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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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