Wellman Family Foundation
- Assets
- $100.0k
- Revenue
- -$76.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 56-2210377
Organization Overview
Wellman Family Foundation is located in Raleigh, NC. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Wellman Family Foundation has awarded 46 individual grants totaling $220,254. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DISTRIBUTED $28,155 TO 3 ORGANIZATIONS DURING 2022 FOR CHARITABLE PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
F Selby Wellman Jr President | 0.5 | $0 | |
Donna Bias Wellman V.P. & Sec | 0.5 | $0 | |
Brent Alan Wellman V.P. | 0.5 | $0 | |
Brian Ashley Wellman V.P. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $826 |
| Interest on Savings | $12 |
| Dividends & Interest | $121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,035 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$76 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $1,126 |
| Contributions, gifts, grants paid | $28,155 |
| Total expenses and disbursements | $29,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,028 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,028 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wellman Family Foundation has awarded $28,155 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LITTLE VICTORIES ANIMAL RESCUE PURPOSE: CHARITABLE | $28,000 |
AMERICAN HEART ASSOCIATION PURPOSE: CHARITABLE | $55 |
SPCA TAMPA BAY PURPOSE: CHARITABLE | $100 |