Wells Family Charitable Foundation
Wells Family Charitable Foundation is a private foundation focused on Environment & Animals, based in Newport Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.0M in total assets. In 2024, it made $992K in qualifying distributions. Net investment income was $2.2M.
Key facts about Wells Family Charitable Foundation
- EIN
- 95-3982216
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $20,961,185
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.0M
+1.5% YoY
Revenue
$2.2M
-65.7% YoY
Qualifying Distributions
$992K
+5.8% YoY
Expenses
$1.1M
+4.5% YoY
How Wells Family Charitable Foundation gives
- In 2023 it paid out 94% 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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $68K (2021) to $8.0M (2022). In 2022 it made 2 grants totaling $8.0M.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 11 grants of 16 (69%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,961,185 | $20,651,534 | $14,567,856 |
| Revenue | $2,222,925 | $6,489,939 | $9,447,750 |
| Expenses | $1,050,481 | $1,005,175 | $8,442,976 |
| Qualifying Distributions | $992,306 | $938,284 | $8,417,000 |
| Net Investment Income | $2,164,750 | $399,548 | $338,685 |
| Distributable Amount | — | $1,002,289 | $913,921 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Wells Family Charitable Foundation is led by Paul C. Heeschen, President since 2021 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Paul C. Heeschen
President
Secretary → President, 2021
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Luanne C. Wells (2020) — President
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 Wells Family Charitable Foundation
How large is Wells Family Charitable Foundation?
Wells Family Charitable Foundation reported $21.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $2.2M.
What is Wells Family Charitable Foundation?
Wells Family Charitable Foundation is a private foundation focused on Environment & Animals, based in Newport Beach, CA. It holds $21.0M in total assets as of 2024.
Where does Wells Family Charitable Foundation operate?
Wells Family Charitable Foundation has awarded grants in California.
What is Wells Family Charitable Foundation's EIN?
Wells Family Charitable Foundation's EIN (Employer Identification Number) is 95-3982216. 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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