W S Wellons Foundation
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.
W S Wellons Foundation at a glance
In short: W S Wellons Foundation gave $5K across 3 grants in 2024 (avg $2K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,500
- -92.2% vs 2023
- Grants made (2024)
- 3
- -57.1% vs 2023
- Average grant
- $1,500
- -81.9% vs 2023
- Median grant
- $1,000
- Total assets
- $349,979
- -8.4% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who W S Wellons Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Falcon Childrens Home ($3K). Together the top 3 received $5K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 30 grants of 30 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How W S Wellons Foundation gives
- Giving fell 77% from 2021 to 2024. Method
- In 2024 it paid out 21% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2024) to $59K (2022). In 2024 it made 3 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Falcon Childrens Home Falcon, NC | General Fund | $2,500 |
| Cape Fear Botanical Gardens Fayetteville, NC | ARBOR | $1,000 |
| Methodist University Fayetteville, NC | Scholarship | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $349,979 | $44,026 | $79,954 | $4,500 | 3 | $4,500 | $38,881 | $21,389 |
| 2023 | $382,268 | $71,521 | $142,383 | $58,000 | 7 | $58,000 | $64,368 | $27,008 |
| 2022 | $454,904 | $79,108 | $139,375 | $58,500 | 7 | $58,500 | $75,786 | $33,007 |
| 2021 | $522,702 | $94,448 | $90,786 | $19,500 | 6 | $19,500 | $92,152 | $36,384 |
| 2020 | $514,668 | $69,894 | $97,378 | $21,000 | 7 | — | $2,126 | $37,920 |
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.
Leadership & Key People
Officers and directors from IRS filings
W S Wellons Foundation is led by W. S. Wellons Jr., Chairman on every filing since 2020; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
W. S. Wellons Jr.
Chairman
On filings since 2020
1 hr/week
$35K (2020) → $40K (2024)
Judy Wellons
Director
Director → Secretary, 2021
Secretary → Director, 2022
On filings since 2020
1 hr/week
$10K (2020) → $10K (2024)
Former officers (1)
- Former: Cooper Wellons (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $40K, to W S Wellons Jr (Chairman). 2 officers or directors reported compensation on that filing.
Frequently asked questions about W S Wellons Foundation
How much does W S Wellons Foundation give each year?
W S Wellons Foundation gave $5K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $58K across 7 grants.
What is W S Wellons Foundation's typical grant size?
W S Wellons Foundation's median grant in 2024 was $1,000, and its average grant was $1,500, across 3 grants on its 2024 IRS Form 990-PF.
Where does W S Wellons Foundation give grants?
W S Wellons Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fayetteville, NC (2 grants).
Does W S Wellons Foundation give general operating support?
Yes: 33% of W S Wellons Foundation's 2024 grants with a stated purpose (1 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is W S Wellons Foundation?
W S Wellons Foundation reported $350K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $21K (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 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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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