NOTICE OF ITS INTENT TO TERMINATE ON JUNE 30TH, 2021 IN ACCORDANCE WITH IRC SECTION 507(A)(1) (SEE ATTACHMENT A).ON JUNE 23RD, 2021, THE FOUNDATION MADE AN IRC SECTION 507(B)(2) TRANSFER OF ONE-HALF OF ITS ASSETS TO GROWING TREE FOUNDATION INC (EIN: 46-1533212) AND ONE-HALF OF ITS ASSETS HRD-C FOUNDATION, INC (EIN: 45-3591216), BOTH OF WHICH ARE PRIVATE NON-OPERATING FOUNDATIONS. THIS TRANSFER CONSTITUTED A COMPLETE AND FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS.AT THE END OF THE TAX YEAR ENDING JUNE 30TH, 2021, THE FOUNDATION HAD "UNDISTRIBUTED INCOME" AS DESCRIBED IN IRC SECTION 4942(C). REV. RUL. 2002-28 PROVIDES THAT THE TRANSFEREE FOUNDATION(S) IN AN IRS SECTION 507(B)(2) TRANSFER ASSUME ALL OBLIGATIONS WITH RESPECT TO THE TRANSFEROR'S UNDISTRIBUTED INCOME WITHIN THE MEANING OF IRC SECTION 4942(C). ONE-HALF OF THE UNDISTRIBUTED INCOME ON WELCHWOOD FOUNDATION, INC.'S FINAL TAX RETURN WILL BE ASSUMED BY EACH GROWING TREE FOUNDATION INC AND HRD-C FOUNDATION, INC AND WILL BE REPORTED AS UNDISTRIBUTED INCOME AND MUST BE DISTRIBUTED BY THE PRIVATE FOUNDATIONS BY THE END OF THE 2021 TAX YEAR TO AVOID EXCISE TAX ON UNDISTRIBUTED INCOME.THE FOUNDATION ANSWERED "YES" TO PART VII-B, QUESTION 2A OF FORM 990-PF. ACCORDING TO THE INSTRUCTIONS FOR FORM 4720, RETURN OF CERTAIN EXCISE TAXES UNDER CHAPTERS 41 AND 42 OF THE INTERNAL REVENUE CODE, GENERALLY FORM 4720 MUST BE FILED FOR ORGANIZATIONS THAT ANSWERED YES TO QUESTION 2A; HOWEVER, SINCE THE TRANSFEREE FOUNDATIONS WILL ASSUME THE OBLIGATION WITH RESPECT TO THE UNDISTRIBUTED INCOME, WELCHWOOD FOUNDATION, INC. DOES NOT OWE EXCISE TAX AND IS NOT REQUIRED TO FILE FORM 4720 TO CALCULATE SUCH TAX.
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt044667
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0197294
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt010032
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0251993
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt0251993
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt03836
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt03836
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt07672
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt0199413
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt044667
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt044667
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0232817
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt01028391
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt010032
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt010032
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0197294
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0238772
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt010123
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt010123
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt01381
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt01381
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt03836
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt015340
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt019176
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0254112
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0251993
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt03836
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt015340
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt019176
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt0615011
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1213967
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0157462
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt14183
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt237768
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0157462
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt14183
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt237768
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt0772473
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt1218150
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt237768
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2CAPITAL GAINS DIVIDENDS
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0199413
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0232817
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt03400014
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt03400014
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt03167197
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt00
IRS990PF/DistributableAmountGrp/DeductionFromDistributableAmt00
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0238555
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0238555
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0238555
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0241874
IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt03319
IRS990PF/DistributableAmountGrp/TotalTaxAmt03319
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt02711
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt0750
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt03319
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0142
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt0142
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt03319
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt03319
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt03461
IRS990PF/FinalReturnInd0X
IRS990PF/FMVAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0102228
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt02060924
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt0328309
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt03167197
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt0424958
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt03167197
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt03167197
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt03167197
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt0250778
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt00
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt04911141
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0435652
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt04475489
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt073667
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0241874
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt04837474
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt04911141
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MARJORIE W DRACKETT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1CHARLES M DRACKETT JR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2ANNE D THOMAS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1SECRETARY/ TREASURER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0100 GLENVIEW PLACE 1102
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt113313 SALISHAN LANE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt24201 GULF SHORE BLVD NORTH
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0NAPLES
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1MOUNT VERNON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2NAPLES
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0FL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1WA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2FL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd034108
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd198273
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd234103
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt03836
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt03836
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt00
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt03836
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePY1Yr02019
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd01
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd01
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0CHARLES M DRACKETT JR
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0C/O LANE POWELL 1420 FIFTH AVENUE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0SEATTLE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0WA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd0981012375
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd01
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0OH
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum02062237000
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt03836
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0238555
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt03836
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt0186608
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0238555
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0190444
LiquidationExplanationStmt/ExplanationTxt0WELCHWOOD FOUNDATION, INC. ("THE FOUNDATION") IS PROVIDING WITH THIS RETURN WRITTEN NOTICE OF ITS INTENT TO TERMINATE ON JUNE 30TH, 2021 IN ACCORDANCE WITH IRC SECTION 507(A)(1) AND AN EXECUTED COPY OF THE FOUNDATION'S PLAN OF DISSOLUTION (SEE ATTACHMENT A). ON JUNE 23RD, 2021, THE FOUNDATION MADE AN IRC SECTION 507(B)(2) TRANSFER OF ONE-HALF OF ITS ASSETS TO GROWING TREE FOUNDATION INC (EIN: 46-1533212) AND ONE-HALF OF ITS ASSETS TO HRD-C FOUNDATION, INC (EIN: 45-3591216), BOTH OF WHICH ARE PRIVATE NON-OPERATING FOUNDATIONS. THIS TRANSFER CONSTITUTED A FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS. REV. RUL. 2002-28 HOLDS THAT IF A PRIVATE FOUNDATION TRANSFERS ALL OF ITS ASSETS UNDER IRC SECTION 507(B)(2) AND CHOOSES TO PROVIDE NOTICE OF INTENT TO TERMINATE, IT IS SUBJECT TO THE IRS SECTION 507(C) TAX; HOWEVER, IF THE PRIVATE FOUNDATION HAS NO ASSETS ON THE DAY IT PROVIDES NOTICE, THE IRC SECTION 507(C) TAX WILL BE ZERO. SINCE THE FOUNDATION IS PROVIDING NOTICE AFTER ALL ASSETS WERE DISTRIBUTED, THE FOUNDATION DOES NOT OWE TERMINATION TAX UNDER SECTION 507(C).
OtherDecreasesSchedule/OtherDecreasesDetail/Amt01700007
OtherDecreasesSchedule/OtherDecreasesDetail/Amt11700007
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0507(B)(2) TERMINATION DISTRIB. TO GROWING TREE FOUNDATION INC (46-1533212)
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1507(B)(2) TERMINATION DISTRIB. TO HRD-C FOUNDATION (45-3591216)
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt010123
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0INVESTMENT ADVISORY FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt010123
TaxesSchedule/TaxesDetail/Amt01381
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt01381
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES M DRACKETT JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/ TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02062237000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELCHWOOD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WELC
ReturnHeader/Filer/EIN0203199483
ReturnHeader/Filer/PhoneNum02062237000
ReturnHeader/Filer/USAddress/AddressLine1Txt01420 5TH AVE NO 4200
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0981012375
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331197384
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSEN TAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01200 FIFTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098101
ReturnHeader/PreparerPersonGrp/PhoneNum02065777880
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALYSON PETERS
ReturnHeader/ReturnTs02022-05-16T10:57:41-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DRACKETT JR
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.