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Wellworth Foundation is a private association based in REDMOND, WA. The foundation received its IRS ruling in 1998. The principal officer is David J Thacher. It holds total assets of $1.9M. Annual income is reported at $66K. Total assets have decreased from $2.3M in 2011 to $1.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Wellworth Foundation has made 2 grants totaling $350K, with a median grant of $175K. Annual giving has decreased from $250K in 2022 to $100K in 2023. Individual grants have ranged from $100K to $250K, with an average award of $175K. Grant recipients are concentrated in Florida. 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.
Wellworth Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in FL.
Wellworth Foundation has distributed a total of $350K across 2 grants. The median grant size is $175K, with an average of $175K. Individual grants have ranged from $100K to $250K.
Wellworth Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wellworth Foundation is headquartered in REDMOND, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David J Thacher | CO-TRUSTEE | $0 | $0 | N/A |
| Nancy C Thacher | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$104K
Total Assets
$1.8M
Fair Market Value
$4.1M
Net Worth
$1.8M
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$63K
Distribution Amount
$184K
Total: $1.6M
Total Grants
2
Total Giving
$350K
Average Grant
$175K
Median Grant
$175K
Unique Recipients
1
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab CharitableTHACHER DONOR ADVISED FUND | Orlando, FL | $100K | 2023 |