May 15, 2021

Parkersburg Area Community Foundation receives $15 million


PARKERSBURG, W.Va. (WTAP) – The Parkersburg Space Group Basis is the beneficiary of a multi-million greenback present from a outstanding enterprise and group chief who died in August 2019.

The $15 million present from Mary “Mickey” Welch is the only largest present within the basis’s 57-year historical past.

It’s getting used to create a everlasting endowment in her identify that can emphasize lots of her favourite causes.

Welch, the primary girl in West Virginia to drill an oil properly, is remembered for serving to numerous enterprise homeowners and civic organizations by way of the years.

And in recent times, she helped launch the inspiration’s starvation and security internet funds, that are getting used to handle essential wants throughout the pandemic.

The inspiration’s govt director says the present highlights the sort of particular person Welch actually was.

“Mickey has at all times been recognized for her exceptional generosity,” says Parkersburg Space Group Basis’s govt director, Judy Sjostedt Ritchie. “And he or she has actually been considerate in regards to the totally different organizations that she’s supported through the years. And he or she knew our position in the neighborhood was to be a steward of everlasting charitable funds. And I believe she was a type of actually nice individuals who wished to have the ability to proceed to care for the issues that have been essential to her throughout her lifetime.”

The inspiration plans to work with Welch’s daughter, Mary Anne Ketelsen — CEO of the Mister Bee potato chip firm — on how the cash will probably be used.

Copyright 2020 WTAP. All rights reserved.


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