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

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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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