The Richard D Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $393K in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$393K
-2.5% YoY
Annual Giving
$68K
+113.9% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$14K
+113.9% YoY
About The Richard D Wells Foundation
Based on IRS filings
The Richard D Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $393K in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $59K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2020 |
|---|---|---|---|
| Total Assets | $392,531 | $402,650 | $466,079 |
| Revenue | $64,666 | $-17,992 | $31,362 |
| Expenses | $73,039 | $38,607 | $8,937 |
| Qualifying Distributions | $73,039 | $38,607 | — |
| Net Investment Income | $59,227 | $12,321 | $24,925 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Michael School ($56,600), Christ the King Church ($5,000), Christ the King Booster ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHANGEL RADIO FAIRHOPE, AL | FUND RAISER | $1,500 |
| CHRIST THE KING BOOSTER DAPHNE, AL | FUND RAISER | $2,500 |
| CHRIST THE KING CHURCH DAPHNE, AL | FUND RAISER | $5,000 |
| ST MICHAEL SCHOOL DAPHNE, AL | FUND RAISER | $56,600 |
| VOCATION MINISTRY DAPHNE, AL | FUND RAISER | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL KALIFEH | VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Richard D Wells Foundation?
The Richard D Wells Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. It holds $393K in total assets as of 2024.
How large is The Richard D Wells Foundation?
As of 2024, The Richard D Wells Foundation holds $393K in total assets with $65K in annual revenue. It awarded 5 grants totaling $68K in 2024.
Where does The Richard D Wells Foundation operate?
The Richard D Wells Foundation has awarded grants in Alabama.
What size grants does The Richard D Wells Foundation award?
In 2024, The Richard D Wells Foundation awarded 5 grants totaling $68K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is The Richard D Wells Foundation's EIN?
The Richard D Wells Foundation's EIN (Employer Identification Number) is 63-1212621. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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