Also known as: The Reshmi & Mahmood Siddique Foundation
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Wellness Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is Foundation Source. It holds total assets of $5.8M. Annual income is reported at $1.5M. Total assets have grown from $594K in 2015 to $5.8M in 2024. The foundation is governed by 4 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 2016 to 2024. The foundation primarily funds organizations in New Jersey, Illinois and Massachusetts. According to available records, Wellness Foundation has made 7 grants totaling $177K, with a median grant of $5K. Annual giving has decreased from $121K in 2020 to $56K in 2022. Individual grants have ranged from $3K to $113K, with an average award of $25K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$25K
Average Grant
$49K
Largest Grant
$150K
Based on 8 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.
Wellness Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NJ.
Wellness Foundation has distributed a total of $177K across 7 grants. The median grant size is $5K, with an average of $25K. Individual grants have ranged from $3K to $113K.
Wellness Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wellness Foundation is headquartered in WILMINGTON, DE. The foundation primarily funds organizations in New Jersey, Illinois, Massachusetts.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Reshmi M Siddique | Pres, Dir, Treas | $0 | $0 | N/A |
| Ryan Siddique | Dir, VP | $0 | $0 | N/A |
| Rania Siddique | Dir, VP | $0 | $0 | N/A |
| Mahmood I Siddique | Dir, Sec, VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.8M
Fair Market Value
N/A
Net Worth
$5.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$177K
Average Grant
$25K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Muslim Center Of Greater Princeton IncSocial Worker fund | Princeton Jct, NJ | $25K | 2022 |
| Princeton Area Community Foundation IncFund for Women and Girls | Lawrenceville, NJ | $3K | 2022 |
| Womanspace Incto purchase Thanksgiving Gift Cards for families | Lawrenceville, NJ | $3K | 2020 |