Robert Welch Foundation

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Robert Welch Foundation

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Description area

Dates of existence

1954-

History

Robert Alonzo Welch was born in South Carolina and came to Houston around 1886. He started working for the Bute Paint Company (1867-1990) in 1891 as a bookkeeper and resigned in 1927 as secretary-treasurer but remained on it Board of Directors. In the early 1900s, he began investing in oil. When he died in 1952, 15% of his $25 million estate was divided among his 29 employees and the rest was used to establish the Robert A. Welch Foundation in 1954. The Welch Foundation is still a major source of funding for chemistry research in Texas.

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Authority record identifier

http://id.loc.gov/authorities/names/n80040117

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  • Clipboard

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  • EAC

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