Charles Russell Wellons Foundation

DURHAM, NC EIN: 56-1889755

The Charles Russell Wellons Foundation is a private family foundation established in 1995 and based in Durham, North Carolina. It holds 501(c)(3) tax-exempt status, making donations to the organization tax deductible.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.2M

+12.0% YoY

Annual Giving

$195K

-11.5% YoY

Grant Count

24

-4.0% YoY

Avg Grant Size

$8K

-7.8% YoY

Under IRS private-foundation payout rules, Charles Russell Wellons Foundation reported a distributable amount of $401K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grant-making priorities focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Professional Societies & Associations

Grantmaking

The foundation maintains an active grantmaking program, though specific application procedures are not detailed in available sources.

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Geographic Focus

Where this funder awards grants

The foundation primarily directs funding toward organizations in:

  • North Carolina
  • South Carolina
  • Florida

Grant Distribution by State

15states
+7 more states

Cities

AndersonAnn ArborBooneCharlotteCullowheeCumberlandDallasDurhamFayettevilleFranklin SpringsFt LauderdaleGallatinGreensboroGreenvilleHendersonHoustonKentLookout MountainLynchburgMemphis

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $8,222,465
  • Total liabilities: $122,000
  • Annual revenue: $1.35 million
  • Annual expenses: $473,000

The foundation has maintained consistent financial activity, with Form 990 tax filings available from 2011 through 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$431K$861K$1M$2M20202021202220232024
Metric202420232022
Total Assets$8,222,465$7,338,645$6,238,407
Revenue$1,353,288$1,566,303$831,428
Expenses$473,276$463,307$390,577
Qualifying Distributions$194,865$220,100$217,449
Net Investment Income$109,010$105,111$591,589
Distributable Amount$401,193$366,398$311,552

Giving Over Time

Total grant dollars and number of grants per year

$0$233K$465K$698K$931K27 grants202018 grants202119 grants202225 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMF$77KWELCH COLLEGE$20KBOB JONES UNIVERSITY$18KGRACE MINISTRIES$16KWRTP$10KAPPALACHIAN STATE UNIVER…$8KPENSACOLA CHRISTIAN$7KLIBERTY$6KUNC CHARLOTTE$6KHOLMES BIBLE COLLEGE$5K

Grant Size Distribution

113 grants across all recorded years

106<$50K3$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Comf ($76,765), Welch College ($20,000), Bob Jones University ($17,500).

RecipientPurposeAmount
APPALACHIAN STATE UNIVERSITY BOONE, NCEDUCATION$8,000
BOB JONES UNIVERSITY GREENVILLE, SCEDUCATION$17,500
CENTRAL PIEDMONT COM COLL CHARLOTTE, NCEDUCATION$1,200
COMF FAYETTEVILLE, NCRELIGIOUS$76,765
FLORIDA STATE TALLAHASSEE, FLSCHOLARSHIP$2,000
HOLMES BIBLE COLLEGE GREENVILLE, SCEDUCATION$4,800
LIBERTY LYNCHBURG, VAEDUCATION$5,900
PENSACOLA CHRISTIAN PENSACOLA, FLEDUCATION$7,400
PIEDMONT COMMUNITY COLLEGE ROXBORO, NCEDUCATION$200
UNC GREENSBORO GREENSBORO, NCEDUCATION$3,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM T ALLENPRESIDENT
CHARLENE HAMLETTSECRETARY

Contact Information

Mailing Address: PO Box 52328 Durham, NC 27717-2328

Telephone: 910-323-0191

Frequently Asked Questions

What does Charles Russell Wellons Foundation fund?

The foundation's grant-making priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Professional Societies & Associations

How do I apply for a grant from Charles Russell Wellons Foundation?

**Grant Activity (2024)** • Total giving: $194,865 • Typical award range: $200–$180,949 The foundation maintains an active grantmaking program, though specific application procedures are not detailed in available sources.

Where does Charles Russell Wellons Foundation make grants?

The foundation primarily directs funding toward organizations in: • North Carolina • South Carolina • Florida

What size grants does Charles Russell Wellons Foundation award?

In 2024, Charles Russell Wellons Foundation awarded 24 grants totaling $195K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Charles Russell Wellons Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Russell Wellons Foundation reported a distributable amount of $401K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Russell Wellons Foundation's EIN?

Charles Russell Wellons Foundation's EIN (Employer Identification Number) is 56-1889755. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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