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Richard D Wells Foundation is a private corporation based in MOBILE, AL. The foundation received its IRS ruling in 2000. The principal officer is Paul R Kalifeh Sr. It holds total assets of $393K. Annual income is reported at $531K. The foundation is governed by 1 officer or trustee. 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 2015 to 2024. Grantmaking is concentrated in Alabama. According to available records, Richard D Wells Foundation has made 15 grants totaling $84K, with a median grant of $3K. Annual giving has grown from $19K in 2021 to $66K in 2022. Individual grants have ranged from $500 to $17K, with an average award of $6K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$7K
Largest Grant
$17K
Based on 5 grants from the most recent 990-PF filing.
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.
Richard D Wells Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in AL.
Richard D Wells Foundation has distributed a total of $84K across 15 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $500 to $17K.
Richard D Wells Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard D Wells Foundation is headquartered in MOBILE, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Kalifeh | VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$393K
Fair Market Value
N/A
Net Worth
$393K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$84K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Michael SchoolFUND RAISER | Daphne, AL | $17K | 2022 |
| Christ The King ChurchFUND RAISER | Daphne, AL | $12K | 2022 |
| Christ The King BoosterFUND RAISER | Daphne, AL | $3K | 2022 |
| Archangel RadioFUND RAISER | Fairhope, AL | $1K | 2022 |
| Mcgill Toolen High SchoolFUND RAISER | Daphne, AL | $1K | 2022 |
| Mulherin Home For ChildrenFUND RAISER | Mobile, AL | $5K | 2021 |
| Olde Towne DaphneFUND RAISER | Daphne, AL | $500 | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL