W S Wellons Foundation

Foundation · Grantmaker SPRING LAKE, NC EIN: 58-1537766

W S Wellons Foundation is a private foundation, based in SPRING LAKE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 3 grants totaling $5K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$350K

-8.4% YoY

Annual Giving

$5K

-92.2% YoY

Grant Count

3

-57.1% YoY

Avg Grant Size

$2K

-81.9% YoY

Under IRS private-foundation payout rules, W S Wellons Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About W S Wellons Foundation

Based on IRS filings

W S Wellons Foundation is a private foundation, based in SPRING LAKE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 3 grants totaling $5K. Net investment income was $39K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

FalconFayettevilleFranklin SpringsSpring Lake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$39K$78K$117K$157K20202021202220232024
Metric202420232022
Total Assets$349,979$382,268$454,904
Revenue$44,026$71,521$79,108
Expenses$79,954$142,383$139,375
Qualifying Distributions$4,500$58,000$58,500
Net Investment Income$38,881$64,368$75,786
Distributable Amount$21,389$27,008$33,007

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$59K7 grants20206 grants20217 grants20227 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

FALCON CHILDRENS HOME$3KCAPE FEAR BOTANICAL GARD…$1KMETHODIST UNIVERSITY$1K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Falcon Childrens Home ($2,500), Cape Fear Botanical Gardens ($1,000), Methodist University ($1,000).

RecipientPurposeAmount
CAPE FEAR BOTANICAL GARDENS FAYETTEVILLE, NCARBOR$1,000
FALCON CHILDRENS HOME FALCON, NCGENERAL FUND$2,500
METHODIST UNIVERSITY FAYETTEVILLE, NCSCHOLARSHIP$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

W S WELLONS JRCHAIRMAN$40KJUDY WELLONSDIRECTOR$10K

From 2024 filing

NameTitleHoursCompensation
W S WELLONS JRCHAIRMAN1$40,000
JUDY WELLONSDIRECTOR1$10,000

Frequently Asked Questions

How large is W S Wellons Foundation?

As of 2024, W S Wellons Foundation holds $350K in total assets with $44K in annual revenue. It awarded 3 grants totaling $5K in 2024.

Where does W S Wellons Foundation operate?

W S Wellons Foundation has awarded grants in Georgia, North Carolina.

What size grants does W S Wellons Foundation award?

In 2024, W S Wellons Foundation awarded 3 grants totaling $5K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is W S Wellons Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, W S Wellons Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is W S Wellons Foundation's EIN?

W S Wellons Foundation's EIN (Employer Identification Number) is 58-1537766. IRS Form 990 filing data is available on this page for 2020–2024.

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

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