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Wells Family Charitable Foundation is a private corporation based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2024. The principal officer is Paul C Heeschen. It holds total assets of $21M. Annual income is reported at $3.3M. Total assets have grown from $3.1M in 2011 to $21M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of environment. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in California. According to available records, Wells Family Charitable Foundation has made 16 grants totaling $8.8M, with a median grant of $20K. Annual giving has grown from $761K in 2020 to $8M in 2022. Individual grants have ranged from N/A to $7M, with an average award of $552K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$16K
Average Grant
$85K
Largest Grant
$327K
Based on 9 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.
Wells Family Charitable Foundation primarily funds organizations in the area of environment. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA.
Wells Family Charitable Foundation has distributed a total of $8.8M across 16 grants. The median grant size is $20K, with an average of $552K. Individual grants have ranged from N/A to $7M.
Wells Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wells Family Charitable Foundation is headquartered in NEWPORT BEACH, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul C Heeschen | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$21M
Fair Market Value
N/A
Net Worth
$21M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$8.8M
Average Grant
$552K
Median Grant
$20K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Leland Stanford Junior UniversityEDUCATION | Stanford, CA | $7M | 2022 |
| MptfCOMMUNITY SUPPORT | Woodland Hills, CA | $1M | 2022 |
| CalartsARTS EDUCATION | Los Angeles, CA | $40K | 2021 |
| La Philharmonic AssocationARTS EDUCATION | Los Angeles, CA | $25K | 2021 |
| Big Sur Fiddle CampARTS EDUCATION | Big Sur, CA | $1K | 2021 |
| Library Foundation Of Los AngelesEDUCATION/COMMUNITY | Los Angeles, CA | $1K | 2021 |
| Bhhs Alumni AssociationEDUCATION | Beverly Hills, CA | $500 | 2021 |
| See AttachmentSEE ATTACHMENT | Newport Beach, CA | $327K | 2020 |
| Greater Los Angeles Zoo AssociationEDUCATION/CONSERVATION | Los Angeles, CA | $189K | 2020 |
| Children'S Hospital Los AngelesMEDICINE/SCIENCE | Los Angeles, CA | $23K | 2020 |