The Wellman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94K in total assets. In 2024, it awarded 7 grants totaling $6K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$94K
-0.8% YoY
Annual Giving
$6K
+12.3% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$802.143
-84.0% YoY
About The Wellman Family Foundation
Based on IRS filings
The Wellman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94K in total assets. In 2024, it awarded 7 grants totaling $6K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $94,096 | $94,815 | $100,028 |
| Revenue | $6,006 | $988 | $-76 |
| Expenses | $6,725 | $6,201 | $29,281 |
| Qualifying Distributions | $5,855 | $5,450 | $28,568 |
| Net Investment Income | $3,735 | — | — |
| Distributable Amount | $4,687 | $4,910 | $6,196 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
16 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 |
|---|---|---|---|
| F SELBY WELLMAN JR | PRESIDENT | 0.5 | — |
| DONNA BIAS WELLMAN | V.P. & SEC | 0.5 | — |
| BRENT ALAN WELLMAN | V.P. | 0.5 | — |
| BRIAN ASHLEY WELLMAN | V.P. | 0.5 | — |
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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