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· Private foundation

Rena Fee Welch Trust

Its FY2025 filing reports that it accepted unsolicited grant applications.

$13k
Granted FY2025still arriving
17
Grants FY2025still arriving
3
States reached
$1k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Education$109k
02FY2025 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

$648
Median grant
3
States reached
$341k
Total assets
Largest grants
RecipientAmount
CENTRAL COLLEGE$1,463
IOWA STATE UNIVERSITY$1,401
INDIAN HILLS COMMUNITY COLLEGE$1,339
SIMPSON COLLEGE$1,315
IOWA STATE UNIVERSITY$857
CORNELL COLLEGE$759
IOWA CENTRAL COMMUNITY COLLEGE$737
TRUMAN STATE UNIVERSITY$730
WILLIAM PENN UNIVERSITY$648
CENTRAL COLLEGE$636
WILLIAM PENN UNIVERSITY$615
IOWA STATE UNIVERSITY$613
ELMHURST UNIVERSITY$587
INDIAN HILLS COMMUNITY COLLEGE$549
BLACK HAWK EAST COMMUNITY COLLEGE$100
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY25–25) land where the poverty rate runs at 12%, against an area that typically sits at 6%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 6%SIMPSON COLLEGE: $1k → 6%CENTRAL COLLEGE: $1k → 8%CORNELL COLLEGE: $759 → 9%DES MOINES AREA COMMUNITY COLLEGE: $100 → 10%WILLIAM PENN UNIVERSITY: $648 → 10%IOWA CENTRAL COMMUNITY COLLEGE: $737 → 13%INDIAN HILLS COMMUNITY COLLEGE: $1k → 16%NORTHWEST MISSOURI STATE UNIVERSITY: $100 → 17%TRUMAN STATE UNIVERSITY: $730 → 28%ELMHURST UNIVERSITY: $587 → 7%BLACK HAWK EAST COMMUNITY COLLEGE: $100 → 9%CENTRAL COLLEGE: $636 → 8%WILLIAM PENN UNIVERSITY: $615 → 10%INDIAN HILLS COMMUNITY COLLEGE: $549 → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

71%of every dollar goes to organizations it has funded before.
$77k · 16 repeat orgs$32k to everyone else

16 repeat relationships: 10 still active in FY2025, 6 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

16
26

Total granted

$77k
$31k

Median revenue growth · since first grant

+28%
+83%

Still filing today

38%
4%

New vs renewed · share of each year

In FY2025, 93% of grant dollars renewed an existing relationship; $830 went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • WP
    WILLIAM PENN UNIVERSITY
    4× · 2022–2025 · $16k · revenue +13%
  • IH
    INDIAN HILLS COMMUNITY COLLEGE
    4× · 2022–2025 · $6k · revenue +450%
  • EU
    ELMHURST UNIVERSITY
    4× · 2022–2025 · $6k · revenue +23%

Funded once

  • SA
    ST AMBROSE UNIVERSITYgraduated
    one grant, 2022 · $7k · revenue +83%
  • UO
    UNIVERSITY OF NORTHERN IOWA
    one grant, 2022 · $4k
  • NH
    NICHOLAS HASELHUHN CO UNIVERSITY
    one grant, 2021 · $3k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Union College

Offer a college experience including education, housing, & associated programs in lincoln, ne.

Education
2
Luther College

On a campus of more than 800 acres along the banks of the upper iowa river in decorah, iowa, luther is a true residential campus, with 96 percent of students living on campus and nearly 95 percent of faculty choosing to live within five…

Education
3
St Marys University of Minnesota

Saint mary's university of minnesota is a private catholic institution that serves about 3,900 students annually. the university offers a comprehensive, personalized education guided by its lasallian catholic heritage. with a wide array of…

Education
4
Upper Iowa University

Upper iowa university provides quality educational opportunities accessible through varied delivery methods to inspire success and empower lives.

Education
5
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
6
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
7
Illinois College

Illinois college is a co-educational institution of higher learning in the liberal arts.

Education
8
Centre College

Centre college is an educational community dedicated to study in the liberal arts as a means to develop the intellectual, personal, and moral potential of its students.

Education
9
Dordt University

Dordt university was founded in 1955 and provides christ-centered education for students, alumni, and the broader community.

Education
10
Clarke University of Dubuque Iowa

Catholic, co-educational, liberal arts university educating at post-secondary & graduate level

Education
11
Nebraska Wesleyan University

An academic community dedicated to intellectual and personal growth within a christian environment.

Education
12
Augustana University Association

A four-year liberal arts university affiliated with the evangelical lutheran church.

Education
How this is measured
The grantee most central to the portfolio’s shape is St Ambrose University; the most unlike its peers is North Iowa Area Community College Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

7 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 7 of the 44 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
7/7
Grantees still filing
6/7
Grew since first funded

Where the money sits, by cause and then by grantee

IOWA STATE UNIVERSITY: $19,342 · OtherIOWA STATE UNIVERSITYINDIAN HILLS COMMUNITY COLLEGE: $5,651 · OtherINDIAN HILLS COMMUNITY COLLEGEELMHURST UNIVERSITY: $5,626 · OtherELMHURST UNIVERSITYDAKOTA PINEGAR CO UNIVERSITY OF: $5,412 · OtherDAKOTA PINEGAR CO UNIVERSITY OFUNIVERSITY OF NORTHERN IOWA: $3,910 · OtherNICHOLAS HASELHUHN CO UNIVERSITY: $3,468 · OtherALLIE UTTERBACK CO WILLIAM PENN: $3,366 · OtherRILEY KELDERMAN CO ST AMBROSE: $2,939 · OtherALEXIS CROZIER CO SIMPSON COLLEGE: $2,734 · Other+30 more: $24,983 · Other+30 moreWILLIAM PENN UNIVERSITY: $15,893 · EducationWILLIAM PENN UNIVERSITYST AMBROSE UNIVERSITY: $6,868 · EducationST AMBROSE UNIVERSITYSimpson College: $4,619 · EducationSimpson CollegeCENTRAL COLLEGE: $3,579 · EducationCENTRAL COLLEGE+1 more: $859 · Education
Other$77,431Education$31,818

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetWILLIAM PENN UNIVERSITY: $15,893 over 4y, 0.0% of budgetST AMBROSE UNIVERSITY: $6,868 over 1y, 0.0% of budgetINDIAN HILLS COMMUNITY COLLEGE: $5,651 over 4y, 1.4% of budgetELMHURST UNIVERSITY: $5,626 over 4y, 0.0% of budgetSimpson College: $4,619 over 2y, 0.0% of budgetCENTRAL COLLEGE: $3,579 over 2y, 0.0% of budgetCORNELL COLLEGE: $859 over 2y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds WILLIAM PENN UNIVERSITY ↗
  • Who funds ST AMBROSE UNIVERSITY ↗
  • Who funds INDIAN HILLS COMMUNITY COLLEGE ↗
  • Who funds ELMHURST UNIVERSITY ↗
  • Who funds Simpson College ↗
  • Who funds CENTRAL COLLEGE ↗
  • Who funds CORNELL COLLEGE ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Moore Scholarship TrustWI13.6× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Moore Scholarship Trust

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Rena Fee Welch Trust funds: left to right is the share of its income from government, bottom to top the share from Rena Fee Welch Trust. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    2report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 44 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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