The Mildred Sheffield Wells Charitable Trust is a private foundation based in Raleigh, North Carolina. The trust operates as an independent foundation focused on philanthropic giving in specific areas of health research and human services.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.7M
+1.1% YoY
Annual Giving
$335K
+4.9% YoY
Grant Count
18
+5.9% YoY
Avg Grant Size
$19K
-1.0% YoY
Under IRS private-foundation payout rules, Mildred Sheffield Wells Char Trust reported a distributable amount of $458K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust's giving priorities center on organizations engaged in cancer and arthritis research. The foundation also supports education, philanthropy, voluntarism and grantmaking, and human services, with a geographic emphasis on North Carolina and South Carolina.
Grantmaking
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Geographic Focus
Where this funder awards grants
The Mildred Sheffield Wells Charitable Trust primarily funds organizations in North Carolina and South Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $5,713,339
Total Annual Giving: $335,191
The foundation's financial data is based on the most recent IRS Form 990 filing from 2025.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,713,339 | $5,652,281 | $5,683,173 |
| Revenue | $560,564 | $437,643 | $243,931 |
| Expenses | $499,506 | $468,535 | $502,959 |
| Qualifying Distributions | $422,860 | $404,459 | $420,790 |
| Net Investment Income | $491,453 | $363,347 | $184,751 |
| Distributable Amount | $458,291 | $430,352 | $400,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include St Pauls Episcopal Church ($51,766), Food Bank - Central & Eastern Nc ($25,000), Rebuilding Together Pitt County ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE SALVATION ARMY GREENVILLE, NC | 501C3 PURPOSES | $21,766 |
| BOYS & GIRLS CLUB OF COASTAL PLAIN WINTERVILLE, NC | 501C3 PURPOSES | $21,766 |
| ST PAULS EPISCOPAL CHURCH GREENVILLE, NC | 501C3 PURPOSES | $51,766 |
| HOPE OF GLORY MINISTRIES GREENVILLE, NC | 5013C PURPOSES | $15,000 |
| FOOD BANK - CENTRAL & EASTERN NC GREENVILLE, NC | 501C3 PURPOSES | $25,000 |
| CARENET COUNSELING EAST GREENVILLE, NC | 501C3 PURPOSES | $20,000 |
| CHILDREN'S CANCER PARTNERS SPARTANSBURG, SC | 501C3 PURPOSES | $3,500 |
| GREENVILLE MUSEUM OF ART INC GREENVILLE, NC | 501C3 PURPOSES | $15,731 |
| MOONBEAMS AND MIRACLES THERAEUTIC GRIMESLAND, NC | 501C3 PURPOSES | $6,500 |
| REBUILDING TOGETHER PITT COUNTY GREENVILLE, NC | 501C3 PURPOSES | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES G SULLIVAN | CHAIRMAN | 2.75 | $24,250 |
| DANNY MCNALLY | MEMBER | 0.5 | $4,540 |
| ANDREW S CANNAN | MEMBER | 1.25 | $10,800 |
Contact Information
Location: 4242 Six Forks Road, Floor 1, Raleigh, NC 27609-6084
Telephone: 252-756-8888
Administrative Contact: Bank of America (serves as trustee/administrator)
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Mildred Sheffield Wells Char Trust fund?
The trust's giving priorities center on organizations engaged in cancer and arthritis research. The foundation also supports education, philanthropy, voluntarism and grantmaking, and human services, with a geographic emphasis on North Carolina and South Carolina.
How do I apply for a grant from Mildred Sheffield Wells Char Trust?
**Grant Amounts:** Typical awards range from $1,000 to $75,000. **Annual Giving:** The foundation distributed $335,191 in total giving according to its most recent financial data. **Grant Activity:** The trust maintains an active grantmaking program, though specific application procedures are not detailed in available sources.
Where does Mildred Sheffield Wells Char Trust make grants?
The Mildred Sheffield Wells Charitable Trust primarily funds organizations in North Carolina and South Carolina.
What size grants does Mildred Sheffield Wells Char Trust award?
In 2025, Mildred Sheffield Wells Char Trust awarded 18 grants totaling $335K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Mildred Sheffield Wells Char Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mildred Sheffield Wells Char Trust reported a distributable amount of $458K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mildred Sheffield Wells Char Trust's EIN?
Mildred Sheffield Wells Char Trust's EIN (Employer Identification Number) is 56-6505336. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Mildred Sheffield Wells Char Trust's focus areas in our free grants database
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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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