The Martha Gaines & Russell Wehrle Memorial Foundation

CHARLESTON, WV EIN: 26-6428986

The Martha Gaines & Russell Wehrle Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 38 grants totaling $405K. Net investment income was $406K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+3.8% YoY

Annual Giving

$405K

+6.3% YoY

Grant Count

38

+3700.0% YoY

Avg Grant Size

$11K

-97.2% YoY

About The Martha Gaines & Russell Wehrle Memorial Foundation

Based on IRS filings

The Martha Gaines & Russell Wehrle Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 38 grants totaling $405K. Net investment income was $406K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CharlestonClendeninDavisFayettevilleGodfreyHurricaneLewisburgMorgantownRock CaveSouth Charleston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$153K$306K$460K$613K20202021202220232024
Metric202420232022
Total Assets$6,825,582$6,575,832$6,157,072
Revenue$523,639$321,969$387,982
Expenses$510,202$451,790$434,074
Qualifying Distributions$432,500$394,100$368,475
Net Investment Income$405,671$189,279$279,138
Distributable Amount$335,695$312,298$324,882

Giving Over Time

Total grant dollars and number of grants per year

$0$101K$202K$303K$405K1 grants20201 grants20211 grants20221 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHARLESTON AREA MEDICAL …$100KUNIVERSITY OF CHARLESTON$75KTHE LIBRARY FOUNDATION O…$25KUniversity of Charleston…$25KCODA MOUNTAIN ACADEMY INC$13KA NEW CLENDENIN$10KCLAY CENTER FOR THE ARTS…$10KNATIONAL YOUTH SCIENCE A…$10KSAINT MATTHEWS EPISCOPAL…$10KTGKVF - COMMUNITY INITIA…$10K

Grant Size Distribution

42 grants across all recorded years

36<$50K1$50–100K1$100–250K4$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

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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