Wellness Foundation AKA The Reshmi &

Private foundation · Grantmaker Wilmington, DE EIN: 47-4390056

Wellness Foundation AKA The Reshmi & is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 9 grants totaling $170K. Net investment income was $148K.

Key facts about Wellness Foundation AKA The Reshmi &

In short: Wellness Foundation AKA The Reshmi & gave $170K across 9 grants in 2024 (avg $19K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
47-4390056
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$170,436
Grants made (2024)
9
Average grant
$18,937
Median grant
$20,388
Total assets
$5,802,807
Primary geography
New Jersey (89% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.8M

+12.5% YoY

Annual Giving

$170K

+47.6% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$19K

+47.6% YoY

Under IRS private-foundation payout rules, Wellness Foundation AKA The Reshmi & reported a distributable amount of $206K for 2024 — the minimum it must pay out in qualifying distributions.

How Wellness Foundation AKA The Reshmi & gives

  • Giving fell 56% from 2021 to 2024. Method
  • In 2024 it paid out 91% 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

4states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

LawrencevillePrincetonPhiladelphiaPrinceton JctBostonDowners GroveHamiltonRolling MeadowsTrenton

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K3 grants2020 8 grants2021 2 grants2022 9 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $28K (2022) to $390K (2021). In 2024 it made 9 grants totaling $170K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Al-Shifa Foundation of North America: $121K across 5 grantsAl-Shifa Foundation of NorthAmerica$121K · 5 grantsRahbar Foundation Trust: $20KRahbar Foundation Trust$20KPrinceton Area Community Foundation Inc: $19K across 2 grantsPrinceton Area CommunityFoundation Inc$19K · 2 grantsPuerto Rican Community Center Inc: $10KPuerto Rican Community CenterInc$10K

The largest 2024 recipient was Al-Shifa Foundation of North America ($121K across 5 grants). Together the top 4 received $170K.

Grant Size Distribution

31 grants across all recorded years

26<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 31 (84%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Al-Shifa Foundation of North America Princeton, NJCataract Surgical Camp at Layyah and Balakot for Underserved Patients$42,000
Al-Shifa Foundation of North America Princeton, NJCataract Surgery for Poor Patients - Mianwali$21,660
Al-Shifa Foundation of North America Princeton, NJCataract Surgery for Poor Patients - Mianwali$21,660
Al-Shifa Foundation of North America Princeton, NJCataract Surgery For Needy Patients - Charsadda$21,556
Rahbar Foundation Trust Hamilton, NJExpenditure Responsibility Grant$20,388
Princeton Area Community Foundation Inc Philadelphia, PAReshmi and Mahmood Siddique Charitable Fund$14,278
Al-Shifa Foundation of North America Princeton, NJCataract Surgery Camp - Skardu$13,894
Puerto Rican Community Center Inc Trenton, NJHVAV-RTU for Classroom$10,000
Princeton Area Community Foundation Inc Philadelphia, PAFund for Women and Girls$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,802,807$5,158,183$5,093,397
Revenue$854,499$203,709$20,413
Expenses$208,957$150,923$81,371
Qualifying Distributions$186,549$132,300$52,157
Net Investment Income$147,694$45,707$5,427
Distributable Amount$205,683$193,523$186,218

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Wellness Foundation AKA The Reshmi & is led by Reshmi M Siddique, President, Director & Treasurer on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Reshmi M Siddique

    President, Director & Treasurer

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Mahmood I Siddique

    Director, Secretary & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rania Siddique

    Director & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ryan Siddique

    Director & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about Wellness Foundation AKA The Reshmi &

How much does Wellness Foundation AKA The Reshmi & give each year?

Wellness Foundation AKA The Reshmi & gave $170K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $116K across 9 grants.

What is Wellness Foundation AKA The Reshmi &'s typical grant size?

Wellness Foundation AKA The Reshmi &'s median grant in 2024 was $20,388, and its average grant was $18,937, across 9 grants on its 2024 IRS Form 990-PF.

Where does Wellness Foundation AKA The Reshmi & give grants?

Wellness Foundation AKA The Reshmi & gives mostly in New Jersey: 89% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (11%). The most frequent recipient cities were Princeton, NJ (5 grants) and Philadelphia, PA (2 grants).

Does Wellness Foundation AKA The Reshmi & give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Wellness Foundation AKA The Reshmi &'s 2024 IRS Form 990-PF were described as general or operating support.

Who are Wellness Foundation AKA The Reshmi &'s largest grantees?

Wellness Foundation AKA The Reshmi &'s largest 2024 grantees include Al-Shifa Foundation of North America ($120,770 across 5 grants), Rahbar Foundation Trust ($20,388) and Princeton Area Community Foundation Inc ($19,278 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is Wellness Foundation AKA The Reshmi &?

Wellness Foundation AKA The Reshmi & reported $5.8M in total assets on its 2024 IRS Form 990-PF. It paid out $187K in qualifying distributions that year, against a required minimum of $206K (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 Wellness Foundation AKA The Reshmi &'s EIN?

Wellness Foundation AKA The Reshmi &'s EIN (Employer Identification Number) is 47-4390056. 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.

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