Well Future Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 85-3976503

Well Future Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $367K in total assets. In 2025, it awarded 2 grants totaling $35K. Net investment income was $90.

Key facts about Well Future Foundation

In short: Well Future Foundation gave $35K across 2 grants in 2025 (avg $18K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
85-3976503
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$35,000
Grants made (2025)
2
Average grant
$17,500
Median grant
$17,500
Total assets
$366,538
Primary geography
Massachusetts (86% 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

$367K

-11.8% YoY

Annual Giving

$35K

+3400.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$18K

+1650.0% YoY

Under IRS private-foundation payout rules, Well Future Foundation reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.

How Well Future Foundation gives

  • In 2025 it paid out 123% of its IRS minimum distribution (the 5% rule). 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

5states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

BostonAlexandriaLincolnRockvilleSalt Lake City

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2020 1 grant2021 3 grants2023 1 grant2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $1K (2024) to $35K (2025). In 2025 it made 2 grants totaling $35K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

VHL Alliance Inc: $30KVHL Alliance Inc$30KAmerican Heart Association Inc: $5KAmerican Heart Association Inc$5K

The largest 2025 recipient was VHL Alliance Inc ($30K). Together the top 2 received $35K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
VHL Alliance Inc Boston, MAGeneral & Unrestricted$30,000
American Heart Association Inc Salt Lake City, UTGeneral & Unrestricted$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2023 2024 2025
Metric202520242023
Total Assets$366,538$415,385$405,459
Revenue$90$20,248$-5,356
Expenses$48,937$10,322$33,126
Qualifying Distributions$47,778$10,197$32,524
Net Investment Income$90$40,239$30,588
Distributable Amount$38,792$25,256$16,180

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Well Future Foundation is led by Thomas Clifton Rath, Director, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Thomas Clifton Rath

    Director, President, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Well Future Foundation

How much does Well Future Foundation give each year?

Well Future Foundation gave $35K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 1 grant.

How large is Well Future Foundation?

Well Future Foundation reported $367K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).

Where does Well Future Foundation operate?

Well Future Foundation has awarded grants in Massachusetts, Maryland, Nebraska, Utah, Virginia.

What is Well Future Foundation's EIN?

Well Future Foundation's EIN (Employer Identification Number) is 85-3976503. IRS Form 990 filing data is available on this page for 2020–2025.

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

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