Nonprofit · EIN 95-3982216
WELLS FAMILY CHARITABLE FOUNDATION
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,222,925 | $1,050,481 | $1,172,444 | $20,961,185 | $5,846 | $20,955,339 |
| December 31, 2023 | 990-PF | $6,489,939 | $1,005,175 | $5,484,764 | $20,651,534 | $2,023 | $20,649,511 |
| December 31, 2022 | 990-PF | $9,447,750 | $8,442,976 | $1,004,774 | $14,567,856 | $0 | $14,567,856 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $405,162
- Interest
- $73,499
- Net gain from sales of assets
- $1,681,151
- Other income
- $63,113
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $311,943
- Disbursements for charitable purposes
- $992,306
- Excise tax on investment income
- $30,090
Balance sheet and other
- Total assets, start of year
- $20,651,534
- Total assets, end of year
- $20,961,185
- Total liabilities, end of year
- $5,846
- Net assets, end of year
- $20,955,339
- Fair market value of assets
- $21,161,589
- Qualifying distributions
- $992,306
- Net investment income
- $2,222,925
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL C HEESCHEN 450 NEWPORT CENTER DR 450, NEWPORT BEACH, CA 92660 | President | 2 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL C HEESCHEN 450 NEWPORT CENTER DR 450, NEWPORT BEACH, CA 92660 | President | 0 | $0 |
990-PF for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL C HEESCHEN 450 NEWPORT CENTER DR 450, NEWPORT BEACH, CA 92660 | President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 450 NEWPORT CENTER DR STE 450, NEWPORT BEACH, CA 92660-7620
- In care of
- % PAUL C HEESCHEN
- Signed the 990-PF
- PAUL C HEESCHEN, President
- Phone
- (949) 644-1850
- Return prepared by
- Kikuko Takimoto
California records
California keeps its own records of charities and corporations. Search them by EIN 95-3982216 or by the name WELLS FAMILY CHARITABLE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-3982216
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Environment (C99)
- Assets (IRS master file)
- $20,961,185
- Income (IRS master file)
- $3,265,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,222,925 | $1,050,481 | $20,961,185 | IRS |
| 990-PF | December 2023 | $6,489,939 | $1,005,175 | $20,651,534 | XML |
| 990-PF | December 2022 | $9,447,750 | $8,442,976 | $14,567,856 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-3982216).
Questions about WELLS FAMILY CHARITABLE FOUNDATION
- What is the EIN of WELLS FAMILY CHARITABLE FOUNDATION?
- The employer identification number (EIN) of WELLS FAMILY CHARITABLE FOUNDATION is 95-3982216.
- Is WELLS FAMILY CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to WELLS FAMILY CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does WELLS FAMILY CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WELLS FAMILY CHARITABLE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELLS FAMILY CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WELLS FAMILY CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does WELLS FAMILY CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,222,925, expenses of $1,050,481 and total assets of $20,961,185 at year end.
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