The Wellworth Foundation

Private foundation · Grantmaker Redmond, WA EIN: 91-6438273

The Wellworth Foundation is a private foundation focused on Crime & Legal Related, based in Redmond, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 1 grant totaling $95K. Net investment income was $69K.

Key facts about The Wellworth Foundation

In short: The Wellworth Foundation gave $95K across 1 grant in 2025 (avg $95K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
91-6438273
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$95,000
Grants made (2025)
1
Average grant
$95,000
Median grant
$95,000
Total assets
$1,870,071
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.9M

-1.5% YoY

Annual Giving

$95K

Grant Count

1

Avg Grant Size

$95K

Under IRS private-foundation payout rules, The Wellworth Foundation reported a distributable amount of $259K for 2025 — the minimum it must pay out in qualifying distributions.

How The Wellworth Foundation gives

  • Giving fell 62% from 2022 to 2025. Method
  • In 2025 it paid out 37% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Orlando

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2019 1 grant2020 0 grants2021 1 grant2022 1 grant2023 0 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $95K (2025) to $380K (2020). In 2025 it made 1 grant totaling $95K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Schwab Charitable: $95KSchwab Charitable$95K

The largest 2025 recipient was Schwab Charitable ($95K).

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 3 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Orlando, FLThacher Donor Advised Fund$95,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,870,071$1,897,909$1,836,057
Revenue$71,498$65,923$64,827
Expenses$99,336$4,071$103,874
Qualifying Distributions$96,075$1,087$101,025
Net Investment Income$69,136$63,811$62,765
Distributable Amount$259,074$223,301$184,261

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 28, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Wellworth Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David J. Thacher

    Co-Trustee

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Nancy C. Thacher

    Co-Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Wellworth Foundation

How much does The Wellworth Foundation give each year?

The Wellworth Foundation gave $95K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is The Wellworth Foundation?

The Wellworth Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $96K in qualifying distributions that year, against a required minimum of $259K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Wellworth Foundation?

The Wellworth Foundation is a private foundation focused on Crime & Legal Related, based in Redmond, WA. It holds $1.9M in total assets as of 2025.

Where does The Wellworth Foundation operate?

The Wellworth Foundation has awarded grants in Florida.

What is The Wellworth Foundation's EIN?

The Wellworth Foundation's EIN (Employer Identification Number) is 91-6438273. IRS Form 990 filing data is available on this page for 2019–2025.

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

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