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Also known as: FOUNDATION
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Martha Gaines And Russell Wehrle Memorial Foundation is a private trust based in CHARLESTON, WV. The foundation received its IRS ruling in 2008. The principal officer is Michael H Wehrle. It holds total assets of $6.8M. Annual income is reported at $1.5M. Total assets have decreased from $9.8M in 2011 to $6.6M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Martha Gaines And Russell Wehrle Memorial Foundation has made 5 grants totaling $1.7M, with a median grant of $356K. Annual giving has grown from $290K in 2020 to $381K in 2023. Grantmaking activity was highest in 2022 with $711K distributed across 2 grants. Individual grants have ranged from $290K to $381K, with an average award of $347K. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Martha Gaines And Russell Wehrle Memorial Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in WV.
Martha Gaines And Russell Wehrle Memorial Foundation has distributed a total of $1.7M across 5 grants. The median grant size is $356K, with an average of $347K. Individual grants have ranged from $290K to $381K.
Martha Gaines And Russell Wehrle Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Martha Gaines And Russell Wehrle Memorial Foundation is headquartered in CHARLESTON, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martha Chilton Mueller | TRUSTEE | $0 | $0 | N/A |
| E Gaines Wehrle | TRUSTEE | $0 | $0 | N/A |
| Katherine Wehrle Kend | TRUSTEE | $0 | $0 | N/A |
| Michael H Wehrle | TRUSTEE | $0 | $0 | N/A |
| Thomas A Heywood | TRUSTEE | $0 | $0 | N/A |
Total Giving
$452K
Total Assets
$6.6M
Fair Market Value
$6.6M
Net Worth
$6.6M
Grants Paid
$381K
Contributions
$75K
Net Investment Income
$189K
Distribution Amount
$312K
Total: $6.1M
Total Grants
5
Total Giving
$1.7M
Average Grant
$347K
Median Grant
$356K
Unique Recipients
1
Most Common Grant
$356K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedFund Operations | Charleston, WV | $381K | 2023 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV